ПОДАТКОВИЙ І БУХГАЛТЕРСЬКИЙ ОБЛІК: СПІЛЬНІ РИСИ І ВІДМІННОСТІ

Abstract

In the current economic environment, both in Ukraine and in foreign countries, the issue of tax accounting is becoming increasingly acute. This is primarily due to the growing requirements of tax administrations both to the quality of tax reporting and to the growing requirements for real-time control and business operations of enterprises. At the legislative level, the concept of tax accounting and its principles are not clearly defined. On the other hand, the requirements for the preparation of tax reporting are clearly regulated. At the moment, there is a debate and controversy among scientists regarding tax accounting, some scientists consider tax accounting as a part of bookkeeping, while others argue that tax accounting has enough characteristics and features to be independent and go hand in hand with bookkeeping. The article analyses approaches and interpretations to the concept of "tax accounting" by various scholars, summarises and offers an interpretation of tax accounting. The paper conducts a comparative analysis of tax accounting and bookkeeping, identifies common and distinctive features. In particular, the primary source of information in both accounting is primary documents, which are the main information base on which certain transactions are recorded and which underlies the preparation of both tax and financial statements. To record business transactions, double entry is used in bookkeeping and tax accounting, and appropriate accounts are allocated for tax payments in the chart of accounts. The result of bookkeeping and tax accounting is reporting, in the first case financial and in the second case tax. The requirements for financial and tax reporting are regulated by different regulatory documents, and there is a difference between bookkeeping and tax accounting in the treatment of certain business transactions, in particular, the date of the VAT liability. The main users of tax reporting as a result of tax accounting are the state tax administration authorities, but there is a tendency that company officials use tax reporting along with financial reporting for the purpose of effective tax planning as one of the elements of the overall planning of the company's development. The publication examines the basic principles of bookkeeping in the context of their applicability to tax accounting, where they are more applicable, except for the accrual basis. It summarises the importance of tax accounting as a subject that requires more detailed research.