Tax Accounting (Third Edition)

Author: Gai Di
Publisher:
Publish Date: 2005-09-14
Features: The second edition of this book was published and distributed in 2003, and by August 2004, it had been printed 12 times. Readers may notice that we made modifications and adjustments based on new regulatory changes during each printing, with some changes being minor and others being more substantial. Only continuous updates can adapt to the ever-changing environment, as "change is the only constant." For the third edition, the main changes include:
To adapt to the changes in the general VAT taxpayer declaration method (with changes to the declaration form and its supplementary materials), this revision replaces the old form with a new one (using actual tax filing data from a company) and provides updated instructions for filling it out. Additionally, the basic content of the Provisions on Expanding VAT Deductions in Northeast China (No. 156 of the Ministry of Finance and State Administration of Taxation, issued on September 14, 2004) is incorporated into this book, as it serves as a prelude to China's VAT reform.
To align with the Enterprise Accounting System, the annual tax declaration form for foreign-invested enterprises was revised in 2003. This edition replaces the old form with actual tax filing data from a foreign-invested enterprise for the year 2003 and updates the declaration form accordingly. Furthermore, based on the Interpretation of Issues Regarding the Implementation of the Enterprise Accounting System and Related Accounting Standards (No. 29 of the Ministry of Finance and State Administration of Taxation, issued on October 20, 2003) and the Notice on Tax Issues to Be Clarified in the Implementation of the Enterprise Accounting System (No. 45 of the State Administration of Taxation, issued on April 24, 2003), this revision adds more tax-related accounting treatment topics, such as tax-deductible donations, accepting donations, asset impairment, and long-term equity investments, in the section on income tax accounting.
Given that agricultural taxes are about to be fully abolished and specialty taxes are negligible, the original book's "Chapter 11: Accounting for Agricultural Taxes, Pastoral Taxes, and Specialty Agricultural Taxes" has been removed. The chapter on "Tax Planning" has been expanded from six to eight sections, enriching the content on the principles of tax planning. Additionally, some other modifications and adjustments have been made.
Since its first publication in October 1996 (the original title was Enterprise Tax Accounting), this book has evolved from immature to increasingly mature, which is inseparable from the care and support of the readers. Here, I once again express my heartfelt gratitude. At the same time, I sincerely appreciate Mr. Zhang Linyuan, the book's editor-in-chief, for his years of hard work on this book. I also thank my parents and my teacher, Professor Guan Jinkang, as without them, I would have nothing. I deeply love them!