Some Solutions to Perfecting Corporate Income Cost Accounting of Income Tax Expenses in Construction Companies

Accounting for corporate income tax is a very important part in financial accounting in business. Correct identification of revenue and accounting costs, which determines the right performance of the business, is not an easy task, especially in the construction company. This article contributes to further clarification of the contents related to corporate income tax cost accounting in construction companies. The mentioned aspects are as follows: general theory of revenue records, determination of accounting costs and profits,…,based on which some proposals for solutions are offered to standardize income tax accounting applied to practice and to better manage income tax cost in such enterprises