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dc.contributor.authorAhmed, Saeeden_GB
dc.date.accessioned2004-06-16T16:05:41Z
dc.date.available2004-06-16T16:05:41Z
dc.date.created2004-01en_GB
dc.date.issued2004-06-16T16:05:41Z
dc.identifier.urihttp://www.dspace.cam.ac.uk/handle/1810/391
dc.identifier.urihttps://www.repository.cam.ac.uk/handle/1810/391
dc.description.abstractThis paper presents a micro-econometric approach to corporate tax modelling. Using firm level panel data of UK companies in three diverse sectors, the paper examines the impact of different variables on corporate tax liabilities of the firms. Many strong results stand out which suggest that firms reduce their tax liabilities through different channels and tax sheltering activities to maximise �after-tax� profits. The evidence shows, inter alia, that not only are trading profits and capital gains important determinants of corporation tax payments but so also are their components, such as gross profit, cost of sales, expenses, and even one-off �exceptional items� and �extraordinary items�. The results also indicate that firms� size, organisational structure, investments, and financial and dividend policies are important factors impacting on corporate tax liabilities. Moreover, different tax reliefs and allowances are strongly associated with corporation tax payments asymmetrically. The findings have implications for microsimulation modelling, financial transparency, and corporate governance.en_GB
dc.format.extent245494 bytes
dc.format.mimetypeapplication/pdfen_GB
dc.format.mimetypeapplication/pdf
dc.language.isoen_GB
dc.publisherFaculty of Economics
dc.relation.ispartofseriesCambridge Working Papers in Economics
dc.rightsAll Rights Reserveden
dc.rights.urihttps://www.rioxx.net/licenses/all-rights-reserved/en
dc.subject.classificationClassification-JEL: C33, E17, G32, G35, H25, H32en_GB
dc.subject.otherCorporate income tax, panel data, corporate structure, financial and dividend policy, revenue estimation and forecasting, microsimulation modellingen_GB
dc.titleModelling corporate tax liabilities using company accounts: a new frameworken_GB
dc.typeWorking Paperen
dc.identifier.doi10.17863/CAM.5417


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