Tax accounting

Author: Lin Shiyi
Publisher:
Publish Date: 2003-07-01
Features: Tax accounting is an important branch of accounting. It is an interdisciplinary field that involves knowledge from accounting, taxation, and IT network economics, specializing in the confirmation, measurement, and reporting of tax information, as well as the planning and management of tax funds. Tax accounting is neither entirely equivalent to financial accounting nor to national taxation and international taxation; rather, it is a certain degree of integration between financial accounting and taxation. In the future IT era, some predict that "pure" financial accounting will eventually "disappear," while a new concept of tax accounting information systems, including the confirmation and measurement of tax information, tax planning, and tax reporting, may be one of its possible development directions.