IAS and Tax incentive: Difference between pages

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International Accounting Standard(s).
1.  ''Tax and treasury''.


Tax incentives usually are tax-beneficial legal structures, designated physical locations, investments, activities, financial arrangements or instruments that are intended by the revenue authority attract exemption from - or reduced liability to - different forms of taxation.


''Certain International Accounting Standards have been withdrawn or superseded, including:
Tax incentives are designed by the tax rule-setting authorities to encourage particular wanted activities, contrasted with unintended tax "loopholes" and over-aggressive tax planning.
IAS 3, IAS 4, IAS 5, IAS 6, IAS 9, IAS 11, IAS 13, IAS 14, IAS 15, IAS 18, IAS 22, IAS 25, IAS 30, IAS 31, IAS 35, IAS 39.''
 
 
This kind of tax incentives are also known informally as ''tax breaks''.
 
 
2.
 
Additional tax - or less favourable tax treatment - attaching to activities, or omissions, that the tax rule-setting authority wants to discourage.




== See also ==
== See also ==
* [[EFRAG]]
 
* [[FAS]]
* [[Advance tax ruling]]
* [[Financial statements]]
* [[Business rates]]
* [[Financial Reporting Standard]]  (FRS)
* [[Capital Gains Tax]]
* [[GAAP]]
* [[Capital tax]]
* [[International Accounting Standards]] (IAS)
* [[Carbon tax]]
* [[International Financial Reporting Standards]]  (IFRS)
* [[Charge]]
* [[Statement of financial accounting standard]]
* [[Claims and elections]]
* [[Statement of Standard Accounting Practice]] (SSAP)
* [[Cliff edge]]
*[[Code]]
* [[Concession]]
* [[Corporation Tax]]
* [[Customs duty]]
* [[Determination]]
* [[Direct tax]]
*[[Directive]]
* [[Double tax treaties]]
* [[Double taxation]]
* [[Duty]]
*[[Ethics]]
* [[Federal Corporate Income Tax]]
* [[Foreign tax credit]]
*[[Framework]]
* [[Global minimum corporate tax rate]]
*[[Good practice]]
*[[Governance]]
*[[Guidance]]
* [[Incentive]]
* [[Income Tax]]
* [[Indirect tax]]
* [[Inheritance tax]]
* [[Internal Revenue Code]]  (IRC)
* [[Jurisdiction]]
* [[Landfill Tax]]
* [[Law]]
* [[Legislation]]
* [[Levy]]
* [[Marginal rate of tax]]
* [[National Insurance ]]
* [[OECD model tax convention]]
* [[Output tax]]
* [[Payroll tax]]
* [[Preferential tax regime]]
*[[Principle]]
* [[Profit after tax]]
* [[Profit before tax]]
* [[Regime]]
* [[Regulation]]
*[[Reporting]]
*[[Reputational risk]]
*[[Rules]]
* [[Sales Tax]]
*[[Standards]]
* [[Stealth tax]]
* [[Supertax]]
* [[Surcharge]]
* [[Tax]]
* [[Tax arbitrage]]
* [[Tax avoidance]]
* [[Tax base]]
* [[Tax compliance]]
* [[Tax credit]]
* [[Tax depreciation]]
* [[Tax evasion]]
* [[Tax harmonisation]]
* [[Tax haven]]
* [[Tax planning]]
* [[Tax rate]]
* [[Tax relief]]
* [[Tax risk]]
* [[Tax ruling]]
* [[Tax shelter]]
* [[Tax shield]]
* [[Tax yield]]
* [[Treasury]]
* [[Trust]]
* [[UK Bank Levy]]
* [[Value Added Tax]]  (VAT)
* [[Wealth tax]]
* [[Withholding tax]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Financial_products_and_markets]]

Revision as of 19:17, 28 January 2024

1. Tax and treasury.

Tax incentives usually are tax-beneficial legal structures, designated physical locations, investments, activities, financial arrangements or instruments that are intended by the revenue authority attract exemption from - or reduced liability to - different forms of taxation.

Tax incentives are designed by the tax rule-setting authorities to encourage particular wanted activities, contrasted with unintended tax "loopholes" and over-aggressive tax planning.


This kind of tax incentives are also known informally as tax breaks.


2.

Additional tax - or less favourable tax treatment - attaching to activities, or omissions, that the tax rule-setting authority wants to discourage.


See also

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