1st Edition
The Timing of Income Recognition in Tax Law and the Time Value of Money
1. Introduction 2. Accounting Background 3. Tax Values 4. Between GAAP and Fiscal Accounting 5. Timing of Recognition of Income from Deposits 6. Timing of Recognition of Income from Advances 7. Timing of the Deduction of Future Expenses 8. Alternative Models
Biography
Dr Moshe Shekel is the founder and senior partner of Shekel and Co. Law
Associates, and also a Lecturer at Tel Aviv University, Israel.
'Moshe Shekel has produced a prodigious piece of work on timing, the result of a major research project ... Few American practitioners, even in down economic times, can afford the time to write a comprehensive, comparative study, systematically pulling together the doctrine and the controversies about doctrine in three sophisticated jurisdictions – the United States, the United Kingdom, and Israel. But that comprehensive, comparative work is exactly what Shekel has given us.' – Erik M. Jensen, Columbia Journal of Tax Law, Vol. 1:262, 2010
"Overall, the book is a truly scholarly piece about the theory and practice of taxable income recognition. ... Thanks to Dr Shekel, the reader ends up attaining a better grasp of the corporate taxing environments in these countries." - Volkan Muslu, European Accounting Review, 2011
