The+relationship+between+tax+and+accounting+rules.doc

ountingrules‐theSwedishcaseAuthor(s):JohnBlake(ountingandFinancialServices,UniversityofCentralLancashire,Preston,UK)KatarinaAkerfeldt(SkattemyndigheteniStockholmslan,Haninge,Sweden)(ountingandFinance,MiddlesexUniversityBusinessSchool,TheBurroughs,London,UK)CatherineGowthorpe(ountingandFinancialServices,UniversityofCentralLancashire,Preston,UK)Abstract:prehensivetax‐accountinglinkinSweden,:Accounting,Rules,Sweden,TaxationType:GeneralreviewPublisher:ountingpractices,,ountingsystem,andcountriesliketheUK,prehensivelink,,ountingsystembasedonabindingtax‐accountinglinkandaprivate‐sector,standard‐‐accountinglinkinSweden,,GermanyandtheUK,(adaptedfrom[1]):Anglo‐Saxon(includingUK)??fair;??shareholderorientation;??disclosure;??taxrulesseparate;??substanceoverform;??professionalstandards.??Continental(includingGermany)??legal;??creditororientation;??secrecy;??taxdominated;??formoversubstance;??’,ountingrequirements,,munity,ountancyprofessionweresummarizedbyoneoftheUK’ountants:ountantsseemstobethattheDirective,ifimplementedinitspresentform,woulddiscounttheimportancewhichweintheUKattachtothe“trueandfairview”provisionoftheBritishlegislation,ounts[2].UnderpressurefromtheUKGovernmenttheseconddraftofthedire