This edition of ASTbooks titled "Distribution of Profits – Tax / Accounting Treatment 2022," is an extension of our effort for a more comprehensive knowledge and information for accountants – tax experts, both experienced and newcomers to the profession, as well as students from finance schools.

Additionally, it constitutes a fundamental tool for the correct tax and accounting treatment of the distribution of profits arising within the context of year-end operations. The book includes all tax and accounting legislation as well as the main provisions of corporate law, covering the entire spectrum of legal forms (capital companies, partnerships, cooperatives, etc.).

Specifically included are: Profit distribution, Dissolution – liquidation, Receivable dividends from abroad, Foreign tax credit, Time of convening the General Assembly and approval of financial statements, Time of publication of financial statements, Dividends payable / Interim dividends domestic, Distribution - capitalization of reserves, Time of income acquisition, Intra-group dividends, Share exchange, Capital gain on transfer of shares.

Furthermore, in this edition, the relevant provisions concerning various benefits in kind and remuneration of individuals who are members, managers, and generally executives of legal entities are analyzed from a tax and accounting perspective, such as: Stock options, Use of company vehicles, Group insurance policies, Remuneration of board members and their depiction in form N, Objective expenses and presumptions, Meal vouchers, Method of taxation.

All of the above are analyzed in more than 100 examples for better understanding and facilitation of the reader. For example: Example of profit distribution in partnerships with application of the foreign tax credit method and depiction in form N, Example of profit distribution in partnerships with single-entry books and depiction in forms N and E1, Example of profit distribution in corporations, Example of profit distribution in limited liability companies with dividends received from a subsidiary corporation, Example of profit distribution in social cooperatives depicted in form N, Example of profit distribution in cooperatives (urban and agricultural) depicted in form N, Example of distribution of amounts for which income tax has not been paid, depicted in form N.

At the end of the book, special appendices are provided that include over 20 practical topics in the form of questions and answers as well as templates of financial statements.