2007•Journal of Nanping Teachers CollegeRequires access

Comparative Analysis on the Income Tax Accounting Method in China

Junsheng Yang

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Abstract

The major method of the income tax accounting is tax payable method and tax effect accounting method.The tax effect accounting method includes deferred method and liability method.And the liability method includes income statement approach and balance sheet approach.This text analysis on and compares the deference of the several income tax accounting methods,then do some discussions about the best method of in- come tax accounting for our country.

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The major method of the income tax accounting is tax payable method and tax effect accounting method.The tax effect accounting method includes deferred method and liability method.And the liability method includes income statement approach and balance sheet approach.This text analysis on and compares the deference of the several income tax accounting methods,then do some discussions about the best method of in- come tax accounting for our country.

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Available abstract

The major method of the income tax accounting is tax payable method and tax effect accounting method.The tax effect accounting method includes deferred method and liability method.And the liability method includes income statement approach and balance sheet approach.This text analysis on and compares the deference of the several income tax accounting methods,then do some discussions about the best method of in- come tax accounting for our country.

Key concepts: Accounts payable, Accounting, State income tax, Liability, Income tax, Write-off, Gross income, Business

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