Accounting for taxation on corporation - a new perspective

Barjoyai Bardai, (1982) Accounting for taxation on corporation - a new perspective. Jurnal Pengurusan, 1 . pp. 18-24. ISSN 0127-2713


Official URL:


The accounting treatment of corporate income taxes on corporation should reflect the system of corporate taxation used in the country. This is to ensure that the accounts would provide the fullest information possible. Advanced corporation tax shows the potential credit to be used for paying dividends. It is a receivable amount to the shareholders. Showing it as an asset in the financial statement will provide better information about the financial position of the corporation. It will however violate the basic principle of seperate legal entity in accounting. It is thought that information about the total amount of available credit should be disclosed in the financial statement, at least in the form of notes to the accounts.

Item Type:Article
Journal:Jurnal Pengurusan
ID Code:7890
Deposited By: stud01
Deposited On:08 Nov 2014 06:19
Last Modified:14 Dec 2016 06:45

Repository Staff Only: item control page