접대비 한도축소가 기업의 회계처리에 미치는 영향

This study analyzes the effects three years since the stark reduction of the entertainment expense limit for tax purposes at the end of 1999 on the accounting of entertainment expenses and welfare expenses for listed corporations. For this, this study set an independent regression model to see the effects of reductions of entertainment expense limits for increase rates of entertainment expenses and increase rates of welfare increases for tax purposes, and the change of legal welfare systems that systematically effect welfare expenses were separately regulated. The results of this research are as seen below. First, for companies that continuously used entertainment expenses below the deduction limit before and after the tax revision, there were no disadvantages caused by the reduced limit to companies, and therefore, even in the research results, the reduction in the entertainment expense limit did not effect the entertainment expense increase rate and welfare expense increase rate for tax purposes. Secondly, for companies that exceeded the entertainment expense deduc- tion limit before tax revisions and companies that were newly classified as deduction limit exceeding companies with the tax revisions, there were disadvantages for the companies due to the tax revisions. However, because of the low multiples of operational profits compared to the total amount of entertainment and welfare expenses, groups with low capacities to bear (AOPM) taxes increased due to entertainment expense payments and reduction of limits, and the reduction of the entertainment expense limit did not result in suppressing increase of entertainment expenses for tax purposes, and there was no findings of it being replaced with welfare expenses. The fact that companies exceeding the limit but are in the low bearing capacities (AOPM) are unable to easily adjust entertainment expenses in the short term but are not found to conduct accounting that substitutes it with welfare expenses, show that their entertainment expenses have been sufficiently suppressed through entertainment expense limit reductions on several occasions in the past. Thirdly, for limit exceeding companies with high bearing capacities (AOPM), the entertainment expense limit reduction suppressed the increase of entertainment expense increase for tax purposes, and it also showed accounting that substituted entertainment expense with welfare expenses. Thus, this trend of companies with higher bearing capacities (AOPM) having entertainment expense suppression effects for tax purposes and substitution with welfare expenses showed that these companies had relatively low emphasis of management on entertainment expenses. Thus, despite the several reductions of entertainment expenses in the past, they responded later than companies with low bearing capacities (AOPM), and therefore deemed to be apparent only in this group. Furthermore, their substitution with welfare expenses appeared only in the first year of enactment of the reduction of entertainment expense deduction limit, and was not discovered from 2001, which was its second year since enactment.