A Study On The Tax Difference Of Online Game Enterprises Under The New Income Standard

Since the promulgation of the new revenue standards in 2017,the policy needs to be formally implemented in January 2020.In the past four years,the practical community has carried out many practices on the issue of income confirmation and measurement,and the Accounting Department has issued many application guidance cases.The continuous advancement of the new income standards makes taxpayers full of confusion when they fill out corporate income tax returns and face various adjustments.For this reason,for the taxation differences caused by these adjustments,the practitioners have made a certain breakdown of various differences: differences in the timing of revenue recognition,differences in transaction prices,and differences in specific transactions.The taxation differences of the first two are more thorough,but the differences of specific transactions are very vague.It is precisely because of the passive disadvantages of the taxation legal system and the inconsistency of the implementation of the standards in various industries,this reflects the necessity of studying the differences in the taxation of the new income standards.The research subject used in this article is an IT technology company-Net Ease Game Company.Due to its diverse business types and large scale of business,it will lead to different income recognition methods in various situations,so the taxation difference analysis of special transactions It seems more targeted.Chapter 2 first introduces the five-step model of revenue recognition,and compares and analyzes the similarities and differences between the old and new standards.Then the related theories of taxation differences were introduced,mainly including: the concept of taxation differences,and the related differences of income(from the perspective of taxation)recognition.Finally,Chapter 2 introduces the theoretical basis of this article.Chapter 3 introduces the basic situation of Net Ease Game Company,including:shareholding structure,three-year operating performance status,revenue recognition principles for specific transactions,sources of revenue,and revenue recognition principles based on specific businesses.The new standards apply to Netease game companies.A concrete manifestation of the differences in taxation and the impact of the use of new standards on the company ’ s operating performance.Chapter 4introduces: the timing of revenue recognition,the apportionment of transaction prices,and the analysis of specific business tax differences in revenue recognition,and the analysis of factors and difficulties that need to be considered in the process of tax difference recognition.This chapter combines The mathematical model and the form of derivation and verification are analyzed,and the various situations of the company are analyzed one by one.Chapter 5 straightens out the problems faced by the differences in tax accounting,and finally puts forward some specific solutions and obtains some enlightenment.By analyzing the differences in taxation in various situations,it will be a reference for companies when filling in various adjustment items in the corporate income tax return.