[PDF.46qv] The Timing of Income Recognition in Tax Law and the Time Value of Money

Time itself creates advantages and disadvantages in the field of taxation. The timing of the recognition of income and expenses for tax purposes has two main implications: firstly, for the timing of the collection of tax, and secondly, for the question of quantification, i.e., how to ensure that the difference between the timing of the recognition of income or expenses, as opposed to the respective dates on which the amounts are actually received or paid, does not dis...

You can specify the type of files you want, for your device.The Timing of Income Recognition in Tax Law and the Time Value of Money   |  Moshe Shekel. A good, fresh read, highly recommended.