인플레이션 하에서의 소득세조정 방안에 관한 연구

Inflation can affect the whole taxation system with the distortion of real value in the measurement ofbusiness accounting. Especially, the application of the substance maintenance model, i.e.,the current cost modeland the adjustment of tax rate to inflation have attracted lots of attentions both in the theory and in the practice. The purpose of this study is also to examine the suitability of the above mentioned measures as a means foradjustment of income tax to inflation. To sum up, the substance maintenances model is extremely restricted for the application in the tax accountingowing to one-sided consideration of the purchase price. Accordingly, we can conclude that the adjustment of the tax-rate is more suitable as a taxation measureagainst inflation in comparison with the substance maintenance model.