<abstract xmlns="http://www.w3.org/1999/xhtml"><p> Although the issue of deferred taxes is very important, it is very little known to the taxpayers and to the fiscal bodies, both in meaning and content and in the practical methodology of application. This paper describes the meaning and the content of deferred income taxes, the distinction between accounting amortization and fiscal amortization, the practical methodology for the application of deferred income, all of these in the line of tax facilities granted as accelerated amortization applied pursuant to art. 24 paragraph (9) of the Tax Code.</p></abstract>

Although the issue of deferred taxes is very important, it is very little known to the taxpayers and to the fiscal bodies, both in meaning and content and in the practical methodology of application. This paper describes the meaning and the content of deferred income taxes, the distinction between accounting amortization and fiscal amortization, the practical methodology for the application of deferred income, all of these in the line of tax facilities granted as accelerated amortization applied pursuant to art. 24 paragraph (9) of the Tax Code.

The Difference between Accounting Amortization and Fiscal Amortization

Scientific Bulletin

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"The Difference between Accounting Amortization and Fiscal Amortization"}

Although the issue of deferred taxes is very important, it is very little known to the taxpayers and to the fiscal bodies, both in meaning and content and in...

The Difference between Accounting Amortization and Fiscal Amortization

Publié en ligne: 26 juil. 2016

Pages: 116 - 122

DOI: https://doi.org/10.1515/bsaft-2015-0018

Mots clés
Income tax, taxable profit, accounting loss, fiscal loss, fiscal amortization, accounting amortization, recovery of losses, linear amortization, accelerated amortization

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

The Difference between Accounting Amortization and Fiscal Amortization

Publié en ligne: 26 juil. 2016

Pages: 116 - 122

DOI: https://doi.org/10.1515/bsaft-2015-0018

Mots clésIncome tax, taxable profit, accounting loss, fiscal loss, fiscal amortization, accounting amortization, recovery of losses, linear amortization, accelerated amortization

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Mots clés
Income tax, taxable profit, accounting loss, fiscal loss, fiscal amortization, accounting amortization, recovery of losses, linear amortization, accelerated amortization