What is meant by tax allocation within a period? What is the justification for such practice?

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What is meant by “tax allocation within a period”? What is the justification for such practice?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

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

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Question Posted: Dec 11, 2010 01:29 AM

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What is meant by tax allocation within a period? What is the justification for such practice?

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Tax allocation within a period is the practice of allocating the income tax for a period to such it...View the full answer

Intermediate Accounting

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