IDEAS home Printed from https://ideas.repec.org/a/taf/euract/v5y1996i1p915-931.html
   My bibliography  Save this article

The principle of fiscal neutrality: the cornerstone of the relationship between financial reporting and taxation in Belgium

Author

Listed:
  • Ann Jorissen
  • Luc Maes

Abstract

The relationship between accounting, financial reporting and taxation in Belgium is discussed in this article. The article starts with an historical overview of the development of the accounting law and the fiscal law and shows how a strong link between the two was established in the first part of this century. Together with the introduction of the accounting law in 1975, the concept of fiscal neutrality, which had to link accounting with taxation, was introduced The second part of the article explains this concept and discusses the computation of taxable income on the basis of the annual accounts in Belgium. Further, the major distortions between the accounting law and fiscal law are presented, as well as the information disclosures on corporate income taxes required in the published annual accounts. To conclude, some possible future developments are presented.

Suggested Citation

  • Ann Jorissen & Luc Maes, 1996. "The principle of fiscal neutrality: the cornerstone of the relationship between financial reporting and taxation in Belgium," European Accounting Review, Taylor & Francis Journals, vol. 5(1), pages 915-931.
    • Handle: RePEc:taf:euract:v:5:y:1996:i:1:p:915-931
    DOI: 10.1080/09638189600000059
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/09638189600000059
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09638189600000059?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Margaret Lamb & Andrew Lymer, 1999. "Taxation research in an accounting context: future prospects and interdisciplinary perspectives," European Accounting Review, Taylor & Francis Journals, vol. 8(4), pages 749-776.
    2. Ann Jorissen, 2017. "The Role and Current Status of IFRS in the Completion of National Accounting Rules – Evidence from Belgium," Accounting in Europe, Taylor & Francis Journals, vol. 14(1-2), pages 29-39, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:euract:v:5:y:1996:i:1:p:915-931. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REAR20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.