| Summary: | 碩士 === 國立臺北大學 === 會計學系 === 99 === The Financial Supervisory Commission of the Executive Yuan announced that public companies shall directly implement the IFRSs in two phases starting in 2013. Nonetheless, the competent authority, the Ministry of Economic Affairs, is still under discussion and has not yet reached resolution for the accounting guidelines targeting non-public SMEs. There is a large number of SMEs in Taiwan with small scale and without the public responsibilities. Based on the user simplification of financial statements and consideration of cost effectiveness, SMEs are not recommended for the application of IFRSs targeting public companies. In the near future, accounting guidelines for large corporations or SMEs will inevitably diverge. Hence it is recommended to directly implement the IFRS for SMEs or refer to SME accounting principles applicable to our State. Nonetheless the implementation of IFRS for SMEs not only has influence on the financial statements of corporations but will also have significant impact on the business tax.
The study introduced the development course of IFRS for SMEs, reviewed and analyzed the status of segregation of financial accounting principles for major countries in the world, and explored the characteristics of SMEs in Taiwan and their preference in tax reporting, as well as conducting comparative analysis on our financial accounting principles reporting, IRFRs, and IFRS for SME; the study therefore analyzed taxation issues for SMEs first applying IFRS for SMEs and the major taxation issues after the implementation of IFRS for SMEs, in attempt to propose the conclusion and recommendation in this study.
1. Due to the smaller scale of our SME, the competent authorities should take into consideration of difference between financial and taxation process when determining the development direction and tax modification for accounting principles, in order to reduce the accounting process costs for SMEs.
2. In the future, the different scale of corporations should be applied with different financial accounting principles and tax officers should strengthened with competent training as tax issues become increasingly complex, in order to improve audit quality.
3. The first new accounting principles applied should be examined for taxable income/loss related to retroactive adjustment and the influence of implementing IFRS for SMEs on income tax due to tax difference. The competent authorities are recommended to study and clarify with laws and regulations, in addition to modifying relevant regulations to avoid disputes.
4. The tax burden on different companies engaged in the same economic activities should not differ due to the implementation of IFRSs or not. To cope with the introduction of IFRS, the competent authorities should take into consideration of the large number of SMEs for one applicable standards based on principle of fairness, when formulating modification to tax laws.
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