What is Timing Difference in Tax and Timing Differences Versus Permanent Differences

As the taxable profit is computed based on taxation laws which differ from the accounting policies applied to determine the accounting profit,hence the taxable profit and accounting profit can differ. The difference between taxable profit and accounting profit can be classified into:

permanent differences timing differences

This articles looks at the aforesaid differences and [...]

September 14th,2008 | Tags:Timing differences,What is | Category:Others | Leave a comment