What is an Income Tax Audit?

Income tax audit refers to the taxation audit of the profits of enterprises. The main contents of the audit are: (1) to check whether the calculation of taxable income is correct, whether the items constituting the income are true, compliant, and legal; (2) whether the standards for corporate division are compliant, and whether the tax rates used are appropriate, Whether the tax rate is used incorrectly; (3) Whether the calculation of the income claim is true. Are there any miscalculations or omissions: (1) whether the li1i period of tax deductions and exemptions is in line with relevant national co-determinations; whether the calculation of tax deductions and exemptions is correct, and whether there is any fraud; (5) whether the company has paid taxes in full and on time, Whether there is any overdue payment, withholding or misappropriation of taxes: (6) Whether the accounting treatment of income tax accounting is correct. The characteristics and functions of income tax audits are: (1) legally fixing the distribution relationship of state j enterprises; ensuring a steady increase in fiscal revenue; (2) changing the past formula-based treasury unit to an independent accounting company for payment Treasury units have avoided the internal disadvantages of the system. Eating the "big pot of rice"; (3) After the tax is retained, the enterprise has its own control. It has expanded: industry autonomy; (4) the profit level of different state-owned enterprises. Facilitate competition between enterprises. ^[1]