Interim Tax Reporting Accuracy: Determinants and Consequences

While In-line Inspection Magnetic Flux Leakage (MFL) tools have been used for many years to successfully manage corrosion related threats, small pinhole-sized metal-loss anomalies remain a significant concern to pipeline operators. These anomalies can grow undetected to develop leaks and cause significant consequences. The physical dimensions of these anomalies, their proximity to and/or interaction with other nearby anomalies can challenge MFL’s detection and sizing capabilities. Other factors such as tool speed, cleanliness of the line and incorrect assumptions have an impact as well. For pipeline operators to develop effective and efficient mitigation programs and to estimate risks to an asset, the underlying uncertainties in detection and sizing of pinholes need to be well understood. By using magnetic modeling software, the MFL response of metal-loss anomalies can be determined, and the effect of a number of factors such as radial position, wall thickness, depth profile, pipe cleanliness and tool speed on MFL response and reporting accuracy can be determined. This paper investigates these factors to determine the leading causes of uncertainties involved in the detection and sizing of pinhole corrosion. The understanding of these uncertainties should lead to improvements in integrity management of pinhole for pipeline operators. This paper first investigates the physical measurement methodology of MFL tools to understand the limitations of MFL technology. Then, comparisons of actual MFL data with field excavation results were studied, to understand the limitations of specific MFL technologies. Finally, recommendations are made on how to better use and assess MFL results.

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Auditors' Constraining Effect on Tax Noncompliance at Different Book-Tax Conformity Levels in a Transition Economy

Journal of International Accounting Research ◽

10.2308/jiar-51612 ◽

2016 ◽

Vol 15 (3) ◽

pp. 1-30 ◽

Cited By ~ 1

Author(s):

K. Hung Chan ◽

Rebecca Luo ◽

Phyllis Lai Lan Mo

Keyword(s):

Earnings Management ◽

Transition Economy ◽

Tax Compliance ◽

High Quality ◽

Auditor Quality ◽

Direct Linkage ◽

Tax Reporting ◽

Jel Classifications ◽

Tax Noncompliance

ABSTRACT This study examines how differential auditor quality can affect clients' tax noncompliance at different book-tax conformity levels. Overall, we find that high-quality auditors are associated with client firms' better tax compliance. Specifically, high-quality auditors are effective in constraining book-tax-conforming noncompliance because of the direct linkage between financial and tax reporting for such noncompliance at both the higher and the lower conformity periods. In contrast, high-quality auditors' constraining effect on book-tax-difference noncompliance is significant only in the lower conformity period when there are more opportunities for reporting irregularities. Furthermore, firms that switch from a low- to a high-quality auditor have better tax compliance after the switch. This study contributes to the literature by providing evidence that high-quality auditors not only can constrain clients' earnings management, but can also constrain tax noncompliance. JEL Classifications: M41; M42.

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PENERAPAN TAX REVIEW SEBAGAI DASAR EVALUASI ATAS PEMENUHAN KEWAJIBAN PERPAJAKAN PPH BADAN DAN PPN

E-Jurnal Akuntansi ◽

10.24843/eja.2018.v22.i01.p10 ◽

2018 ◽

pp. 245

Author(s):

I Kadek Agus Setiawan ◽

Putu Ery Setiawan

Keyword(s):

Income Tax ◽

National Development ◽

Value Added ◽

Corporate Income Tax ◽

Measuring Instruments ◽

Value Added Tax ◽

The Subject ◽

The Difference ◽

Tax Reporting ◽

The Cost

Taxes as a source of state revenues are used as a source of funds for governments for national development and measuring instruments to regulate government policies. Taxation or tax review is a measure of all company transactions to calculate the amount of tax payable and predict potential taxes that may arise under applicable tax laws and regulations. This research was conducted at PT. KBIC which is engaged in cargo of Tax Year 2015. The purpose of this study is to determine the effect of the implementation of tax review of corporate income tax and value added tax. The method used in this research is descriptive comparative. Comparing the results of tax reporting by the company with the calculation of Corporate Income Tax and Value Added Tax at PT. KBIC tax year 2015 from the researcher in accordance with the applicable tax provisions in Indonesia. Based on the results of the research, the tax review of the Corporate Income Tax has found differences in the fiscal reconciliation report on the Office of Travel and Phone Charge accounts. Taxpayers make 100% corrections of the cost of mobile phones. It should be corrected cost of 50% of the cost should be. On the company's travel account, the company can not show the official report or notes in the assignment explaining the subject or purpose of the Overseas official's travel related to the company's principal activity that causes the difference of tax correction between the taxpayer and the researcher. Tax review conducted on Value Added Tax, the taxpayer has reported the fiscal reconciliation report correctly and there is no mistake.

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The Red Flags of Tax Reporting on the Market Value

International Business Research ◽

10.5539/ibr.v7n4p142 ◽

2014 ◽

Vol 7 (4) ◽

Author(s):

Nik Mohd Norfadzilah Nik Mohd Rashid ◽

Rohaya Md Noor ◽

Norazam Matsuski ◽

Barjoyai Bardai ◽

Jamalludin Helmi Hashim ◽

...

Keyword(s):

Market Value ◽

Red Flags ◽

Tax Reporting

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