Theoretic Model Regarding the Determination of the Fiscal Profit and the Calculation of the Profit Tax of the Trading Companies

Abstract:

The result of the financial exercise has an accountant component and a fiscal component.  The accountant result of the exercise represents a global sum of the profit or of the loss registered by an economic entity, and the fiscal result is obtained through the application of the fiscal rules on the revenues or the expenses obtained by that entity, resulting in taxable profit or fiscal loss.

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