THE ANALYSIS OF FINANCIAL STATEMENT TO CALCULATE THE INCOME TAX PAYABLE OF PT SWA SENI MANDIRI

Abstract

The objective is to find out and to analysis what are the factors that cause calculation differences between the fiscal corrections calculation of the company with the fiscal correction calculation of the writer. To know whether the company’s fiscal financial statement based on the tax regulation or not. The other objective is to know the amount of corporate tax payable after the fiscal correction is being calculated, corrected, and also being applied based on the tax regulation. The research is using qualitative method by doing field research to directly experience the company daily activities and to get as much as information needed, interviewing the person in-charge related to the topic arise, and gathering other data such as the company’s fiscal financial statement, income statement, and other related information. The analysis being done is by comparing the fiscal correction calculation of the writer and the company. The factors that lead to the difference calculation between the company’s and the writer’s calculation are the misplaced the installment payment of loan, lack of tangible asset depreciation, and mispricing of related parties transactions. The company’s fiscal financial statement is not based on the tax regulation causes from the lack of awareness. The amount corporate tax payable is decrease after the calculation being made which undergo tax overpayment where the amount of tax credit is bigger than the company’s tax payable.