Author Description

Corporate Income Tax Accounting offers coverage of the following: Accounting for income taxes Accounting for uncertain income tax positions under FASB ASC 740-10 Tax and financial accounting issues affecting multinational enterprises Permanent vs. temporary differences The impact of auditor independence rules on tax services Management assessment and auditor attestation of internal controls Documentation Specific technical taxation issues that commonly arise Attorney-client and related privileges Transfer pricing and permanent establishment matters Tax opinion preparation Negotiating with the outside auditor Preparing for an IRS examination Tax authority Advance Resolution programs The topics addressed in Corporate Income Tax Accounting come alive via illustrations, which have been included throughout the book. The authors have utilized a full range of direct and indirect income tax subjects to illustrate application of the pertinent financial accounting concepts.