국제회계기준(K-IFRS)도입과 관련된 세제개편의 평가와 나아갈 방향 = Evaluation of Tax Reform of Tax Law for the Adoption of K-IFRS and some Suggestions

다국어 초록 (Multilingual Abstract)

The purpose of this study is to evaluate 2010 tax reform according to IFRS adoption in Korea. Also this study makes some suggestions for Korean tax reform for the future.
First, the current relationship between accounting standards (IFRS) and Korean tax codes (tax laws) should be reconsidered. Second, K-IFRS apply the fair value evaluation method when they measure the values of the tangible and intangible assets, etc. However, the tax law needs not adopt the fair value evaluation, because the profits and losses from changes in fair value are yet not realized and therefore not taxable. Some exceptions can be applied in case of the items such as financial asset at fair value through profit or loss because the fair value is not assessed arbitrarily and the profit or loss will be realized soon.
Finally, because the changes in depreciation and allowance for bad debts is temporal in the condition of IFRS revision in 2013, these changes should be revised.