Article
The Myth of the Matching Principle as a Tax Value
American Journal of Tax Policy
Document Type
Article
Publication Date
1-1-1998
Keywords
- matching principle,
- GAAP,
- capitalization,
- depreciation
Disciplines
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).
Citation Information
Deborah A. Geier, The Myth of the Matching Principle as a Tax Value, 15 American Journal of Tax Policy 17 (Spring 1998)
Link to a copy on Heinonline, available at your institution, remotely via their proxy server or with password. Synopsized at 47 Canadian Tax Journal 175 (1999).