Nobody downloaded yet

Determinants of Effective Tax Rate in Thailand - Research Proposal Example

Comments (0) Cite this document
Summary
The goal of this research is to assess the overall success and focus of Thailand's corporate tax burden, and the reforms that the government plans to implement. By doing so, the researcher hopes to provide evidence that the Thai tax system is implementing successful tax corporate reforms, thus placing its country on the correct path to overall economic reform…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Determinants of Effective Tax Rate in Thailand
Read TextPreview

Extract of sample
"Determinants of Effective Tax Rate in Thailand"

Download file to see previous pages Tax changes can be analyzed, and thus a conclusion can be reached. Furthermore, the researcher has also been able to grasp a solid understanding of the tax concepts through the research, gaining important concepts like solid definitions and clear indications of the corporate tax burden and how corporations in Thailand are affected. Two important ideas will be analyzed through the literature; that of tax policy, and that of tax rules and the evolution of the corporate income tax. By taking a close look at these concepts, the researcher should be able to make an informed decision about the success of the corporate tax burden, and demonstrate the fact that the corporate tax reforms are allowing Thailand to become a more successful nation economically.
First, when taking a close look at the corporate tax burden in Thailand, it is important to consider tax policy. Tax policy will allow the researcher to determine how Thailand's reforms are economically measuring up to other Asian nations and their economic reforms. A comparative analysis is always beneficial in allowing a researcher to see whether or not certain systems are successful, and this is also true of the corporate tax system in Thailand. There are a few helpful articles that describe this concept. In the article "Tax policy and reform in Asian countries: Thailand's perspective," Sujapongse presents a complete overview of Thailand's tax system. Within this description, the major taxes that are required by the central government, as well as the local taxes required by the local government, are discussed. Furthermore, the author also discusses more recent tax reforms, including the value added tax (VAT), which has replaced the business tax to customs tariff reform. The author also discusses current and modern day issues dealing with taxes, including the concepts of decentralization impediments, direct taxation, indirect taxation, and tax base.
After this discussion, the author then proceeds to provide the researcher with a picture of the government's plans. Basically, the government is planning to use more and more technology in while handling taxes, thus allowing for Thailand to have e-government services and e-taxes. Furthermore, the "Roadmap for Tax Reform" is also discussed, and this helps to demonstrate the framework for future plans of taxation networks in Thailand. Tax issues are also discussed, and the author predicts the future of Thailand's ability to reform taxes. This author agrees with the concept of this research, and argues that Thailand is on path to effective corporate tax reform, thus benefitting the overall economy. The tax reforms, when compared to the economic success of other Asian countries, demonstrate that Thailand's economy is benefitting greatly from corporate tax reform, and doing much better when competing with other Asian nations in the corporate world. Furthermore, Thailand's focus on technology and the future also demonstrate the nation's desire to become a key player economically on a global scale. This article therefore backs up the researcher's argument that corporate tax reform is allowing Thailand to improve its economy, and thus help it become more important economically in the world.
Another article that helps the researcher take a closer look at tax policy is the article "Thailand: Tax Measures to ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Determinants of Effective Tax Rate in Thailand Research Proposal”, n.d.)
Determinants of Effective Tax Rate in Thailand Research Proposal. Retrieved from https://studentshare.org/miscellaneous/1534603-determinants-of-effective-tax-rate-in-thailand
(Determinants of Effective Tax Rate in Thailand Research Proposal)
Determinants of Effective Tax Rate in Thailand Research Proposal. https://studentshare.org/miscellaneous/1534603-determinants-of-effective-tax-rate-in-thailand.
“Determinants of Effective Tax Rate in Thailand Research Proposal”, n.d. https://studentshare.org/miscellaneous/1534603-determinants-of-effective-tax-rate-in-thailand.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Thailand
...and the financial system was largely bankrupt. The economic damage due to this crisis was substantial. It eroded some of the gains that Thailand had made (Mason 312). Since the start of the crisis, Thailand’s economic recovery was moderate and her real GDP was slightly below the log-term trend rate. However, the main question as at now is; where did this rapid economic growth source from. The growth framework has focus on the determinants of aggregate supply as relevant on the specific periods. The Thailand’s impressive growth lies on the primary growth of capital stock. The domestic and foreign investment grew rapidly, but the growth...
12 Pages(3000 words)Research Paper
Tax avoidance,tax evasion,tax mitigiation
...and IRC v. Burmah Oil Co. Ltd., [1982] S.T.C. 30, H.L.(Sc.)decided by the House of Lords in connection with tax payment and schemes resorted to avoid it. In this case, the company in order to lessen the amount of taxes for the transaction of transfer of assets and payment resorted to scheme by drafting sets of documents, which are in effect revoking the other documents or which are referred to as "self-cancelling series of transactions". A taxpayer has the right to put his or her assets beyond the arms of the law by executing instruments for the transfer so as to eliminate payment of taxes like capital gain tax. Although each transaction does not appear...
