Interest on governmental bonds is often referred to as a permanent difference when determining the proper amount

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Interest on governmental bonds is often referred to as a permanent difference when determining the proper amount to report for deferred taxes. Explain the meaning of permanent differences, and give two other examples.

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Intermediate Accounting

ISBN: 978-0470616314

IFRS edition volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Jun 17, 2013 02:59 AM

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Interest on governmental bonds is often referred to as a permanent difference when determining the proper amount

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Intermediate Accounting

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