Research On Impacts Of Real Estate Listed Companies’ Income Taxes By Its Earnings Management

At present, the real estate is a pillar industry of the economy in our country, it has a large contribution to the amount of national tax revenue. Face the high income tax, our country real estate listed companies are fully motivated to take reasonable management ways to evade tax cost, and a reasonable choice is that the way of earnings managements about accounting and taxable income difference. This paper is based on a starting point that analysis of the tax incentives to earnings managements, discusses the overall level of earnings management of listed companies of real estate in our country, and the different ways of earnings management that are studied effects on income tax.This paper analyzes earnings management mechanism of tax avoidance on the based of fraud triangle theory, and also analyzes the mechanism that earnings managements have effects on income tax, emphatically discusses the size of space of tax incentives to earnings management about our country’s real estate listed companies from the angle of accounting and taxable income difference tax. Meanwhile, combination with descriptive analysis of the actual tax burden and panel model of regression analysis about our country real estate listed companies from 2008 to 2013, this paper draws these conclusions:the income tax the actual tax burden of real estate listed company in our country is lower than the nominal tax burden, accounting and taxable income differences lead to the actual tax burden fluctuations; our real estate listed companies use the earnings managements using accounting and taxable income differences of income tax cost motivation is obvious, the actual tax burden is negatively related to the degree of earnings managements; Real estate listed companies are more focusing on the use of investment income, assets depreciation reserves and accumulated depreciation earnings management way to evade tax, exist the phenomenon of the widespread using investment income to direct tax benefits, smooth periods’profits by using asset impairment provision and delayed depreciation sales revenue increase profits.Finally, this paper puts countermeasures and suggestions to suppress the real estate listed company earnings management activities as follows:perfect the coordination mechanism of accounting and taxable income differences, increase the efforts to financial supervision and punishment, strengthen tax adjustment information disclosure work.