Problematic aspects of the connection between financial accounting standards and legal entities’ taxation on corporate income

ENThe purpose of this article is to analyse and assess comprehensively, in theoretical and practical aspects, the theoretical and practical problems of application of financial ac-counting standards when imposing tax on corporate income of legal entities, provide po-tential solutions to the problems, thus identifying necessary changes in tax law in the Republic of Lithuania. Keywords: financial accounting, corporate income tax, tax law, financial accounting law, taxation. [From the publication]