Fachprüfung Steuerberater Practice Questions - Austria Fachprüfung Für Steuerberater (Statutory Tax Advisor Examination) Exam

§ 5 Abs. 1 EStG applies to commercial enterprises registered in the Commercial Register (Firmenbuch) and is bound by the Principle of Decisiveness (Maßgeblichkeitsprinzip) linking commercial GAAP (UGB) to tax accounting; § 4 Abs. 1 applies to non-commercial or non-registered enterprises and excludes corporate tax-balance-sheet linking § 5 Abs. 1 EStG is pure cash-basis accounting (Einnahmen-Ausgaben-Rechnung), while § 4 Abs. 1 is full double-entry accrual accounting § 4 Abs. 1 applies exclusively to corporations subject to corporate income tax (KStG) Both sections are identical and can be freely chosen by any taxpayer regardless of turnover