DIFFERENCES IN THE TAX AND FINANCIAL ACCOUNTING OF REAL ESTATE DISPOSAL IN THE REPUBLIC OF ARMENIA

Abstract

The article provides an in-depth examination of the accounting and tax accounting mechanisms related to the disposal, leasing, and transfer of real estate for free use. As a result, the differences in measuring income and expenses in financial accounting and tax accounting in cases of real estate disposal are clarified, revealing the discrepancies between accounting profit and taxable profit.

This article contains essential information on approaches to accounting for real estate disposal transactions and is aimed at enhancing the reliability of the information presented in financial performance reports and corporate income tax returns.