მოგების გადასახადის აღრიცხვის საკითხები სს „სილქნეტის“ და სს „თელასის“ მაგალითზე

Development and support of entrepreneurial activities, accompanied by an effective tax system, play an important role in a country’s economic growth. Effectiveness of taxation policy largely depends on the economic reforms, which should create favorable environment for private sector and attract investments.
Novelty of the research: The research paper is a case study of comprehensive in-depth review of theoretical and practical aspects of profit tax in Georgia and discusses its accounting principles in line with International Accounting Standards. The paper analyzes the adopted changes in the country’s profit taxation, which implies paying it only if corporate profit is distributed. This model has also been labelled as “Estonian tax model”. To make the research more robust, an illustrative profit calculation examples are provided along with those corner cases, which are, typically, considered as unique cases by the country’s revenue service.
The aim of the research: The research aims to determine main principle that are required for profit tax accounting. In addition, the research also highlights the aspects that differentiate financial profit from accounting profit. And lastly, the research discusses the determinants for success or failure of the taxation policy. The research paper analyzes positive and negative effects of “Estonian tax model”, formulates the problems the new model may arise and studies the impact of the new taxation system on the country’s economy.
Materials and resources: The research uses the regulations of International Financial Reporting Standards and reviews the literature, statistical and periodical reports published by acclaimed international organizations, and the information provided by Ministry of Finance of Georgia. Also, for the analysis purposes, I have used 2014-2019 Financial Statementsof “Silknet” JSC and “Telasi” JSC.