Publication: Aspects regarding the accounting and tax features of corporate tax – IAS 12
Date
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Volume Title
Publisher
ASEM
Abstract
Description
GROSU, Veronica, UNGUREAN, Ana, IAȚCU, Camelia. Aspects regarding the accounting and tax features of corporate tax – IAS 12. In: Prospects of accounting development: the young researcher's view [online]: international scientific student conference, November 22, 2017: Collection of articles. Chişinău: ASEM, 2018, pp. 92-98. ISBN 978-9975-75-895-6.
The purpose of this paper is to analyze the turnover of large companies in Romania as compared to autohtone companies, as well as the accounting and tax peculiarities regarding the profit tax in terms of the IAS 12 standard, but also by the national accounting and fiscal legislation. The International Accounting Standard IAS 12, in addition to the issue of corporate tax, also seeks to analyze the deferred tax assets and liabilities. We will also highlight key concepts and show why large companies have fiscal paradises. JEL: M 41
The purpose of this paper is to analyze the turnover of large companies in Romania as compared to autohtone companies, as well as the accounting and tax peculiarities regarding the profit tax in terms of the IAS 12 standard, but also by the national accounting and fiscal legislation. The International Accounting Standard IAS 12, in addition to the issue of corporate tax, also seeks to analyze the deferred tax assets and liabilities. We will also highlight key concepts and show why large companies have fiscal paradises. JEL: M 41
Keywords
corporate income tax, IAS 12, taxe code, offshore, turnover, profit