OBJECTIVE To review strategies of multinational tobacco companies aimed at keeping tobacco products affordable to smokers in Hungary and to provide background information on the Hungarian request for the delayed introduction of minimum European Union tobacco excise duty levels. METHOD Review of internal tobacco industry documents available on the World Wide Web, downloaded between 26 July 200...

Due to the integration and interrelatedness of the global economy in recent decades, the onset of financial crisis from the U.S. economy and its diffusion to the other global economies has led to the most important events and global financial crisis at the beginning of the third millennium. This investigation aims to examine the impact of financial distress on tax avoidance of the listed compan...

Our objective is to investigate the determinants of tax avoidance in Romanian companies 2013–2017. initial sample comprises 236 privately owned that are payers profit and have been found guilty evasion. This was matched with ‘compliant’ structured similarly by industry, whereas final 1674-year-observations. We defined those never prosecuted for main finding larger lower financial performance le...

We study corporate income tax competition when firms operating in multiple jurisdictions can shift income using financial planning strategies. Several such strategies, particularly intra-corporate lending, appear to be actively pursued by companies to reduce subnational corporate taxes in Canada. A simple theoretical model shows how interjurisdictional tax planning can give rise to asymmetries ...

the objective of this paper is to determine the efficiency of manufacturing companies in kenya over the period of 2009 to 2011 as well as suggesting appropriate policies to be employed by the manufacturing companies in kenya based on the findings of the study. three critical inputs variables (raw materials, staff expenses and plant and machinery) and two output variables (net sale and earnings ...

The value-added tax system in Iran has recently been focused due to its infancy, and consequently many aspects of its auditing quality, and strategies for achieving and improving the quality have not been explained. Also, it is important to asses VAT taxpayers risks in order to formulate an effective plan for selecting taxpayers for tax audit with the aim of increasing efficiency and effectiven...

State tax revenues in most countries started to decrease during the recession. Government of Latvia decided to compensate the decline by increasing rates of several taxes including excise tax on strong alcohol. The total increase in 2009 constituted 42% and the rate increased from 896€ to 1 266€ for 100l of absolute alcohol. Since then this has had a negative impact on consumption volumes and t...

The emerging stock market in Viet Nam has been developed since 2006 and affected by the financial crisis 2007-2009. This study analyzes the impacts of tax policy on market risk for the listed firms in the insurance industry as it becomes necessary. First, by using quantitative and analytical methods to estimate asset and equity beta of total 7 listed companies in Viet Nam insurance industry wit...

Tax auditing procedures include an investigation of the accounting records of a company and of other sources of information in order to assess whether the taxation has been based on correct and complete information. When there are found discrepancies between the accounting information and the real situation, the taxation should be corrected so that the eventual tax defaults are assessed and deb...