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The Relation between Financial Reporting Rules and Rules for Tax Base Determination
[Vazba mezi pravidly účetního výkaznictví a pravidly pro stanovení základu daně]

Author

Listed:
  • Danuše Nerudová

Abstract

The paper deals with the problem of relation between financial reporting rules and tax rules. There are analyzed the arguments for the convergence of the rules, but also the arguments for the disconnection of the rules. Different attitudes towards the measurement of the relation between financial reporting rules and tax rules are presented as well. The measurement of the relation between the rules in the Czech Republic is done by the method developed by Lamb, Nobes and Roberts, for it enables inter country comparison. The results have shown, that Czech Republic seems to be in the middle between the Anglo-Saxon system, under which the disconnection predominates and between the continental system which is characterized by the very close connection between the financial reporting rules and tax rules.

Suggested Citation

  • Danuše Nerudová, 2009. "The Relation between Financial Reporting Rules and Rules for Tax Base Determination [Vazba mezi pravidly účetního výkaznictví a pravidly pro stanovení základu daně]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2009(2), pages 46-56.
    • Handle: RePEc:prg:jnlcfu:v:2009:y:2009:i:2:id:28:p:46-56
    DOI: 10.18267/j.cfuc.28
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    References listed on IDEAS

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    1. Martin Hoogendoorn, 1996. "Accounting and taxation in Europe — A comparative overview," European Accounting Review, Taylor & Francis Journals, vol. 5(1), pages 783-794.
    2. Margaret Lamb & Christopher Nobes & Alan Roberts, 1998. "International Variations in the Connections Between Tax and Financial Reporting," Accounting and Business Research, Taylor & Francis Journals, vol. 28(3), pages 173-188, March.
    3. Oriol Amat, 1993. "The relationship between tax regulations and financial accounting: A comparison of Germany, Spain and the United Kingdom," Economics Working Papers 46, Department of Economics and Business, Universitat Pompeu Fabra.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial reporting rules; Tax rules; Measurement of the relation; Pravidla účetního výkaznictví; Pravidla pro stanovení základu daně; Měření vazby;
    All these keywords.

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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