对新所得税会计准则的几点看法（Some views on the new income tax accounting standards）

1、对新所得税会计准则的几点看法（Some views on the new income tax accounting standards）Some views on the new income tax accounting standardsOn the new income tax accounting standard views 2008-12-20 15:11:26In August 12, 2005 the Ministry of Finance released the Enterprise Accounting Standards No. x * - income tax (D

2、raft) (hereinafter referred to as the new standard), and the enterprise currently applicable accounting treatment of corporate income tax provisional regulations (94 accounting No. twenty-fifth) and the 1995 enterprise accounting standards of income tax accounting (Draft) (hereinafter referred to as

3、 the two old standard), there is a big difference. The author will be based on the comparison and analysis of the new criteria of hidden problems, and make recommendations accordingly.The comparison of the new and old standardsThe new criterion mainly in the method of income tax accounting and the d

4、isclosure of relevant information and other aspects of the specification, compared with the old accounting standards, from the original focus on the income statement to shift the focus to the balance sheet as a center of gravity, so that the new guidelines in terms of tax difference, the method of a

5、ccounting changes.1. different taxThe new guidelines to the balance sheet accounting center, part of the source to confirm the difference of tax accounting standards and tax assets or liabilities amount is not consistent. The introduction of new standards, tax basis of assets and liabilities of the

6、tax base of the concept, and on the basis of introducing the concept of temporary differences, the book value of the balance sheet of an asset or liability in accordance with the provisions of the tax law and the difference between the assets or liabilities of the tax base. Such as: the current asse

7、ts included in the book value of 100 yuan accounts receivable, the related revenue has already been included in taxable profit, the accounts receivable do not need to pay taxes, the tax base of accounts receivable is the book value of 100 yuan, the temporary difference between two to 0. for the curr

8、ent liabilities of including the book value of 100 yuan in interest income, due to the provisions of the tax law related interest income was taxed on a cash basis, the tax base of unearned interest income is 0, temporary differences between two to 100.The old rules to the income statement for the ta

9、x accounting center, due to differences in accounting standards and tax confirmation of income and expense and measurement in diameter and time inconsistency, will be determined according to the accounting standards and accounting profit before tax according to the tax law shall be determined betwee

10、n the taxable income of the difference between permanent difference and timing difference. Permanent differences in the current period, after each period is not reversed, such as the enterprises super standard hospitality business and public welfare relief donations; time difference occurs in a cert

11、ain period of time, but after a certain period of time or can be reversed, such as the depreciation of fixed assets and advertising fees.2. of the income tax accounting method is differentThe new standards require enterprises to adopt debt method of balance sheet. The income tax accounting across ac

12、counting periods: on the balance sheet date, the enterprise according to the provisions of the tax law to adjust the accounting profit before tax, in accordance with the adjusted taxable income should pay income tax; then calculate the deferred income tax assets and deferred tax liabilities accordin

13、g to the temporary differences of assets or liabilities and book value tax tax basis determined; finally through the method of rolling down to calculate the income tax expenses. The formula is: the current income tax expenses = current taxable income * tax rate + (the end of the deferred income tax

14、liabilities Deferred tax liabilities: at the beginning of the period) - (end of deferred income tax assets - at the beginning of the period of deferred income tax assets).The enterprise can use the old standard tax payable method, you can also use the tax effect accounting method in the income state

15、ment liability method deferred method or. The tax payable method does not require the income tax accounting across accounting periods, also do not confirm the influence of time difference on the future income tax, but the difference between the pre tax accounting profit and taxable income caused by

16、the impact of the amount of tax directly included in the current profits and losses, and not deferred to future periods, the current income tax the cost is equal to the current income tax payable. The deferred method or the income statement liability method also requires income tax accounting across

17、 accounting periods.But in accounting, the current income tax expenses according to the pre tax accounting profit, then according to the amount of taxable income shall be determined according to the income tax payable, income tax expenses and current tax payable of the poor, the rolling down period

18、of deferred tax.3. income tax expense and income tax payable balance the meaning of differentThe new standards will be income tax expense and income tax payable is recognised as deferred income tax liabilities or assets. Because the book value and tax base generated temporary differences in the asse

19、ts and liabilities of the difference, from the balance sheet, so according to the calculation of deferred tax liabilities and assets must accord with the definition of assets and liabilities.Differences in the use of tax payable method when the old criteria do not confirm the income tax expense and

20、income tax payable. Use the deferred method or the income statement liability method, although the income tax expense and income tax payable is recognised as deferred tax deferred taxes, but the project comes from the income statement, just a pure deferred items, neither assets nor liabilities, some

