Proposed statement of position on reporting intercorporate tax allocations;Reporting intercorporate tax allocations; Exposure draft (American Institute of Certified Public Accountants), 1978, Mar. 15

Authors

American Institute of Certified Public Accountants. Accounting Standards Executive Committee

Files

Description

This statement deals with situations in which a parent company joins with one or more of its subsidiaries in filing a consolidated income tax return and, because of minority shareholder interests, credit evaluations, or other reasons, the parent or one or more subsidiaries prepares separate financial statements of the parent or a subsidiary involves "intercorporate income tax allocation"--an allocation of the provision for income taxes reported in the consolidated financial statements.

Publication Date

1978

Relational Format

Book

Keywords

Corporations -- Taxation -- United States; Tax accounting -- United States; Income tax -- United States -- Accounting

Disciplines

Accounting | Taxation

Comments

Originally published by: American Institute of Certified Public Accountants; Copyright and permission to reprint held by: American Institute of Certified Public Accountants.

Recommended Citation

American Institute of Certified Public Accountants. Accounting Standards Executive Committee, "Proposed statement of position on reporting intercorporate tax allocations;Reporting intercorporate tax allocations; Exposure draft (American Institute of Certified Public Accountants), 1978, Mar. 15" (1978). Exposure Drafts, Comment Letters, and Statements of Position. 392.
https://egrove.olemiss.edu/aicpa_sop/392