What Is The Basis Of Tax Liabilities?

The tax basis of liabilities refers to the book value of liabilities minus the amount that can be deducted according to the tax law when calculating taxable income in the future period.

Note:

(1)

In accordance with the accounting standards for Enterprises No. thirteenth - contingencies, enterprises shall recognize the expenses incurred in the sale of services as recognized in the current sales period and confirm the estimated liabilities.

If the tax law stipulates that the expenses related to the sale of products should be deducted before tax occurs.

The estimated tax liabilities arising from such items at the end of the term are the difference between the book value and the pre tax deductible amount in the future period, because the related expenses actually deduct in full before tax actually occurs, and the tax base is 0.

A company's 20 - 8 years' sales guarantee has provided 3 years of warranty service. The sales price of 8000000 yuan has been confirmed in the current income statement. It is also recognized as an estimated liability. When the warranty expense is 2000000 yuan, the final balance of the estimated liabilities is 6000000 yuan.

Suppose that the tax law stipulates that the expenses related to the after-sale service will be deducted before tax actually occurs.

The estimated liabilities were $6000000 in the 20 * 8 December 31st of a company.

The tax base of the projected liability is book value - the amount deductible in accordance with the tax law in the calculation of taxable income in the future period =6 000 000-6 000 000=0 (yuan).

(two) advance accounts receivable

Note: only the real estate industry pays the income tax.

When an enterprise receives the advance payment from the customer, it will be recognized as a liability because it does not conform to the conditions of income recognition.

The recognition principle of income tax is generally the same as accounting regulations. When the income is not recognized in accounting, the taxable income is generally not included in the taxable income. The amount of the economic benefits that can be deducted before tax in the future period is 0, and the tax base is equal to the book value.

If it does not conform to the income recognition conditions stipulated in the accounting standards, but the tax base for the accounts receivable should be 0 according to the tax law, the tax base for the accounts receivable should be about $0, that is, the amount of taxable income already generated when it is generated, and the tax deduction can be deducted in full in the future period. The tax base is deducted from the book value, which can be deducted in full amount in the future period, that is, the tax base is based on the book value.

(three) pay for staff and workers

The accounting standard stipulates that all forms of remuneration and other related expenses paid by the enterprise for the services provided by the employees shall be taken as the costs and expenses of the enterprises, and shall be recognized as liabilities before payment is made.

(four) other liabilities.