intraperiod tax allocation

intraperiod tax allocation definition - business

intraperiod tax allocation

Distributing a period's total tax expense or benefit among components of total income. For example, a firm allocates total tax expense among continuing operations, discontinued operations, and extraordinary gains.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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