21、 called the project with the name.As reported in the financial statements of the 4. items of income tax and the disclosure of the contents of differentA balance sheet is different from other assets and liabilities shown separately, the new criterion is deferred income tax assets and deferred income

22、tax liabilities; the old criterion is deferred tax, and in the deferred tax under the deferred tax debit or deferred tax credit project, reflect the enterprise the final yet turn sold deferred tax debit or credit balance. Two is the enterprise in the income statement income tax expenses, the new cri

23、terion including the current income tax expense and deferred tax expense; the old criteria include only this period of corporate income tax expense. The three is in the notes to the financial statements, the main part of the income tax expenses and included in equity items related to the current and

24、 deferred income tax amount of the project report disclosed separately, the contents of the new accounting standards and disclosure, more detailed, complete and standard.Analysis and suggestions to the new accounting standardsAlthough the new guidelines can better integrate with the international ac

25、counting standards, fairly and objectively reflect the income tax assets and liabilities, but with Chinas actual situation, the author thinks that the new standards there exist some problems in the accounting treatment of tax difference, income tax.1. tax differencesAlthough the temporary difference

26、 includes not only the time difference of all, including the differences of other causes of tax base and the book value caused by different. Such as: asset revaluation; enterprise merger goodwill or negative goodwill; differences in subsidiaries, branches and joint venture investment or joint ventur

27、e in the rights and interests of the. But it does not fully reflect the difference between the income tax law and accounting standards, it is unable to reflect some differences, such as tax and accounting calculation of different caliber exist some differences (hospitality business, public welfare r

28、elief donation etc.). In addition, the benefits of corporate debt restructuring, accounting standards require the direct increase in owners equity, and income tax law requirements included in the payment of income tax revenue; tax provisions of the new products, new technology, new technology resear

29、ch and development expenses to implement additional deduction encouragement policy, the new criterion has not made provisions.The author thinks, should look for temporary differences may result in gaps, and made detailed provisions in the new standards.2. of the income tax accounting methodCompared

30、with the tax payable method, the balance sheet liability method can overcome completely inconsistent with the accrual principle and the matching principle, easy to cause the enterprise net profit after tax of each fluctuation, so it can not meet the disadvantages of tax accounting requirements of en

31、terprise income; deferred method, compared with the income statement liability method and balance sheet liability method definition of deferred tax assets and liabilities are more in line with the standard of deferred tax liabilities or assets to better cope with the future that enterprises (receiva

32、ble) debt or assets, so that the balance sheet can more accurately reflect the true financial situation of enterprises at any point in time,To improve the quality and usefulness of accounting information.Although compared with the current income tax accounting method, the balance sheet debt method h

33、as obvious advantages. But if the direct transition, and direct implementation in all types of enterprises, the author thinks that the conditions are not ripe.First of all, the difference between tax law and accounting standards for the size of income tax accounting method choice effect. At present,

34、 Chinas small and medium-sized enterprises and various large and medium-sized enterprises for financial accounting system. Small business is the small business accounting system), differences in income tax law and accounting system of small enterprises, accounting information requirements of users i

35、s relatively low; for the enterprise accounting system in large and medium-sized enterprises, differences in income tax law and accounting system is quite large, resulting in a large number of tax adjustments, and tax adjustment method a class of items are not exactly the same information, user requ

36、irements for income tax accounting information of listed companies is relatively high, even more so. Therefore, selection of the income tax accounting treatment methods of different enterprises must be different.Secondly, the accounting personnels business level also has an important influence on th

37、e income tax accounting method selection and implementation. The selection and implementation of the balance sheet debt method of accounting personnel is quite high, especially in the occupation judgment and information disclosure etc. The new accounting method of the implementation of accounting pe

38、rsonnel familiar with the previous set of accounting differences, from the accounting center to tax accounting methods to re recognize fundamentally, accounting personnel cant adapt to the drastic change in a relatively short period of time. Especially in the current high level of education and prof

39、essional accounting personnel of our country is relatively low, the income tax accounting method to understand and master is very familiar with the situation, it is more difficult to implement directly.The author believes that in the current implementation of the balance sheet debt method is not mat

40、ure, should learn from Britain, Germany and other countries experience, the use of dual track transition, namely the design methods of accounting treatment of two kinds of income tax, which are suitable for small and medium-sized enterprises and large and medium sized enterprises. For small and medi

41、um enterprises, because it is the accounting treatment of tax law oriented, can allow it to continue to use the original tax payable method; for large and medium enterprises, enterprises may require the first separation of financial accounting and tax accounting, accounting methods can still in the income statement debt method as the standard, after a certain period of time to adapt. When conditions and the transition to