Textbook Notes (369,205)
Canada (162,462)
York University (12,903)
ADMS 3520 (42)


4 Pages

Administrative Studies
Course Code
ADMS 3520
Hernan Humana

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Calculation of Net Income for Tax PurposesAll corporations have a financial statement prepared for accounting purposes using Generally Accepted Accounting PrinciplesThis accounting statement must be adjusted to be in accordance with income tax rulesThis is adjusted as followsNet Income per Accounting StatementAddNondeductible expensesAddAdditional taxable incomeDeductAdditional taxdeductible expensesDeductAccounting Income which is not taxable Net Income for Tax Purposes
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