Author(s)

Li Jiao

Corresponding Author

Li Jiao

Abstract

Incremental value-added tax credit is the latest preferential policy issued by our government in 2019. It involves all enterprises. At present, only the Accounting Department of the Ministry of Finance has issued a simple interpretation on the accounting treatment of financial affairs affected by this policy. But there are some problems in its interpretation, which is the main topic of this paper.

Keywords

Value added tax, incremental tax credit, accounting treatment.