국제회계기준 도입이 민간투자사업의 회계와 세무에 미치는 영향에 대한 사례연구 - BTL 사업을 중심으로 -

Private investments in infrastructure is that the private sector perform the construction, operation and maintenance of the social infrastructure, traditionally the responsibility of the government sector. Recently, the scale and importance of private investment in infrastructure has increased gradually. But, in case of BTL (Build-Transfer-Lease), one type of private investments in infrastructure, there is an important gap between accounting standards and accounting practices due to lack of specific and consistent accounting standard. And the accounting gap cause private investment corporation not to comply with the opinion of the tax authority. This paper is created for the purpose of presenting reform measures for accounting and tax problems in BTL and studying of the tax treatment for K-IFRS in private investments in infrastructure. In aspect of tax policy, this paper compares the difference in taxable income between capital lease and usable and profitable donation assets. In addition, to tax revenue during the construction period distorts the basic structure of private investment in infrastructure, as well as damage the neutrality of the tax, and so this paper propose the revenue during the construction period be deferred and be taxed during the operating period. Meanwhile, to remove the confusion in accounting as stated above, clear accounting standards should be provided for private investment corporation that is most in privately held business. With the clear accounting standards, tax authorities must be out of past practice and eliminate confusion by clear definement in corporate tax law with respect to the recognition of revenue in private investment in infrastructure.