What is the tax result?

The tax result is the accounting result adjusted according to tax rules to calculate IBS.

Why Is It Different from the Accounting Result?

Some accounting expenses are not tax-deductible (fines, personal expenses…) and some revenue may be exempt.

Formula:
Tax result = Accounting result + Add-backs – Deductions

To learn more:

• IBS
• Tax filing package
• Tax declaration
• Business taxation