Accountingforcompanyincometax幻灯片.pptVIP

Chapter 6 Accounting for company income tax Prepared by Emma Holmes;Accounting income vs tax treatments; Accounting income vs tax treatments;Accounting income vs tax treatments;Accounting for income taxes – general principles;Calculation of current tax liability;Calculation of current tax liability - example;Calculation of current tax - example;Recording current tax liability;Deferred tax liabilities and assets;Calculating the tax base – examples;Excluded taxable temporary differences;Recognition of DTLs and DTAs;Deferred tax assets and liabilities;Calculation of deferred taxexample;Calculation of deferred taxexample;Calculation of deferred taxexample;Calculation of deferred taxexample;Calculation of deferred tax example;Offsetting tax assets and liabilities;Change in tax rates;Tax Losses;Tax Losses;Disclosure;Payment of income tax