scholarly journals Effective Profit Taxation and the Elasticity of the Corporate Income Tax Base: Evidence from German Corporate Tax Return Data

2008 ◽  
Author(s):  
Nadja Dwenger ◽  
Viktor Steiner
Keyword(s):  
Income Tax ◽  
Corporate Income Tax ◽  
Corporate Tax ◽  
Tax Base ◽  
Return Data

scholarly journals Possibilities of harmonization of direct taxes in the EU

2017 ◽  
Vol 14 (2) ◽  
pp. 191-199 ◽  
Author(s):  
Adela Feranecová ◽  
Eva Manová ◽  
Marek Meheš ◽  
Jana Simonidesová ◽  
Slavomíra Stašková ◽  
...  
Keyword(s):  
Income Tax ◽  
Slovak Republic ◽  
Complex Problem ◽  
Corporate Income Tax ◽  
Corporate Tax ◽  
Tax Base ◽  
Member States ◽  
Eu Member States ◽  
Tax Harmonization ◽  
The Eu

Currently, indirect taxes in the EU are highly harmonized, however, harmonization of direct taxes is still a very complex problem. Many EU member states refuse to give up their tax sovereignty, which would become considerably limited because of the har¬monization of direct taxes. Today, attention is paid to the harmonization of the tax base of corporate income tax, while a number of ways are under consideration. The European Council has issued a draft of Directive for a common consolidated tax base of corporate income tax in 2011 and updated in 2012. This draft must be approved by all member states, but some of them, however, have expressed on the draft in negative way. Because of the severity of this problems, the authors decided to focus on this topic within this article, which deals with the calculation of the tax base by the laws of the Slovak Republic and by Common Consolidated Corporate Tax Base (CCCTB); and evaluate whether the tax harmonization of direct taxes would be advantageous for the particular business.

scholarly journals The European Commission Proposal for a Council Directive on a Common Corporate Tax Base (CCCTB) as an Example of Applying Financial Accounting Standards in Taxation on the Corporate Income Tax

Teisė ◽  
2021 ◽  
Vol 119 ◽  
pp. 52-65
Author(s):  
Martynas Endrijaitis
Keyword(s):  
European Commission ◽  
Income Tax ◽  
Accounting Standards ◽  
Legal Regulation ◽  
Financial Accounting ◽  
Corporate Income Tax ◽  
Corporate Tax ◽  
Tax Base ◽  
Council Directive ◽  
Accounting Rules

This article discloses the conception of CCCTB and the relations between CCCTB and the legal regulation of financial accounting, including an analysis of concrete examples of how financial accounting rules are applied in CCCTB. The research highlights the necessity of applying financial accounting standards in CCCTB.

scholarly journals Measuring the Effects of Corporate Tax Cuts

2018 ◽  
Vol 32 (4) ◽  
pp. 97-120 ◽  
Author(s):  
Alan J. Auerbach
Keyword(s):  
Multinational Corporations ◽  
Income Tax ◽  
Capital Investment ◽  
Corporate Income Tax ◽  
Tax Law ◽  
Corporate Tax ◽  
The Law ◽  
Jobs Act ◽  
The Impact ◽  
Tax Cuts

On December 22, 2017, President Donald Trump signed the Tax Cuts and Jobs Act (TCJA), the most sweeping revision of US tax law since the Tax Reform Act of 1986. The law introduced many significant changes. However, perhaps none was as important as the changes in the treatment of traditional “C” corporations—those corporations subject to a separate corporate income tax. Beginning in 2018, the federal corporate tax rate fell from 35 percent to 21 percent, some investment qualified for immediate deduction as an expense, and multinational corporations faced a substantially modified treatment of their activities. This paper seeks to evaluate the impact of the Tax Cuts and Jobs Act to understand its effects on resource allocation and distribution. It compares US corporate tax rates to other countries before the 2017 tax law, and describes ways in which the US corporate sector has evolved that are especially relevant to tax policy. The discussion then turns the main changes of the Tax Cuts and Jobs Act of 2017 for the corporate income tax. A range of estimates suggests that the law is likely to contribute to increased US capital investment and, through that, an increase in US wages. The magnitude of these increases is extremely difficult to predict. Indeed, the public debate about the benefits of the new corporate tax provisions enacted (and the alternatives not adopted) has highlighted the limitations of standard approaches in distributional analysis to assigning corporate tax burdens.

THE COMPARISON OF CORPORATE INCOME TAX IN LATVIA AND LITHUANIA

2017 ◽  
pp. 20
Author(s):  
Jūlija Ščeglova ◽  
Iveta Mietule
Keyword(s):  
Income Tax ◽  
The State ◽  
Corporate Income Tax ◽  
Tax Rates ◽  
State Budget ◽  
Tax Base ◽  
Tax Rate ◽  
Common Features ◽  
Advance Payment ◽  
Tax Payers

Corporate income tax is one of the important taxes that provide revenues to the state budget. Article contains a comparison between Latvian and Lithuanian existing legislation relating to corporate income tax, studied differences between the tax rates, tax base, tax period and taxpayers. Were described differences that are related to the advance payment calculation, as well as created an example that shows how advance payments are calculated in Latvian and Lithuanian companies. As a result, it was found that there are several common features in the Latvian and Lithuanian legislation, with regard to corporate income tax, for example, the tax payers, taxation period, tax rate, the taxable amount. But there are several differences, such as the nuances of rates for non-residents, depending on the type of revenue, advance payment deadlines and other particularities of the calculation of the advance payments. Also differ corporate income tax payment deadlines. It was concluded that making advance payments in Lithuanian enterprises is more profitable, because it was calculated that at the same conditions, the amount of advances in Lithuania is lower than in Latvia.

