The Corporate Income Tax in the Long Run: A Comment

ABSTRACTThis study examined the effect of taxation on investment in Nigeria from 1970 to 2018. Relevant secondary data were obtained from Central Bank of Nigeria (CBN) Statistical Bulletins and Federal Inland Revenue Services Bulletin from 1970 to 2018. Regression analysis technique, Units root test, Johansen co-integration, Vector Error-Correction Model, and Granger causality tests were employed to determine the long run relationship and causality links among the variables. Results showed that PPT and Value added tax had positive significant impact on INV both in the short run and in the long run while Company income tax, and Custom and Excise duties impacted INV negatively. It is concluded that all components of taxes had positive significant impact on investment in Nigeria except corporate income tax. Corporate income tax had negative significant impact on investment both in the short run and in the long run.

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The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists

The American Economic Review ◽

10.1257/aer.20150508 ◽

2017 ◽

Vol 107 (7) ◽

pp. 1858-1903 ◽

Cited By ~ 65

Author(s):

Enrico Moretti ◽

Daniel J. Wilson

Keyword(s):

Income Tax ◽

Geographical Location ◽

Income Taxes ◽

Corporate Income Tax ◽

Migration Patterns ◽

Investment Tax Credit ◽

Long Run ◽

Star Scientists ◽

Business Tax ◽

State Taxes

We quantify how sensitive is migration by star scientists to changes in personal and business tax differentials across states. We uncover large, stable, and precisely estimated effects of personal and corporate taxes on star scientists' migration patterns. The long-run elasticity of mobility relative to taxes is 1.8 for personal income taxes, 1.9 for state corporate income tax, and −1.7 for the investment tax credit. While there are many other factors that drive when innovative individuals and innovative companies decide to locate, there are enough firms and workers on the margin that state taxes matter. (JEL H24, H25, H71, H73, J44, J61, R32)

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The Corporate Income Tax in the Long Run

Journal of Political Economy ◽

10.1086/257898 ◽

1957 ◽

Vol 65 (2) ◽

pp. 151-157

Author(s):

M. A. Adelman

Keyword(s):

Income Tax ◽

Corporate Income Tax ◽

Long Run

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Long-run effective corporate income tax rates in banks: A case of the Republic of Serbia

Bankarstvo ◽

10.5937/bankarstvo1903012v ◽

2019 ◽

Vol 48 (3) ◽

pp. 12-31

Author(s):

Stefan Vržina

Keyword(s):

Income Tax ◽

Corporate Income Tax ◽

Tax Rates ◽

Long Run ◽

The Republic

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The Corporate Income Tax in the Long Run: Reply

Journal of Political Economy ◽

10.1086/258082 ◽

1958 ◽

Vol 66 (5) ◽

pp. 446-447

Author(s):

M. A. Adelman

Keyword(s):

Income Tax ◽

Corporate Income Tax ◽

Long Run

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The investment activity of Russian business: Relationships with corporate income tax burden

International Accounting ◽

10.24891/ia.23.7.800 ◽

2020 ◽

Vol 23 (7) ◽

pp. 800-823

Author(s):

A.A. Razuvaeva ◽

N.V. Pokrovskaya

Keyword(s):

Income Tax ◽

Systems Approach ◽

Corporate Income Tax ◽

Federal State ◽

Tax Burden ◽

Return On Assets ◽

Investment Activity ◽

Analysis And Synthesis ◽

Tax Benefits

Subject. This article assesses the role of tax incentives for the Russian business' investment behavior. Objectives. The article aims to identify the relationship between the corporate income tax burden as an indicator responding to tax benefits application and the investment activities of Russian companies. Methods. For the study, we used the methods of analysis and synthesis, and the systems approach. The analysis covers the period from 2012 to 2018. The data of the Russian Federal State Statistics Service, Federal Tax Service of Russia, and the Ministry of Finance of the Russian Federation are the source of information for analysis. Results. The article summarizes the characteristics of the investment activity of the Russian business. However, the article does not reveal any obvious relationship between the income tax burden and the investment activity of the Russian business in the 2010s. There is also no link found between fixed investment and return on assets. Conclusions. The increase in income tax burden in the late 2010s, accompanied by a decrease in profitability, poses a threat to the active investment development of Russian organizations.

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