Guidelines for Tax Development of Community Enterprises in Khon Kaen Province

Abstract

This research aims to examine tax-related issues and provide guidelines for enhancing tax knowledge among community enterprises in Khon Kaen province, with a focus on problems related to corporate income tax and value-added tax accounting. A sample group of 400 people was selected for data collection using a questionnaire. The statistical used included; 1. the percentage and 2. the Exploratory Factor Analysis (EFA). The findings revealed that those responsible for managing or preparing the accounts for community enterprises have limited experience in accounting and taxation, and a poor understanding of tax accounting principles. There were mainly seven tax-related problems; 1) tax deduction for bad debts,     2) depreciation calculation, 3) classification of income exempt from corporate income tax, 4) sales of goods under lease agreements, 5) provision of services under contracts, 6) sales through agents, and 7) determining the tax base for the sale of goods or services. Therefore, the study provided solutions through the promotion of tax knowledge via training programs and the creation of easy-to-use accounting and tax manuals. These measures would support community enterprise operators comply with tax laws correctly and reduce the risk of legal violations. Additionally, it is recommended that the government should continuously update on accounting and tax information, and prepare the good consults effectively.