The Research On Income Tax Accounting And Taxable Adjustment

The purpose of the paper is to illustrate the advantage of new Income tax accountingprinciple by means of comparing different Income tax accounting police. In addition,to calculate the difference between nominal tax rate and real tax rate , meanwhile tostudy the reasons of it.The paper is consist of three parts, namely the theory of Income tax accounting, thepractice of Income tax accounting and the study of Income tax statisticsThe theory of Income tax accounting includes there points . First , introducing theorigin and development of Income tax accounting . Meanwhile , explaining thereasons why the seperation of Tax law and accounting is necessary and the means tominimize the difference. Second , pointing out the important idea of the paper thatIncome tax accounting is the combination of Finacial accounting and Tax accounting .Based on the definition of temporary difference and timing difference , the papercompares several Income tax police , and emphysize the advantage of balance sheetliability method.The practice of Income tax mainly focus on foreign practical experience of balancesheet liability method.The third part of the paper contains a series of income tax data according to differentindustries. It studies the relationship between profit and taxable income, in addition,the difference between real tax rate and nominal rate. Further more , it explain thereasons and predict the tendency in the condition of newly published accountingprinciple.