Post by Sapphire Capital on Feb 11, 2009 8:21:53 GMT 4
The Myth of the Matching Principle as a Tax Value
Deborah A. Geier
Cleveland-Marshall College of Law, Cleveland State University
American Journal of Tax Policy, Vol. 15, No. 17, 1998
Cleveland-Marshall Legal Studies Paper No. 1333807
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).
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1333807_code103428.pdf?abstractid=1333807&mirid=1
Deborah A. Geier
Cleveland-Marshall College of Law, Cleveland State University
American Journal of Tax Policy, Vol. 15, No. 17, 1998
Cleveland-Marshall Legal Studies Paper No. 1333807
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).
papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID1333807_code103428.pdf?abstractid=1333807&mirid=1