The Influence of IASIFRS on the CCTB Tax Accounting Disclosure and Corporate Law Accounting Concepts

Depending on the goals to be achieved, there are many ways to calculate a company’s profits. This is to a great extent due to the different aims of financial and tax accounting. Financial accounting is undergoing a growing influence of IAS/IFRS. IFRS is also exerting a growing influence on tax accounting. This is especially visible in the European development of a Common Consolidated Corporate Tax Base (CCCTB) for multinational corporate entities. Although no formal link exists between IAS/IFRS and CCCTB, IFRS will likely be a strong material influence on various key elements of the CCCTB. Many tax professionals (and Member States) fear the influence of IAS/IFRS on tax accounting mainly given the divergent aims of IAS/IFRS and tax accountin

Want more deals from

Then visit Savintle for millions of coupons and deals.

Navigation

Categories

The Influence of IASIFRS on the CCTB Tax Accounting Disclosure and Corporate Law Accounting Concepts

Share

Similar Offers

MORE SAVINGS with VitalSour...

15% off Online practice exa...

Follow Us