The allocation of income tax expense across periods when book and tax income differ is called

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Interperiod tax allocation is the process of allocating income tax expense across various periods when book and tax income differ. This is done to ensure that the financial statements reflect the true tax liability of the company and to avoid misstatements in financial reporting. Intraperiod tax allocation, on the other hand, deals with the allocation of income tax expense or benefit within a single accounting period, while current income tax allocation refers to the recognition of income taxes currently payable or receivable. Constructive receipt allocation is not a term commonly used in tax accounting.

The Allocation of Income Tax Expense Across Periods When Book