浅谈图书生命周期中的税收筹划

由于税收的无偿性决定了纳税人税款的支付是资金的净流出。虽然依法纳税是纳税人应尽的义务,但是,对于纳税人来说,无论纳税多么正当合理,都是纳税人经济利益的一种丧失。在收入、成本、费用等条件一定的情况下,纳税人的税后利润与纳税金额互为增减。因此,一种能合法地减少应纳税款,节约税收支出,实现利润最大化的方法即税收筹划就应运而生。所谓税收筹划是指在顺应税法意图、完全不违背立法精神的前提下,当存在两种或两种以上的纳税方案可供选择时,选择最优方案,实现纳税最少,达到税后利润最大化的行为。当然,税收筹划对图书行业也不例外,在图书的整个生命周期中税收筹划无处不在,下面就从图书的生命周期中简述税收筹划的几种方法。     

企业并购行为与税收筹划

企业并购是企业对外扩张、实现发展的重要方式,并购行为不可避免地涉及到企业的税务问题.下面就企业并购中各个重要环节的纳税筹划进行分析     

基于企业生命周期理论的企业税务筹划研究

在企业的生产经营成本中,税收支出是一个不容忽视的组成部分,而伴随着税收体制改革的深化,做好税务筹划工作,在合理合法的范围内降低企业税收成本,提高经济效益,成为企业关注的重点课题.本文结合企业生命周期理论,对其税务筹划工作进行了简要分析和探讨.     

企业如何进行税收筹划？

企业经营的目的之一是获利，税收是企业支出构成的一部分，因此，就像节约费用、节约成本一样，为了获利，企业开始了“税收筹划”。     

浅谈企业税收筹划

随着我国市场经济的发展，企业作为市场主体的地位已逐步明确，企业越来越关心自身成本的高低，越来越重视税收支出和纳税成本，因此纳税筹划逐渐被越来越多的企业关注。     

税收筹划原因新解

本文首先介绍了税收的概念和起源,其次提出了企业税务筹划形成的原因,之后得出采本文的结论。     

Compliance Costs of Corporate Income Taxation in Singapore

This study is the second in a series of studies investigating tax compliance costs incurred by public-listed companies. We found evidence of a size effect which is a predominant finding of similar studies. The size effect was more pronounced when absolute measures of costs were used than when a relative measure, cost/sales turnover, was used. Additional evidence was found of limited success relating to the IRAS's moves to simplify the tax system. Specifically, only large companies with sales turnover exceeding $500m benefited and considerably reduced their overall compliance costs. Most of the decrease was a result of the computational component of compliance costs. This resulted in the gap in absolute costs narrowing between Group 3 and any of the other categories of companies. There was also greater reliance on external professionals, the smaller the company. Views elicited indicate that more could be done to increase accessibility to IRAS publications for Group 1 and Group 2 companies.     

Tax Motivated Income Shifting and Korean Business Groups (Chaebol)

Abstract:  This paper examines tax-induced income shifting behavior among affiliated firms in Korean business groups (chaebols). Korean corporate income tax law does not require consolidated tax returns, and business groups with a large number of affiliated member firms have incentives to shift income across member firms to reduce the overall taxes of the group. For a large number of Korean companies that are subject to external audits, we perform univariate and multivariate regression analyses on the income shifting behavior of chaebol firms compared with non-chaebol control firms. Our evidence suggests that tax-motivated income shifting activities exist among chaebol firms, and that the extent of income shifting is found to depend on its effect on non-tax cost factors such as the earnings, leverage, and cash flow rights of the controlling shareholders. We also find that income shifting is more pronounced in chaebol firms where the control-cash flow divergence is relatively large, suggesting that income shifting is affected by the controlling shareholders' opportunism. Our study provides some insights on the intra-group income shifting activities where research is limited.     

Economic Effects of Taxing Different Organizational Forms under the Nordic Dual Income Tax

This paper analyzes the economic effects of income splitting rules for closely held corporations and sole proprietorships/partnerships under the Nordic dual income tax. Income is split by imputing a return to capital, but the methods used for this differ between the Nordic countries. With a few notable exceptions, income splitting does well in the sense that the cost of capital is approximately the same in closely and widely held corporations. The special tax rules for sole proprietorships/partnerships manage to neutralize the impact of the high labor income tax on the cost of capital.     

基于契约理论的企业投资有效纳税筹划

运用税收契约理论,通过合作契约形成企业间合作模式、调整投资方式降低不确定性情形下税负等纳税筹划措施,企业可以在投资决策中进行有效的纳税筹划,实现股东财富最大化的目标。     

Does Private Country-by-Country Reporting Deter Tax Avoidance and Income Shifting? Evidence from BEPS Action Item 13

To combat tax avoidance by multinational corporations, the Organisation for Economic Co-operation and Development introduced country-by-country reporting (CbCr), requiring firms to provide tax authorities with a geographic breakdown of their profitability and activities. Treating the introduction of CbCr in the European Union as a shock to private disclosure requirements, this study examines the effect on corporate tax outcomes. Exploiting the €750 million revenue threshold for disclosure and employing regression-discontinuity and difference-in-differences designs, I document a 1–2 percentage point increase in consolidated GAAP effective tax rates among affected firms. I also find evidence consistent with a decline in tax-motivated income shifting, starting in 2018. These results suggest that, although private geographic disclosures can deter corporate tax avoidance, so far, the regulations have had a limited effect on tax-motivated income shifting. My findings have policy implications for the global implementation of private CbCr and extend the debate on public versus private disclosure of tax information.     

Taxation, Uncertainty, and the Cost of Equity

Traditionally the pre-tax cost of capital is a function of the interest rate and the tax system. However, uncertainty implies that the market's required return is no single interest rate, but depends on risk. Different tax systems split risk differently between firm and government. Thus the required expected return after corporate taxes depends on the tax system. Expressions for this are derived, based on a CAPM-type model. The weighted average cost of capital is decreasing in the tax rate, even for fully equity financed projects. This effect can be substantial, but is neglected in much of the literature.     

Taxes and production: The case of Pakistan

This paper investigates the effectiveness of investment incentives and corporate income taxes in influencing production and investment decisions in the Pakistani wearing apparel and leather products industries. Three tax instruments are considered: the corporate income tax (CIT), the investment tax credit (ITC), and the capital cost allowance (CCA).The results show that since there are significant capital adjustment costs, it is important to distinguish between the short, intermediate, and long-run effects associated with the tax instruments. Production decisions are relatively more responsive to changes in the ITC rate compared to changes in either CCA or CIT rates in each run. However, only in the long run for the apparel industry are the ITC and CCA rates cost effective in stimulating investment. The CIT is never cost effective. Thus targeted instruments outperform the general CIT instrument. In addition, although the incentive to invest is enhanced, there is little effect on output. Therefore, tax incentives essentially make production techniques more capital intensive.