Research on the Interactive Model of Taxable Income Adjustment and Temporary Difference Increment

DOI

10.2991/icsshe-18.2018.98How to use a DOI?

Keywords

Taxable Income Adjustment, Temporary Difference, Income Tax Adjustment, Deferred Income Tax Item

Abstract

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.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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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  - Proceedings of the 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  - 10.2991/icsshe-18.2018.98
ID  - Zhao2018/09
ER  -