Taxable income of a corporation: Differs from accounting income due to differences in interperiod allocation and permanent differences between the two methods of income determination Differs from accounting income due to temporary differences only. Differs from accounting income due to differences in statutory rates and effective tax rates. Differs from accounting income due to differences in intraperiod allocation between the two methods of income determination. On the statement of comprehensive income, the income tax expense must be shown separately for: Earnings from continuing dwerations and discontinued operations and OCI in aggregate Earnings from continuing operations and discontinued operations and each OCI item Earnings from continuing operations, discontinued operations and extraordinary items Earnings from continuing operations, gains on disposals and discontinued operations