In recent years, many businesses wish to adjust their accounting according to taxes to avoid discrepancies and to avoid the hassle of having to finalize the final year corporate income tax finalization.
This situation is more common in small businesses where the system and personnel of accounting are still limited. Temporarily deductible differences can create a deferred tax asset, but on prudent accounting principles, deferred tax assets are only recognized when the future taxable interest is sufficient. Large compared to deferred taxes used for deduction.
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