Book Cover; Title; Copyright; Contents; Table of Cases; Table of Legislation; Table of Secondary Legislation; Abstract; Dedication; Acknowledgments; 1 Introduction; 2 Accounting background; 3 Tax values; 4 Between GAAP and fiscal accounting; 5 Timing of recognition of income from deposits; 6 Timing of recognition of income from advances; 7 Timing of the deduction of future expenses; 8 Alternative models; 9 Conclusions; Notes; Bibliography; Index
Summary
This book critically examines the various approaches of tax systems in the U.K., the U.S., and Israel, in relation of the timing of the recognition of income and expense for tax purposes, and suggests an innovative new model of timing for tax purposes