The Myth of the Matching Principle as a Tax Value

Authors

Deborah A. Geier, Cleveland State UniversityFollow

Document Type

Article

Publication Date

1998

Publication Title

American Journal of Tax Policy

Keywords

matching principle, GAAP, capitalization, depreciation

Abstract

This 1998 article explores why the "matching principle" in financial accounting should be considered irrelevant to federal income taxation, where its application can result effectively in consumption taxation (as opposed to income taxation).

Comments

Link to a copy on Heinonline, available at your institution, remotely via their proxy server or with password. Synopsized at 47 Canadian Tax Journal 175 (1999).

Repository Citation

Deborah A. Geier, The Myth of the Matching Principle as a Tax Value, 15 American Journal of Tax Policy 17 (Spring 1998)