| Summary: | 碩士 === 國立臺灣科技大學 === 管理研究所 === 92 === How does a non-profit organization (NPO) operate its business more effectively? Who should be responsible for supervision of NPOs? The answer is the government, the public and NPOs themselves. We believe that the combination of government supervision and NPO self-governance is the key mechanism to meet a reliable and high effective organization. To open all message to the public is the best way to arrive at the NPO governance. In order to win public reliance, Industry Association (IA), must openly announce its financial reports and fully disclose its financial situations to the public. That is the first step toward organization governance.
IA is one of the NPOs. The purposes of this report are discussing status quo of IA organizations and financial operations, and then it presents some suggestions related to enhancement of organization governance and increment of organization function through findings. It also derived some methods related to dealing with finance operation and tax planning for IAs.
It is worth to discuss making decision for IA’s tax planning or tax saving and taking aspects of business expansion, financial safety and legality into account at the same time. In order to evaluate what and how impact on IA’s financial and tax accounting differences, this study adopts two major methods that are historic essays review and cases study method. We were reviewing, discussing and analyzing several specific cases, some differences were found between financial accounting and tax accounting, including criteria of financial accounting, identification of taxable income, determination of tax authority and tax jurisdiction, necessity of registration, and so on. Some problems, such as corporate tax, value added tax, stamp tax, and property tax were discussed because of IA’s characteristics. However, this report presents some viewpoints and suggestions.
This study has derived some conclusions. The General Accepted Accounting Principle is a measure instrument. That have been fully and maturely developed and were accepted and trusted by the public for a long time. It is difficult to develop a new, completed and acceptable accounting principle especially for the NPOs. The IAs should be subject to the General Accepted Accounting Principle for their financial purposes. Adopting the General Accepted Accounting Principle to deal with their financial transactions, IAs could establish not only consent standardized system, but also taxable income measurement and operational result valuation, and furthermore, the public reliance establishment.
As to aspect of dealing with tax problem, however, NPOs should be taxed when they engage profit-seeking business. The Ministry of Finance is the sole competent authority for tax imposition on or exemption from NPOs’ profits. Taxable income of IA has to be determined by the General Accepted Accounting Principle, but tax law should have some special preferential clauses for the affairs of public interest. For the sake of increasing IAs’ transparent operation, this report suggests that all NPOs must file tax return. The immoveable property tax laws and regulations should also be reviewed because tax on realty can promote IAs more efficient to mobilize their realties.
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