Deferred taxes in IAS 12

ISBN-13: 9783638659727 / Angielski / Miękka / 2007 / 44 str.

Nadin Schafer

Opis

Seminar paper from the year 2005 in the subject Business economics - Accounting and Taxes, grade: 1,0, University of Applied Sciences Eberswalde, 10 entries in the bibliography, language: English, abstract: By writing this report I would like to introduce the reader into the topic of deferred taxes by using the International Accounting Standard 12. Therefore I would like to introduce you into the topic deferred taxes by giving you the theoretical basic concept of deferred taxes. The theoretical basic concept of deferred taxes should give you the idea and a definition of deferred taxes. Afterwards I would like to present the different causes for creating deferred taxes. The causes for creating deferred taxes will be emphasized by give examples. For a better understanding I would like to explain in the following the steps the methods of determination. You have to know that the IAS determines the deferred taxes by using the temporary concept. Because I would like to underline the differences I will present in short form the timing concept too. The temporary concept includes the timing and the temporary differences and excludes the permanent differences. Now we have to find a definition for each type of difference. If we know the idea of deferred taxes and we know how to determine them, we will be interested in the evaluation of deferred taxes. Therefore I will describe the liability method used by IAS and to show the differences I will describe the deferred method. For a better understanding I would like to conclude my report by giving the different way of calculation deferred taxes by using the deferred method and the liability method.

O autorze

I am Tax Manager for the Autodoc Group. With regard to the avoidance of tax errors I am happy to work on a valide Tax CMS Project, since this should be in place in order to ensure that all tax relevant processes will be taken correctly into account for German tax purposes, i.e. working on a complete reporting process. Before joining Autodoc in April 2021 I worked for 4 years as manager for Deloitte and 10 years for Flick Gocke Schaumburg. I supported the Deloitte Global employer services team and help clients to manage their internationale assignment / remote work successfully. As a team member I helped companies coordinate various elements related to global mobile workforce, to adress worldwide compliance with employers reporting and filing requirements. I reviewed German retroactive wage tax calculations and consult employers of multinational companies within the remediation process who missed the German wage tax withholding obligation on behalf of their employees.Flick Gocke Schaumburg allowed me to assist in the auditing and preparation of financial statements and consolidated financial statements on the one hand and on the other hand in ongoing tax consulting. Following the successful examination as a tax specialist, I had the opportunity to gain experience in the investigation of a corruption and bribery case in a large company. After that, I supported the criminal law department in Berlin in the processing of tax investigation cases/self-disclosure, primarily with regard to the application of the Investment Tax Act.