Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10489116 | Research in International Business and Finance | 2005 | 29 Pages |
Abstract
This paper explores Lithuania's competitiveness in the area of corporate income taxation. In order to assess how much freedom of action the country has in designing its own corporate income tax policy, the process of EU tax harmonization is analyzed by evaluating justification for tax harmonization, the major developments and the main outcomes of this process. Lithuania's corporate income tax system is compared with the systems in the other EU countries. Following a macro backward-looking approach, the paper calculates the measures of effective profit tax burden. Effective tax burden measures are computed for the whole enlarged EU. Such calculations are still rare in the economic literature.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
AlgÄ BudrytÄ,