Evaluation of Fiscal Corrections on Operating Expenses and Other Income in the Annual Corporate Tax Return Reporting of CV XYZ

Abstrak

This study evaluates the implementation of fiscal corrections on operating expenses and other income in the Annual Corporate Tax Return (SPT) reporting of CV XYZ. Differences between commercial financial statements prepared under Financial Accounting Standards (SAK) and tax regulations require companies to perform fiscal reconciliation to determine accurate taxable income. Using a descriptive qualitative approach, this research analyzes financial statement records, supporting documents, and applicable tax regulations, including the Income Tax Law, PMK 167/PMK.03/2018, and PER-22/PJ/2013. The results show that several accounts—such as internet expenses, Article 21 employee income tax borne by the company, corporate tax expenses, and interest income from bank deposits—require positive fiscal corrections because they do not qualify as deductible expenses or represent taxable income that must be recognized. These adjustments increase the company’s taxable income and lead to a higher corporate income tax liability. The findings highlight the importance of precise identification and classification of deductible and non-deductible expenses to prevent misstatements in annual tax reporting. This study contributes to strengthening practical and academic understanding of fiscal reconciliation by demonstrating how discrepancies between commercial and fiscal treatments affect corporate tax obligations. Ensuring accurate fiscal corrections is essential for tax compliance, transparency, and the integrity of corporate financial reporting.