Research on the Interactive Model of Taxable Income Adjustment and Temporary Difference Increment
Peng Zhao, Zhiping Jiang, Shiqing Huang
Available Online September 2018.
- https://doi.org/10.2991/icsshe-18.2018.98How to use a DOI?
- Taxable Income Adjustment, Temporary Difference, Income Tax Adjustment, Deferred Income Tax Item
- We develop a model to analyze the interactive relationship between the taxable income adjustment based on income statement and the increment of temporary difference based on balance sheet. The results indicate that: in each period, the temporary taxable income adjustment equals the income tax-related temporary difference increment, and the adjustment of temporary income tax in each period equals the income tax-related deferred income tax item. These equivalent relationships can restrict neither the value of the permanent taxable income adjustment and its corresponding income tax adjustment, nor the temporary difference increment irrelative to income tax and its corresponding deferred income tax item increment. We also reveal how to use this model in the practice of income tax accounting by typical case study.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Peng Zhao AU - Zhiping Jiang AU - Shiqing Huang PY - 2018/09 DA - 2018/09 TI - Research on the Interactive Model of Taxable Income Adjustment and Temporary Difference Increment BT - 2018 4th International Conference on Social Science and Higher Education (ICSSHE 2018) PB - Atlantis Press SP - 399 EP - 402 SN - 2352-5398 UR - https://doi.org/10.2991/icsshe-18.2018.98 DO - https://doi.org/10.2991/icsshe-18.2018.98 ID - Zhao2018/09 ER -