Disclosure of the Hidden Relationship between Monetary and In- Kind Donations and Tax Incentives in the Financial Statements : A Theoretical Study to Enrich the thought of Corporate Social Responsibility Accounting

Younis A. Battal Saleh

Authors

Younis A. Battal Saleh

Keywords:

corporate philanthropy

Abstract

The relationship between corporate monetary and In-kind donations and tax incentives is not apparent" hidden" and can only be deduced through the hypothetical comparison. This relationship may be a justification for the lack of scientific contributions on this relationship, as well as accounting standards that govern how to disclose that relationship in the reports and financial statements. This relationship also justifies the corporations' insistence on using the same usual method of disclosing such donations. The careful analysis of the relationship-based on the hypothetical comparison, between endowments "grants" and tax incentives, will confirm the existence of the following two facts: (1) There is a mandatory partnership between corporations and government.

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Disclosure of the Hidden Relationship between Monetary and In- Kind Donations and Tax Incentives in the Financial Statements : A Theoretical Study to Enrich the thought of Corporate Social Responsibility Accounting. (2019). Global Journal of Management and Business Research, 19(D2), 9-23. https://journalofbusiness.org/index.php/GJMBR/article/view/2733

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