Accounting for taxation on corporation - a new perspective
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 divid...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
1982
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| Online Access: | http://journalarticle.ukm.my/7890/ http://journalarticle.ukm.my/7890/ http://journalarticle.ukm.my/7890/1/1384-2665-1-SM.pdf |
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ukm-7890 |
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eprints |
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ukm-78902016-12-14T06:45:33Z http://journalarticle.ukm.my/7890/ Accounting for taxation on corporation - a new perspective Barjoyai Bardai, 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. Penerbit Universiti Kebangsaan Malaysia 1982 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/7890/1/1384-2665-1-SM.pdf Barjoyai Bardai, (1982) Accounting for taxation on corporation - a new perspective. Jurnal Pengurusan, 1 . pp. 18-24. ISSN 0127-2713 http://www.ukm.my/penerbit/jurus.htm |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
Universiti Kebangasaan Malaysia |
| building |
UKM Institutional Repository |
| collection |
Online Access |
| language |
English |
| description |
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. |
| format |
Article |
| author |
Barjoyai Bardai, |
| spellingShingle |
Barjoyai Bardai, Accounting for taxation on corporation - a new perspective |
| author_facet |
Barjoyai Bardai, |
| author_sort |
Barjoyai Bardai, |
| title |
Accounting for taxation on corporation - a new perspective |
| title_short |
Accounting for taxation on corporation - a new perspective |
| title_full |
Accounting for taxation on corporation - a new perspective |
| title_fullStr |
Accounting for taxation on corporation - a new perspective |
| title_full_unstemmed |
Accounting for taxation on corporation - a new perspective |
| title_sort |
accounting for taxation on corporation - a new perspective |
| publisher |
Penerbit Universiti Kebangsaan Malaysia |
| publishDate |
1982 |
| url |
http://journalarticle.ukm.my/7890/ http://journalarticle.ukm.my/7890/ http://journalarticle.ukm.my/7890/1/1384-2665-1-SM.pdf |
| first_indexed |
2023-09-18T19:50:54Z |
| last_indexed |
2023-09-18T19:50:54Z |
| _version_ |
1777406212069916672 |