접대비지출의 타비용 대체처리와 조세회피에 대한 연구

This study examines the relations between alternative use of other expenses accounts and the extent of entertainment expenses. The results are as follows：(1) The changes of entertainment expenses showed significantly positive relations to the changes of welfare expenses. Such positive relations were more prominent in the firms that exceeded the entertainment deduction limit. This implies a possibility that the firms may transfer the entertainment expenses to alternative expenses accounts, such as welfare expenses. not to exceed its deductible limit. (2) It turned out that the alternative use of other expenses accounts differed by the extent of entertainment expenses. In case of welfare expenses,the firms that closely approached entertainment deduction limit showed larger coefficient than the firms that extremely exceeded entertainment deduction limit. On the other hand, in case of other sales and administrative expenses, the more the entertainment expenses the firms have, the large the coefficient with the other sales and administrative expenses. These results proves that the firms use welfare expenses account first as means of controlling entertainment deduction limit, and then use other sales and administrative expenses. (3) In the test whether tax avoidance is associated with the extent of alternative use of other expenses accounts, we show that the positive relations between tax avoidance and alternative use of other expenses accounts, such as welfare expenses and other sales and administrative expenses. Our analysis provides the empirical evidence between tax avoidance and alternative use of other expenses accounts. Further, this study is meaningful in the sense that it offers policy implications that the regulators should not only concern the entertainment expenses but also alternative use of other expenses accounts.