Abstract
the article says that the complexity of tax accounting is quite high in the countries with the Anglo-American model, just below the continental one, but there is no leading country in the world where there would be no additional costs for conducting tax accounting. - Rapprochement should start from the moment the asset is capitalized. Thus, the materials can be reflected in accounting, as well as for tax purposes, at actual prices, and not at accounting. - Establish the same methods of writing off each type of property in both types of account-ing. When choosing it is worth considering that a number of methods provided in one account may not be available in the other.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
