The Determinants of Book-Tax Differences under IFRS

• Main Authors: Tsai, Chia-Ling, 蔡佳凌
• Other Authors: 陳明進
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/9c4y78

碩士 === 國立政治大學 === 會計學系 === 106 === This study uses the footnote disclosure of income tax in financial statements from 2013 to 2016 to examine the factors associated with the book-tax differences of Taiwan listed companies and OTC companies under IFRS. The empirical results reveals that companies having higher level of tax planning tend to have greater book-tax differences. For industry characteristics, the book-tax differences of companies in the construction industry are significantly higher than those of their counterparts in other industries. The main reason is that Taiwan’s tax law provides tax exemption for land transactions. Due to the limitation of depreciation in tax law and the differences in the treatment of depreciation between IFRS and tax law, the results show that depreciation and book-tax differences have a negative relationship. IFRS and tax law have different treatments of investment property, which result in companies with more investment property having greater book-tax differences.