Abstract
Many problems of taxation are caused by the differences between tax accounting principles and generally accepted accounting principles. Despite years of extensive litigation, the question of the timing of income or deductions is difficult to determine. Usually no additional revenue is realized by these conflicts in principles; they merely cause a shift of revenue between the years.
Recommended Citation
Note, Some Notes on Comparing Tax Accounting and General Accounting, 2 Clev.-Marshall L. Rev. 173 (1953)