Study On Income Tax Differences Under The New Accounting Standards

With the reform of the market economy system and the constant revision of international accounting standards,the financial department and tax department keep up with the forefront of The Times and constantly revise accounting standards and tax policies and regulations.The two systems of China's accounting standards and tax policies and regulations have experienced complete consistency to remain independent and interrelated.Among them,the difference in taxable income has always been the focus of diverse opinions in the two fields of taxation.The existence of the difference in taxable income has a great impact on the expansion of the difference between taxable income and accounting profit of enterprises,and at the same time makes the tax collection cost of enterprises and tax departments increase and the social efficiency is low.In 2017,the ministry of finance issued CAS 14--revenue,which combined the revenue criterion with the construction contract criterion and modified the recognition and measurement of revenue.The promulgation of CAS 14 expanded the tax difference of revenue,making the negative impact of tax difference more serious.Research on income tax differences can make the connection and separation between accounting standards and tax law more visible,and propose solutions and measures for differences more effectively,so as to enhance tax protection,reduce tax input and improve social efficiency.In this paper,the normative analysis method and deductive method are adopted to analyze and summarize CAS 14 item by item and compare it with the enterprise income tax law.Innovation is the new rule of income and tax policies and regulations for the microscopic analysis,it is concluded that the microscopic difference theory and practice,the old and new development trend of the rule of income difference is expanding,in view of the practical performance division will harmonize and coordinate differences,and to coordinate with an coordinate differences from the system level and business level coordinated measures are put forward.This paper explores the changes in the recognition and measurement of new income,studies the new tax difference caused by CAS 14 from the perspectives of theory and practice,and compares it with the tax difference caused by the old income criterion.It is concluded that there are differences between the new revenue standards and tax policies and regulations in the concept of revenue,recognition principle,recognition time,single performance obligation,contract concept,measurement standard and other aspects,and there are differences in the "9+4" sales methods.In view of the fact that the existing tax policies and regulations still follow the old revenue standards,this paper insists on the two-way coordination between tax law and revenue accounting standards at the institutional level,the preparation of tax information forms of revenue businesses at the practical level,and the strengthening of information management.