How taxes affect accounting procedures for determining the corporate income tax base

The bachelor’s thesis deals with the topic „How taxes affect accounting procedures for determining the corporate tax base“. The thesis deals with whether taxes affect accounting procedures and whether the existence of taxes has an impact on accounting, especially in terms of a true and fair view. The thesis acquaints the reader with the connection between tax and accounting issues with the help of an analysis of legislation, thich is primarily act no. 586/ 1992 Coll. on income taxes, act no. 563/1991 Coll. On accounting and act no. 593/1992 on reserves for determining the income tax base. The legislation is supplemented by an observational analysis of the costs, expenses and revenues accounts of a particular company, model examples and information on how corporate income tas is charged to the entity by comparing the avarege and effective tax rate with the nominal rate (19 %). The resulting values of the analyzed entity are 18,7 % (avarege rate) and 33,89 % (effective rate). The result of the work is that the tax issue does not in principle distort the true and fair view of accounting. The only exception to the distortion is the identification of tax and accounting depreciation if the entities deprecite only using the tax methodology, which does not reflect the fact of the use of fixes assets.