Deferred tax for tax planning in the Czech agricultural companies

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The paper is aimed at the materiality of deferred tax in agricultural holdings and the development of a proposal for simplification of deferred tax reporting in agriculture. The analysis of materiality and the structure of deferred tax in agricultural holdings which are obliged to report deferred tax is researched. The dataset covers the financial statements of the agricultural holdings (joint stock companies) obliged to report deferred tax during the period 2011-2015. The dataset covers hand-collected 1 110 firm-years. Based on the results of the study, the category deferred tax was identified as a material category and has to be reported. We found that the most common title for deferred tax reporting is the difference between the tax base and the carrying amount of long-term assets. The comparison of return on assets and adjusted return on assets reflecting the elimination of the deferred taxes effect reveals that the effect of deferred tax reporting is not so high in the large agricultural holdings in the Czech Republic. … full description

Bibliographic Details

Main Author

Hana Bohušová

Other Authors

Patrik Svoboda
Lucie Semerádová

Document Type

Articles

Physical Description

9 ilustrací

Published in

Agricultural Economics. -- ISSN 0139-570X. -- Roč. 65, č. 8 (2019), s. 349-358

Subjects

FARMS

zemědělská družstva

FARM SIZE

LARGE ENTERPRISES

COST BENEFIT ANALYSIS

ASSETS

LIABILITIES

TAXES

PROFITABILITY

Economic losses

calculation

TIME SERIES ANALYSIS

DATA ANALYSIS

zemědělská politika

struktura zemědělství

zemědělské podniky

zemědělské společnosti

velikost zemědělského podniku

velké podniky

účetnictví

analýza poměru nákladů a výnosů

aktiva

pasíva

daně

ziskovost

ekonomické ztráty

výpočet

analýza časových řad

analýza dat

Česko

holdingy > právní subjektivita > finanční reporting > daňový základ > odložená daň > daňová povinnost > návratnost aktiv

Item Description

2 grafy, 7 tabulek

Bibliography

Seznam literatury na s. 357-358 (27 záznamů)