8 Pages(2000 words)Essay
The Exchange Rate Regime of Thailand, purchasing power parity of Thailand
...was broken. Afterwards, the Effective Rate was placed a controlled and was allowed to float within a limited range (Controlled Floating Rate). Between the years 1984 and 1990, the basket of currencies was revised for twice and composed of 10 currencies of Thailands major trading partners. During the period of 1984-1997, the Exchange Equalization Fund (EEF) defended the Baht value against the U.S. Dollar by using some monetary and financial measures in line with the pegged exchange rate regime. Since 2 July 1997, Thailand has adopted the managed-float exchange rate regime, of which market forces...
16 Pages(4000 words)Essay
The Determinants of Effective Leadership
...Outline The Introduction defines the concept of Effective Leadership; and the significance of the various factors towards determining effective leadership. The research question or purpose of the paper is stated. The Discussion explains first the basic premises about leadership effectiveness, then the various determinants of effective leadership such as the critical role of followers, the importance of attitude, emotional intelligence, social intelligence and the biology of leadership, the cognitive resource theory in effective leadership, and effective communication as key to successful...
8 Pages(2000 words)Essay
Determinants of Effective Tax Rate in Thailand
...Research Proposal: Determinants of Effective Tax Rate in Thailand Factors involved in determining the effective tax rates for corporate tax burdens in Thailand Background and Motivation Welfare measures like health and insurance services, transport services, security measures, fire services etc. are some of the important types of public services which a government arranges for the general public. The cost incurred in such public services is to be borne by the governments. Collecting different types of taxes is one important source of such...
5 Pages(1250 words)Research Proposal
Effective Tax Cut: Who makes better use of tax cuts
...and the creation of job opportunities. This would increase productivity and boost the economy. The unemployment problem would thus be solved by the many expanding businesses that would increase their demand for labor. Since the investments would increase at all levels, other businesses from all over the world would also be enticed to invest in the country due to fair tax rates at the upper class level (Fox para 4). Skeptics would criticize the opinion above as invalid since tax cuts for businesses would just give more money to the rich (Kogan & Aron-Dine). Most of the businesses existing today are owned by the filthy rich members of the society so the move would have minimal...
8 Pages(2000 words)Essay
Determinants of an Exchange Rate
...Determinants of an Exchange Rate Introduction Exchange rate is defined by Johann (2005: 5) as “prices for specific commodities, the currencies.” Just like in a goods market, exchanges rates in the financial markets are determined by forces of supply and demand. However, it all depends on the exchange rate regime being adopted by the particular country. The exchange rates have a strong effect on the economy as they affect production, real interest rates, domestic credit, terms of trade, employment and tourism (Levich, 2001). As such it is very important for policy makers to understand...
9 Pages(2000 words)Essay
Health determinants
...Health Determinants 02/18 Introduction The patient was diagnosed with depression, characterized by low self-esteem, not wanting to participate in any activity in the society, as well as symptoms related to schizophrenia such as hallucinations. Social determinants of health significantly influenced the mental well-being of this patient. Jacobsen (2014) notes that the social determinants of health are molded by the manner in which wealth and resources are distributed in the society and those who have no access to them significantly suffer mentally, due to lack of essential building blocks of life. The patient encountered hardships as a result of his lack of income. He was unable to provide...
5 Pages(1250 words)Assignment
Tax
...policies seek to balance the returns by increasing the rates levied on the rich and a reduction in the middle class. According to an article by Julie Hirscheld, suggests that Obama’s administration proposes a reshape of the tax code to assist the working families (Hirschfeld, n.p). I think this is a noble proposal since it will enable the middle class members to have enough money for saving purposes and job creation. Considering this, the banks will also initiate strategies that shall curb inflation and maximum collection of revenues. The notable disadvantage of increasing tax for the wealthy is that it will reduce foreign investment prospects. This is because of the fear that the...
2 Pages(500 words)Essay
TAX
...their best to dissociate themselves by following the right channels. Effectiveness of ICAEW Code in Tax Planning ICAEW stipulates the illegality of evading tax and the consequence of such action is punishable hence members are obliged to follow necessary laws. ICAEW member should at no circumstance whether knowingly or unknowingly engage in actions related to tax evasion and members are advised to act for clients who comply. Therefore considering this, tax planning is necessary for any corporation and taxpayers are required to plan their activities within the law to reduce the amount of tax they pay (Myles, 2000). Involving in...
9 Pages(2250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Proposal on topic Determinants of Effective Tax Rate in Thailand for FREE!
Contact Us