Income tax expense per books is based on book income adjusted for all book/tax differences.

Name: Income tax expense per books is based on book income adjusted for all book/tax differences.
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Quizplus · Accepted Answer

Income tax expense per books is primarily based on book income before taxes, but it is not adjusted for all book/tax differences; rather, it is calculated according to accounting principles, and then certain temporary differences are reconciled with tax returns.

Income Tax Expense Per Books Is Based on Book Income