Tax reconciliation: Difference between revisions

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imported>Doug Williamson
m (Spacing and wiki numbering 14/8/13)
imported>Doug Williamson
m (Category added 8/10/13)
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* [[Effective tax rate]]
* [[Effective tax rate]]
* [[Reconciliation]]
* [[Reconciliation]]
[[Category:Accounting_and_Reporting]]

Revision as of 08:30, 8 October 2013

Accounting.

A quantified explanation of the difference between:

  1. The reported tax charge (or credit) in financial statements; and
  2. The standard rate of corporation tax applied to the reported accounting profit (or loss).

In this context item 2. above is sometimes known as the 'expected tax charge'.


See also