Empirical examination of the link between value added tax and. Join the conversation and become a tax notes contributor providing analytical commentary. Robinson income inequality and redistribution in the aftermath of the 20072008 crisis. This multidisciplinary journal is a platform for premium and groundbreaking academic research. To learn about our use of cookies and how you can manage your cookie settings, please see our cookie policy. Multinational firms, journal of public economics, pp.
Allingham and agnar sandmo university of pennsylvania, philadelphia, u. May 30, 2014 the tax reform road not taken yet may 1, 2014. For the zimbabwean economy, important vat remission dates are very crucial for registered. We next demonstrate graphically how taxes and transfer bene.
New source rule proposed regs can generate unexpected eci. However, the examples show how significant tax expenditures can be, relative to the size of a countrys economy its gdp, its government spending, and overall tax revenues. Ntj national tax journal nta national tax association. Issues and problems of gst many developed and developing countries have successfully implemented gst in their countries. The goal of the national tax journal ntj is to encourage and disseminate highquality original research on governmental tax and expenditure policies. Academy of accounting and financial studies journal volume 22, issue 3, 2018 4 15282635223201. Compliance costs of goods and services tax gst among small. A scientific journal in the area of international, comparative and regional taxation from a legal and economic perspective. Tax avoidance is the legal utilization of the tax regime to ones own. Publishes the daily minimum wage rates in region ivb pursuant to wage order no.
Gst as a consumption based tax has been able to widen the tax bracket compared to other taxes, i. Therefore, higher fines simply make evading taxes more hazardous for taxpayers and should deter them from evasion. Meanwhile, in the us where vat is nonexistent, only a minor sales tax, the socalled combined statelocal sales tax rate from 0% in such states as. Abstract taxation, in virtually all countries of the world is a major source of revenue to their government. Abdirahman ibrahim adem et al international journal of business management and economic researchijbmer, vol 66,2015,296312. International tax journal for tax specialists tax notes.
In nigeria, nobody can dispute the fact that though this taxes are been collected, they are. Similar conclusions for corporate taxation provide lee and gordon 2005. The definition, measurement, and evaluation of tax. Article information, pdf download for tax compliance over the firm life course open epub for tax. The journal s goal is to bridge the gap between academic researchers and practitioners by publishing.
Direct exports of goods and services are zerorated. As recommended by theory, top marginal income tax rates have. Gregory mankiw, matthew weinzierl, and danny yagan abstract. Complex tax incentives american economic association. Taxes affect taxpayers behavior, triggering economic changes that regularly shift some or even the entire economic burden of a tax to other parties, and alter total output and incomes. One is legally accepted and the other is an offence skanda and kumarasingam, 2002 as cited by james and nobes, 2008. Write for the leading tax publication alongside a network of experts. Abdirahman ibrahim adem et al international journal of business management and economic researchijbmer, vol 66, 2015,296312. The default is a panel regression methodology and related methods of data analysis. The journal of international accounting, auditing and taxation publishes articles which deal with most areas of international accounting including auditing, taxation and management accounting. Taxation in nigeria plus history of taxation in nigeria. They conclude that economic growth is the most jeopardized by corporate tax, income tax, and consumption taxes. Aug 09, 2016 taxation in nigeria and history of taxation in nigeria a tax in nigeria is a compulsory levy imposed by the federal government of nigeria on individuals and corporate entities in respective of return of service expected from the government. Caused by sales taxes previous studies of sales taxes and crossborder shopping have typically estimated basic local demand functions, where shopping is a function of income and prices in a county and in neighboring counties, as well as the cost of transportation, of the form 1 s it fa i, y it, p ijt t, p ijt u, c ij, where p ijt.
International journal of business and social science vol. Value added tax vat is a consumption tax, levied at each stage of the consumption chain and. Taxation of corporations and their impact on economic growth. The focus of the ntj is economic, theoretical, and empirical analysis of tax and expenditure issues, with an emphasis on policy implications. Vat compliance gap in south africa, 20072012 source. Abstract most banks pay corporate income taxes, but securitization vehicles do not. National tax journal rg journal impact rankings 2018 and 2019. Taxes reduce and distort the mix of what people are willing to produce in their roles as workers, savers, and investors.
Collection from fees and charges cys 2000 2015 top national government agencies collecting fees and charges cy 2017 top 20 collecting agencies and their collections 2000 2015. Our model shows that, when a bank faces strong loan. Different arms length principles under articles 72 and 9. Guide for authors journal of international accounting. Optimal taxation in theory and practice 060109 final. This article provides a new model of tax compliance over the firm life course, focusing on the. Therefore, vat is an indirect tax system designed in the form of a final tax liability on the final consumer of goods and services ofishe, 2015. In time, though, the tax came to be accepted as a vital price for winning the war against napoleon. The new tax law came into effect from 1 january 2010. Publishes the daily minimum wage rates in western visayas pursuant to wage order no. We highlight and explain eight lessons from optimal tax theory and compare them to the last few decades of oecd tax policy. Purchase this journal at a 25% discount by subscribing to selected explorer packages. Taxation of corporations and their impact on economic.
Subdivision numbered sections divide your article into clearly defined and numbered sections. In exercise of the powers conferred by subsection 1 of section 4 and section 40 of the federal excise act, 2005, section 219 of the customs act, 1969 iv of 1969, section 50 of the sales tax act, 1990, read with subsection 2. The case of sweden 23 june 2014 tax treaty treatment of dividend related payments under share loan agreements. Access to articles in the most recent issues last two years is restricted to members of the national tax association. Issues prior to 1988 are available from jstor and other providers. They also find that charging different rates on different categories of goods rather than a flat. Manuscripts should be typewritten and doublespaced on 8 1 2 by 11 white paper. A recent national bureau of economic research working paper assessing optimal sales tax policies has found that exempting some services like health and education from a hypothetical national sales tax would amount to only a 3 percent revenue loss. The difference comes in the way these taxes are implemented. Volume 73, issue 1, 2020 the eitc and employment transitions. We then extend the previous literature on marginal tax rates by using the urban institute s net income change calculator nicc 1 to provide information for sample.
Government of pakistan revenue division federal board of revenue islamabad, the 30th june, 2015 notification sales tax s. The taxation system in oman is based on permanent establishment concept. Some are paid directly by you, such as the dreaded income tax, wealth tax, corporate tax etc. We use the fact that social security taxes are only levied on earnings below a statutory threshold to identify the impact of the tax preference.
Tax compliance over the firm life course erik stam. Taxes are of two distinct types, direct and indirect taxes. Corporate taxes and securitization han 2015 the journal of. While a part of the revision due to adoption of sna 2008 1. A number of other zeroratings and exemptions are also provided for. Page 1 of 15 overview of taxation in oman taxation system the taxation system in oman is regulated by the tax law issued vide royal decree no. For example, in korea, tax expenditures across all taxes comprise more than 14 percent of all central government tax and non. How marginal tax rates affect families at various levels of. Impact of tax administration on government revenue in a. Income taxes are levied at the place of source of income while consumption taxes are levied at the place of destination oecd, 2014. List of issues south african journal of accounting research. By closing this message, you are consenting to our use of cookies.
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