When the income tax rate changes,the full change in the amount of future liability for income taxes is recognized as a change to income tax expense in the year that the change is enacted.

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This statement is true according to generally accepted accounting principles (GAAP). When there is a change in income tax rate, the impact is recognized as a change to income tax expense in the year that the change is enacted. This is in line with the matching principle, which requires that expenses and revenues be recognized in the period in which they occur. As a result, the change in income tax rate will affect the calculation of income tax expense in the year of the change and in subsequent periods.

When the Income Tax Rate Changes,the Full Change in the Amount