Significant amendments were brought lately to the Tax Code, regulations that target both procedural aspects referring to the input and output in relation to the new VAT scheme, and rules concerning the VAT scheme (receipt and payment of VAT). The rules concerning the scheme of VAT upon...

The recent financial and economic crisis assessment of brand image depends crucially on the choice of underlying assumptions and analytical tool and is subject to considerable uncertainty. Many countries pass from economy based on intangible resources and innovation, competitiveness, and...

The XXIst century shows, among others, a special feature aiming at acceleration at a growing speed of the developments of new technologies. Thus, in the context of a fierce competition, great intellectual and financial efforts are made for the research and development of high technologies....

Historically, information about tax-exempt organizations has often been hard to obtain. The 1996 tax act requires a tax-exempt organization to provide a copy of its informational Form 990 to anyone who requests it and specifies penalties for noncompliance. Form 990 information on most tax-exempt...

Due to empirical research, tax and accounting compliance costs are a considerable burden for private businesses. However, cost estimates may be biased due to survey nonresponse and questionnaire framing effects. This paper investigates the impact of both aspects on the estimated cost burden. I...

This paper presents some aspects regarding inventories. In many business inventories are the most important assets. The accounting for inventories is a major consideration for many entities because of its significance on both the income statement (cost of goods sold) and the statement of...

This paper presents some fiscal and accounting aspects of income tax like payers, applicability. It describe fiscal and accounting treatments of income tax and also IAS 12 treatment of tax income. Income taxes are an expense incurred in operating most businesses, and as such are to be reflected...

En faisant de l'impôt sur les bénéfices industriels et commerciaux, une taxation sur l'enrichissement - et non sur le revenu -, le législateur contraignait l'administration fiscale à s'intéresser de près à un certain nombre de problématiques comptables. Il est possible de décliner...

The work focuses on the evaluation of the effectiveness of policies following a multidimensional approach to measuring their success. In particular, both the application of the counterfactual method and an efficiency analysis based on econometric techniques are proposed. The focus is on a...

Like all administrative agencies, the Internal Revenue Service is given a fair amount of authority to enforce the laws enacted by Congress. Taxpayers often question the amount of authority granted to the Internal Revenue Service, and whether such authority is abused. In some situations this...