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Why is corporation tax paid during the year is not an expense?

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Question added by JULIUS MURE MWARO , ACCOUNTANT , said abeid said & co.
Date Posted: 2015/10/28
Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

if you do so then a net income will not be correct. because tax is calculated on the net income.

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