The essence of temporary differences under the conditions of changes in RSA 18/02 and convergence with IAS 12 “Income taxes” and their impact on the financial statements

Abstract

The article examines the latest changes in RSA 18/02 "Accounting for corporate income tax payments", adopted by order of the Ministry of Finance of the Russian Federation. The new version of the Regulation comes into effect since January 01, 2020. As a result of the study, the authors revealed a convergence of Russian standards for determining temporary differences and deferred taxes, and at the same time indicated differences that still remained, and also assessed the existing differences. The authors considered it appropriate to systematize new principles for calculating deferred income taxes. For clarity, the definitions of current tax, net profit and other concepts, calculations of current tax and income tax expenses are presented in the form of formulas that can be easily compared with a previously existing methodology. The results of the study can be used when transforming financial statements, as well as in the construction of the consolidated financial statements generated in Russia in accordance with the requirements of IFRS, since the latest amendments in RSA 18/02 include the calculation of income tax for members of a consolidated group of taxpayers.

Aplicación de la NIC 12 impuesto a las ganancias en empresas camaroneras ecuatorianas

“…Con base en lo expuesto, en el Ecuador, se realiza la conciliación entre la normativa contable NIC 12 y la normativa tributaria referida en la Ley de Régimen Tributario Interno (LRTI) la cual genera divergencias por el reconocimiento de impuestos corrientes y diferidos, que por un lado, deben ser registrados en la contabilidad, buscando revelar información financiera fiable; y por otro lado, deben ser analizados para establecer la base imponible del impuesto a la renta (Mena-Trujillo, et al, 2019). Por consiguiente, para las organizaciones comerciales es importante el hecho de reflejar los impuestos sobre la renta en los estados financieros, sin embargo, la falta de conformidad en las ganancias contables y fiscales conduce a la empresa a diferencias temporales e impuestos diferidos (Trofimova, et al, 2020).…”