Study On Company Income Taxes Accounting

Accounting stemed from society production. During the course of society production development, we should affirm, record, calculate, analyze and contrast the expense and the income of labor. Modem income tax originated from the later period of Napoleon warfare. In 1973, France adopted the finance measure, which was suitable for the situation of that time, and put into practice the comprehensive income taxes. Until 1842, the long-term and effective tax law of Great Britain was put into effect. Income taxes accounting emerged under the mutual effect between accounting theory and modern income taxes.Nowadays, income taxes accounting is severing from finance accounting step by step and coming into being an independent subject system. The research of income taxes accounting in our country is later for half a century by America. There are a lot of imperfection no matter in theory or in practice. After acceding to WTO, accounting will show no difference to international practice firstly. So we must analyze and explore income taxes accounting regularly.The kernel question of the income taxes accounting research is how to select and apply the different method. So far, seen from the whole world, there is not a unified standard about the question. America, Australia, Italy, Germany, Holland and England put debt method into effect. Canada employs deferred method. International Accounting Principles adopts the accepted deferred method. France and Japan adopt the debt method or the deferred method of consolidated financial statement. On the practice of debt method, the majority countries adopt debt method of balance sheet.First, this article will summarize the theory question of income taxes accounting. In view of the frame of American income taxes accounting, the author will put forward a tentative plan of the frame which is fit to the condition of our country. Then, by the theory and the contrast analysis, uniting the accounting circumstance and the law environment, the system investigation from 855 company Inc., from the theory research to the specific operation, the writer draws a conclusion that the deferred method is the most suitable method for us to use. Last, the authoralso presents a lot of specific questions about the field of China income taxes accounting. How to result these questions? How to result the questions existing in accounting criterion especially? In order to perfect the unity of tax law and accounting, the building of accounting criterion, the author will put forward some corresponding tactics one by one, and wait for link income taxes accounting of our country with the international usual practice at a early date .Because of the restriction of time and ability, there are some unsettled questions in the research of income taxes accounting. For instance, whether we can unify the Accrual-basis accounting and Cash-basis accounting in the income taxes accounting or not? For this question, there is a dispute for a long time. So, we will make a further research in the future .