What Is Tax Accounting?

Tax accounting is an accounting system for tax planning, tax calculation and tax declaration. Generally, people think that tax accounting is a natural extension of financial accounting and management accounting. The prerequisite for this natural extension is the increasing complexity of tax regulations. In China, due to various reasons, tax accounting in most companies has not really changed from financial accounting. Accounting and management accounting have extended into a relatively independent accounting system.

Tax accountant

(Introduction)

In contrast to financial accounting, with the tax law and legal system as the criterion, and currency as the unit of measurement, the principles and methods of accounting are used.

The basic function of tax accounting is to reflect and supervise the formation, declaration and payment of taxpayers' tax payables. Tax accounting shall record, calculate and summarize the taxpayer's tax liability and its payment situation, and prepare a tax return; tax accounting shall control, inspect and pay taxpayer's tax liability and its payment situation, and punish illegal activities. Corrections and sanctions. This kind of reflection and supervision can only be implemented as a taxpayer.

The accounting practice certificate is an indispensable qualification for accounting personnel to engage in accounting work, and the only valid legal certificate required for personnel engaged in the accounting industry. Is the threshold for accounting personnel to enter the accounting industry. Territorial management is common throughout the country, and the accounting qualification certificate is also a prerequisite for the examination of accounting titles. The accounting practice certificate has now been removed as the entry threshold.

1. Characteristics of tax accounting

Including legality, comprehensiveness, unity, and independence. Legal performance is that tax accounting must be strictly in accordance with

Tax accounting is based on financial accounting. Some basic prerequisites in financial accounting also apply to tax accounting, such as

mainly include

Tax accounting is closely related to financial accounting. Most or basically the accounting principles in financial accounting also apply to tax accounting. However, due to the specific connection between tax accounting and tax law, the principle of actual ability to pay in tax theory and legislation,

Although tax accounting is closely related to financial accounting, there are differences, as shown in the following aspects:

(1. Purpose. Tax accounting is based on the tax legal system and serves national taxation. Financial accounting lies in meeting the country

In order to accurately reflect the various places of the taxpayer in each period

Takeda Masaru , a Japanese tax accounting expert, believes that tax accounting is an accounting set up to calculate taxable income in corporate tax law. It is not a system accounting. It is based on corporate accounting and processes and revises a given mile according to the requirements of tax law. accounting. (<New Introduction to Tax Accounting> Moriyama Bookstore, Japan, 1985)

In Japan, Toshihiro Tomioka believes that tax accounting is based on accounting forecasting methods to determine and calculate the determined taxation standards, thereby praying to convey and measure the purpose and role of financial information for tax purposes. (<Tax Accounting>, Japan, Fortune Publishing House, 1995)

According to Taiwanese tax accounting experts Zhuo Minzhi, Lu Liansheng, and Zhuang Fucheng , tax accountants are based on laws and regulations and accounting technology as tools. They are generally responsible for collecting various transaction activities of enterprises, instigating deductible taxes and unallocated. Social (humanities) science of the legal evidence of surplus calculation, which is sorted, recorded, classified, and summarized, and then settled, tabulated, declared, and paid at the end of the year. (<Tax Accounting>, Taipei Sanmin Bookstore, 1998)

Chen Jianzhao and others in Taiwan believe that tax accounting is a domestic accounting and not an international accounting. Tax accounting is a complete system of corporate accounting theory structure, in the form of overlap, and then injecting its unique calculation method or accounting theory to achieve the purpose of taxation. (<Tax Accounting> Taipei Wensheng Bookstore, 1994)

Gedi et al. Believe that tax accounting is based on the current national tax regulations and uses accounting theories and methods to continuously, systematically and comprehensively form, adjust, calculate and pay taxes, that is, to confirm the tax-related matters of enterprises, A professional accountant who measures, records and reports. (<Tax Accounting and Tax Planning> Renmin University of China Press, 2007)