Comparison of tax and accounting

Organizations that are payers of income tax, together with accounting records, keep tax records in order to calculate the tax base for income tax. There are differences between these types of accounting, but they have the same end goal. Ignorance of these differences may entail errors in the calculation of taxable income, and, therefore, the amount of income tax. The purpose of the article is to identify the similarities and differences in accounting and tax accounting in an organization.