Research on Adjustment of Corporate Income Tax

Author: Meng Yan, Wang Surong
Publisher:
Publish Date: 2005-08-01
Features: The separation of accounting objectives and tax law objectives determines that there must be differences between accounting standards, accounting systems, and tax laws. However, there is a lack of theoretical discussion and practical guidance on how to handle these differences. This book aims to guide accounting practice in correctly handling the differences between accounting and tax laws. Therefore, it focuses on explaining the tax adjustments for transactions treated as sales, tax adjustments for investment and research and development expenses, tax adjustments for asset impairment provisions and charitable donations, tax adjustments for non-monetary transactions, tax adjustments for debt restructuring, tax adjustments for related-party transactions, and transfer pricing. Thus, it provides theoretical discussions and practical guidance on tax adjustments for corporate income tax issues.