1. (Multiple choice question)
Among the following items, which have deductible temporary differences are ( ).
A. The book value of financial liabilities measured at fair value through profit or loss is less than the tax base
B. Uncovered losses in subsequent years can be carried forward in accordance with tax laws.
C. Contract liabilities recognized due to reward points (tax laws have been included in the current taxable income)
D. Business entertainment expenses that exceed the standard
2 .(Multiple choice question)
On December 31, 2019, Company A made an impairment provision of RMB 20 million for goodwill. This goodwill was formed when Company A purchased 100% of the net assets of Company D from Company C and merged it with Company D on December 8, 2017. The initial measurement amount was 70 million yuan. Company C had paid and transferred D in accordance with the tax law. Income tax and other taxes related to 100% equity of the company. According to the tax law, the goodwill generated by Company A's purchase of Company D is allowed to be deducted before tax when the entire transfer or liquidation of related assets and liabilities is made. The applicable income tax rate for Company A is 25%. Which of the following accounting treatments is correct ( ).
A. The tax base of goodwill on December 8, 2017 is 0
B. The tax base of goodwill on December 8, 2017 is 70 million yuan< /p>
C. Deferred income tax assets are not recognized for deductible temporary differences arising from goodwill on December 31, 2019
D. Deferred income tax should be recognized on December 31, 2019 Assets of 5 million yuan
3. (Multiple choice questions)
On July 5, 2019, the patented technology B independently researched and developed by Company A reached its intended use and was recorded as an intangible asset . The cost of patented technology B is 20 million yuan, with an estimated useful life of 10 years, no residual value, and straight-line amortization. According to tax laws, patented technology B is allowed to be amortized at 175%. Assume that the amortization method, amortization period and net residual value of Company A's B's patented technology comply with the tax law. The total profit realized by Company A in 2019 was 50.75 million yuan, and the applicable income tax rate was 25%. Assuming that other factors are not considered, which of the following accounting treatments of Company A regarding B's patented technology is correct ( ).
A. The tax base of intangible assets on December 31, 2019 was 33.25 million yuan
B. The deductible temporary differences generated by the patented technology should be recognized and deferred Income tax assets are 3.5625 million yuan
C. The income tax payable in 2019 is 12.5 million yuan
D. The income tax expense in 2019 is 12.5 million yuan
4 .(Multiple choice question)
Company A’s applicable income tax rate is 15%. Among its transactions or events that occurred in 2019, the matters that are different in accounting and tax law treatment are as follows: ① Current purchases are treated at fair value For debt investments accounted for as financial assets measured and whose changes are included in other comprehensive income, the fair value at the end of the period is greater than the acquisition cost of 2 million yuan; ② A government subsidy of 16 million yuan related to assets was received (accounted using the gross method), and the tax law stipulates that it shall be Included in the taxable income of the current period, the relevant assets have not yet begun to accrue depreciation by the end of the year. Company A's total profit in 2019 was 52 million yuan. Assuming that the balance of deferred income tax assets and liabilities at the beginning of the year was zero, it would be able to obtain sufficient taxable income in the future period to utilize deductible temporary differences. Among the following treatment of Company A's income tax in 2019, which one is correct ( ).
A. Income tax expense is 7.8 million yuan
B. Income tax payable is 7.8 million yuan
C. Deferred income tax liability is 300,000 yuan
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D. Deferred income tax assets recognized from asset-related government subsidies are not recognized
5. (Multiple choice question)
Among the following matters, The tax base is equal to the book value ( ).
A. Purchase contract liquidated damages paid
B. Treasury bond interest accrued
C. Estimated liabilities accrued due to product quality assurance
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D. Tax late payment fees payable
Reference answers and analysis
1. Answer BC.
Analysis: Option A, the book value of the liability is less than the tax base, resulting in a taxable temporary difference; Option B, according to the tax law, uncompensated losses in subsequent years can be carried forward, and there is no book value of assets, but there is The tax basis can be deducted in the future, resulting in deductible temporary differences; option C, the contract liability recognized by the bonus points has been included in the taxable income of the current period, so the tax basis of the contract liability is 0, and the book value of the liability is greater than the taxable income. Tax basis, deductible temporary differences arise; Option D, the tax law stipulates that excess business entertainment expenses incurred in the current period are not allowed to be deducted before tax in subsequent periods, so no temporary differences arise.
2. The answer is BD.
Analysis: This merger by absorption is a taxable merger. The tax basis of goodwill on December 8, 2017 is equal to the book value. Option A is incorrect and option B is correct; on December 31, 2019, After making provision for impairment, the book value is 50 million yuan and the tax basis is 70 million yuan. Deferred income tax assets should be recognized = (7 000-5 000)? 25% = 5 million (ten thousand yuan), option C is incorrect, option D is correct.
3. The answer is ACD.
Analysis: Book value of intangible assets on December 31, 2019 = 2 000-2 000? 10? 6/12 = 1 900 (10,000 yuan), tax basis = 1 900? 175% = 3 3.25 (ten thousand yuan), option A is correct; the deductible temporary differences generated by intangible assets formed by self-development do not meet the conditions for recognizing deferred income tax assets, so deferred income tax assets are not recognized, option B is incorrect; payable in 2019 Income tax = (5 075-2 000? 10? 6/12? 75%)? 25% = 1 250 (ten thousand yuan), option C is correct; the income tax expense in 2019 is equal to the income tax payable, option D is correct.
4. The answer is AC.
Analysis: At the end of 2019, the book value of financial assets measured at fair value and changes included in other comprehensive income was greater than the acquisition cost of 2 million yuan, forming a taxable temporary difference, and deferred income tax liabilities should be recognized The amount = 200? 15% = 300,000 yuan, corresponding to other comprehensive income, does not affect income tax expenses, option C is correct; government subsidies related to assets shall be fully included in the taxable income in the year of acquisition according to the tax law. Its tax basis is 0, the book value of deferred income is 16 million yuan, the amount of deferred income tax assets that should be recognized = 1600?15%=240 (10,000 yuan), option D is wrong; Company A should pay in 2019 Income tax = (5 200 + 1 600)? 15% = 1 020 (ten thousand yuan), option B is wrong; the amount of income tax expense = 1 020-240 = 780 (ten thousand yuan), or income tax expense = 5 200? 15% = 7.80 (ten thousand yuan), option A is correct.
5. The answer is ABD.
Analysis: Option C, according to the relevant provisions of the tax law, the estimated liabilities recognized by the company for product quality assurance can be deducted before tax when they are actually incurred, and the tax basis is zero, which is not equal to the book value.