THE IMPACT OF ACCOUNTING INFORMATION ON TAX PURPOSES

Maia BAJAN, Alexandrina CIORCHINĂ, Nicoleta TRUDOV Academia de Studii Economice din Moldova

Аннотация

The degree of awareness towards the relationships between accounting and taxation has reached as new level in the context of the actual deep globalization process, the open markets and the need for connection to certain frames. Given that accountancy and taxation are two independent sciences, the economic activity of entities, state institutions or other autonomous administrative bodies is in the end reflected both in accounting and tax documents. Therefore, it is necessary to analyze them as a whole. Nonetheless, there has always existed the issue of conciliating the two domains, because of the differences among accounting and tax principles for evaluation and economic calculation. Tax principles are generally set as to stimulate or inhibit certain activities. It is obvious that they will not always reflect the true and fair view of the operations taking place within the entity. Keywords: accountancy, taxation, Tax Code, National Accounting Standards, tax, earnings, expenditures, deductions, adjustments.