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                                    Is income tax included in the profit and loss account | 
                            
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Answer»  The profits shown in your profit and loss ACCOUNT are used to CALCULATE both income tax and corporation tax. ... The P&L account takes revenues into account for a specific period. It also RECORDS any expenses or costs incurred by these revenues, such as depreciation and taxeshope it helpsplease MARK my answer as the brainliestthank you  | 
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