IAS 12 INCOME TAX AND ITS TAX INCIDENCE IN HOTEL COMPANIES

Review article

Abstract

The main objective of this research is to determine the accounting-tax impact of applying IAS 12 Income Tax in hotel companies in the urban sector of the city of Manta. Since the problem is centered on the lack of knowledge on the part of the accountants or financial managers of these entities on the use and recognition of deferred taxes according to the cases and conditions allowed by the Regulation to the Organic Law of the Internal Tax Regime, and in the application of the International Accounting Standard 12 due to its level of complexity. For this reason, several research methods are used, such as inductive, deductive and analytical, which together with the techniques and instruments for information gathering, such as documentary analysis, observation and survey, help in the determination of the causes of the problem.

Keywords: IAS 12, deferred taxes, accounting and tax processes.