The Myth of the Matching Principle as a Tax Value
American Journal of Tax Policy, Vol. 15, No. 17, 1998
150 Pages Posted: 29 Jan 2009
Date Written: January 27, 2009
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).
Keywords: matching principle, financial accounting, tax accounting, income taxation, consumption taxation
JEL Classification: H20, H24
Suggested Citation: Suggested Citation