Five things economists and lawyers can learn from accountants: an illustration using the domestic production activities deduction.: An article from: National Tax Journal

This digital document is an article from National Tax Journal, published by Thomson Gale on September 1, 2006. The length of the article is 5990 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: This paper is part of the perspectives of three researchers--an economist, an accountant and a lawyer--on tax policy. The domestic production activities deduction in AJCA 2004 provides a specific platform to introduce five concepts from financial accounting that affect tax policy: book income matters; tax rate changes immediately affect earnings; current tax expense does not generally equal taxes paid; accounting mixes different methods and permits management judgment; and consolidation rules differ for book and tax, complicating jurisdictional inferences.

Citation Details
Title: Five things economists and lawyers can learn from accountants: an illustration using the domestic production activities deduction.
Author: Lillian F. Mills
Publication:National Tax Journal (Magazine/Journal)
Date: September 1, 2006
Publisher: Thomson Gale
Volume: 59 Issue: 3 Page: 585(13)

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