Is it necessary to have income tax expenses if there are profits on the income statement?

The income statement of an enterprise is compiled according to the basic relationship of "income-expense = profit", and its specific content depends on accounting elements such as income, expense and profit and their contents. The items in the income statement are the concrete embodiment of income, expenses and profit elements. From the perspective of reflecting the movement of enterprise operating funds, it is a kind of statement reflecting the dynamic performance of enterprise operating funds, which mainly provides information about enterprise operating results and belongs to dynamic accounting statements.

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Response time: 2021-12-13. Please refer to the latest business changes announced by Ping An Bank in official website.