 Accounting Profit/Loss and Tax BaseÚčetní výsledek hospodaření a základ daněČeský finanční a účetní časopis, 2008, vol. 2008, issue 2, 91-95 Abstract: The question of what would happen to the discounted tax burden of Austrian enterprises if IFRS were used as the relevant basis for taxation has been tested in three scenarios. Research has shown, that the effect on the discounted tax burden is small, and could be arguing that IFRS prove to be a suitable basis for taxation. In spite of this conclusion the authors do not support this view. However the experience from the Czech Republic shows great differences between profit according to IFRS and according to the Czech Accounting Rules. IFRS are not only unsuitable for taxation, but tax base determination would be independent on any accounting rules. Keywords: International Accounting Standards (IAS); International Financial Reporting Standards (IFRS); Tax base; Tax burden; Mezinárodní účetní standardy (IAS); Mezinárodní standardy účetního výkaznictví (IFRS); Základ daně; Daňové zatížení (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlcfu:v:2008:y:2008:i:2:id:274:p:91-95 Ordering information: This journal article can be ordered from DOI: 10.18267/j.cfuc.274 Access Statistics for this article Český finanční a účetní časopis is currently edited by Karel Brůna More articles in Český finanční a účetní časopis from Prague University of Economics and Business Contact information at EDIRC. |
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