In the Netherlands accounting and taxation are formally independent, 'both in individual accounts and in group accounts. Both accounting and tax regulation leaves room for much flexibility. The regulation regarding accounting for deferred taxation is in conformity with IASC E49, except for the...

This overview article describes the relationship between accounting and taxation in those thirteen European countries that are included in this volume. A basic distinction is made between the six countries where accounting and taxation are dependent and the seven countries where they are...