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In the income statement, there are two parts for expenses (operating expenses and non-operating expenses)...
Is "income tax expense" operating or non-operating expense?

2007-09-30 10:09:33 · 2 answers · asked by Anonymous in Business & Finance Other - Business & Finance

2 answers

Income tax needs to be disclosed in both sections so that users can see the income tax attributed to operating activities and tax attributed to non-operating activities, if any.

2007-09-30 18:03:44 · answer #1 · answered by Sandy 7 · 0 0

income tax expense is non - operating expense

2007-10-01 14:16:10 · answer #2 · answered by Dsalah s 3 · 0 0

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