scholarly journals EMPIRICAL RELATIONSHIP BETWEEN CORPORATE INCOME TAX, GOVERNMENT REVENUE, AND EMPLOYMENT IN OECD COUNTRIES

2021 ◽  
Vol 7 (3(43)) ◽  
pp. 18-33
Author(s):  
Vassilios Zoumpoulidis
Keyword(s):  
Correlation Analysis ◽  
Income Tax ◽  
Empirical Relationship ◽  
Oecd Countries ◽  
Corporate Income Tax ◽  
Government Revenue ◽  
Corporate Tax ◽  
The Impact

This paper applies the technique of correlation analysis to find out the impact of corporate tax on government revenue and employment in OECD countries. The findings of the study suggest that there is no relationship between corporate income tax, government revenue, and employment during 2000 and 2019.

scholarly journals PENERAPAN PPH BADAN FINAL BERDASARKAN PERATURAN PEMERINTAH NO. 46 TAHUN 2013 PADA CV. YELLOW DUCK BANJARBARU

2018 ◽  
Vol 4 (2) ◽  
Author(s):  
Yudi Rahman
Keyword(s):  
Income Tax ◽  
Government Regulation ◽  
Corporate Income Tax ◽  
Net Income ◽  
Analysis Method ◽  
Corporate Tax ◽  
Descriptive Data ◽  
Tax Amnesty ◽  
The Government ◽  
To Come

Abstract: The purpose of this study is to analyze the implementation of the final corporate income tax based on Government Regulation no. 46 of 2013 on the CV. Yellow Duck Banjarbaru. This research uses descriptive data analysis method. Research conducted by the authors to give the conclusion, that: the implementation of Final Income Tax by Government Regulation No. 46 of 2013 on the CV. Yellow Duck Banjarbaru, concludes that: New tariff calculation based on PP. 46 of 2013 there is no need for fiscal correction, because the calculation is not from net income, but from gross income. So hopefully in the future, from the results of research provide input on the CV. Yellow Duck, to apply and make payments in the years to come. Implementation of the final corporate income tax based on Government Regulation no. 46 of 2013 on the CV. Yellow Duck Banjarbaru with annual gross turnover of less than Rp. 4.800.000.000, - that is Rp. 2.283.408.000, - in the period of 2016 with the rate of Corporate Tax 1% then obtained the total value of corporate income amounting to Rp. 22.834.080, -. While the tax amnesty is the government policy given to taxpayers about forgiveness / forgiveness of taxes, and in exchange for the pardon the taxpayer is required to pay the ransom, obtained the value of corporate tax on the basis of tax amnesty rate of 0.5% with less gross revenue Rp. 4.800.000.000, - on the CV. Yellow Duck period 2016 is Rp. 11.417.040, -.Keywords: PP 46 Year 2013, Corporate Income, CV. Yellow DuckAbstrak: Tujuan penelitian ini untuk menganalisis penerapan PPh badan final berdasarkan Peraturan Pemerintah No. 46 Tahun 2013 pada CV. Yellow Duck Banjarbaru. Penelitian ini menggunakan analisis data metode deskriftif. Penelitian yang dilakukan oleh penulis memberikan kesimpulan, bahwa: penerapan PPh Badan Final berdasarkan Peraturan Pemerintah Nomor 46 Tahun 2013 pada CV. Yellow Duck Banjarbaru, memberikan kesimpulan bahwa: Perhitungan tarif baru berdasarkan PP No. 46 tahun 2013 tidak perlu dilakukan koreksi fiskal, karena perhitungannya bukan dari laba bersih, melainkan dari peredaran bruto. Sehingga diharapkan kedepannya, dari hasil penelitian memberikan masukan pada pihak CV. Yellow Duck, untuk diterapkan dan dilakukan pembayaran pada tahun-tahun kedepannya. Penerapan PPh badan final berdasarkan Peraturan Pemerintah No. 46 Tahun 2013 pada CV. Yellow Duck Banjarbaru dengan nilai peredaran bruto per tahun perusahaan kurang dari Rp. 4.800.000.000,- yaitu sebesar Rp. 2.283.408.000,- pada periode tahun 2016 dengan tarif PPh Badan 1% maka diperoleh nilai total PPh Badan sebesar Rp. 22.834.080,-. Sementara dengan adanya tax amnesty yaitu kebijakan pemerintah yang diberikan kepada pembayar pajak tentang forgiveness/ pengampunan pajak, dan sebagai ganti atas pengampunan tersebut pembayar pajak diharuskan untuk membayar uang tebusan, diperoleh nilai PPh Badan berdasarkan tarif tax amnesty 0,5% dengan peredaran bruto kurang dari Rp. 4.800.000.000,- pada CV. Yellow Duck periode 2016 adalah sebesar Rp. 11.417.040,-.Kata kunci : Peraturan Pemerintah 46 Tahun 2013, Penerpan PPh Badan, CV. Yellow Duck

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