An Introduction to Tax Accounting – Guest Editor's Foreword

Recently, the importance of tax accounting has increased significantly. This is a result of developments in corporate governance, such as the Sarbanes-Oxley Act of 2002. Companies must spend more resources in this area and must align these resources to ensure that both tax expertise and accounting expertise work together seamlessly. This introduction to the Special Issue of European Taxation addresses the main developments and how tax accounting fits within the overall tax function.