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Is Intraperiod tax allocations a Permanent Difference or temporary Difference?
Wiki User
∙ 14y ago
When we talk about Permenent difference or temporary difference, we actually mean Interperiod Tax allocation.
Intraperiod tax allocation involves apportionning the total tax provision for financial accounting purpose in a period between the income or loss from:
Income frm continuing operation, Discontinued operations, Extraordinary items, Cumulative effect of accounting change, and other comprehensive income.
Wiki User
∙ 14y ago
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