Value creation, corporate income taxation and tax evasion – an overview

• Autores: Sandra Cristina Capa Farragola Santos Capitão, Candido J. Peres Moreira, Catarina Carvalho Peres Terrinca, João Manuel Afonso Geraldes
• Localización: International Journal of Professional Business Review: Int. J. Prof.Bus. Rev., ISSN 2525-3654, ISSN-e 2525-3654, Vol. 9, Nº. 9, 2024 (Ejemplar dedicado a: Continuous publication; e04942)
• Idioma: inglés
• DOI: 10.26668/businessreview/2024.v9i9.4941
• Enlaces
  • Texto completo (pdf)
• Resumen

  • Objective: Globally present the status of the main Portuguese corporate income taxes, as well as a general and theoretical overview of their aggregation, in terms of the effective tax burden. The informal economy and tax evasion problem will also be exposed, as a global approach to its implications, measures to combat and the relationship with the evolution of the tax burden.

      Method: was made a brief approach to the Laffer Curve at the Corporate Income Tax level, Municipal Surcharge and effective tax payment, contextualizing “Pagamento por Conta” and Additional “Pagamento por Conta” and of the state of the art of the parallel economy and tax evasion, regarding existing measures for prevention and combat.

      Results and Discussion: The central point in the current determination of the tax base is the assumption that the creation of value is, therefore, income corresponding to the accounting result after adjustments. However, this does not consider the company's financial effort of effectively generating this result. It is therefore important to discuss more than new adjustments that may be necessary or changes to the rates’ usage with differential installments, an effective change in the tax base, replacing its current calculation, by determination via added value.

      Research Implications: The hypothetical change in the corporate income taxation tax base, witch for the time being is the generated result, after being subject to some corrections, to effectively tax the business creation of value instead.

      Originality/Value: Regardless of the maintenance of penalties for less correct behavior the application of the tax calculation on the value created would an equitable encourage taxation, making the creation of value effectively subject to tax and not the simply difference in income and corrected expenses, bringing into the determination of the tax base the cost of generating the result, thus, considering the whole company.

• Referencias bibliográficas
  • Batista da Costa, C. & Alves, G. C. (2014). Contabilidade Financeira (9a ed.). Rei dos Livros ISBN: 978 989 8305 84 8.
  • Carlos, A. B., Abreu, I. A.¸ Durão, J. R. & Pimenta, M. E. (1998). Guia de Impostos em Portugal. Lisboa. Quid Juris? – Sociedade Editora,...
  • Casalta Nabais, J. (2005). Direito Fiscal (2a ed.). Coimbra: Edições Almedina, SA. ISBN 972-40-1900-4.
  • Celorico Palma, C. (2015). A Joaninha e os Impostos. Edição: Ordem dos Contabilistas Certificados, ISBN: 978-989-98660-4-1
  • Constituição da República Portuguesa (2012). Coimbra: Edições Almedina, SA. ISBN 978-972-40-3967-1.
  • Espanhol, R. J. F. (2014). The Laffer Curve – Na Empirical Estimation For Eurozone Member Countries. Lisboa. ISCTE Business School. Instituto...
  • Dell’Anno, R, Gómez-Antonio, M. & Alañon Pardo, A. (2007). The shadow economy in three Mediterranean countries: France, Spain and Greece....
  • Fichas Técnicas Sobre a União Europeia. União Europeia. 2014. ISBN 978-92-823-4478-1
  • Gomes, D. de O. (2015). A economia paralela em Portugal - uma análise com utilização do modelo MIMIC. Porto: Faculdade de Economia da Universidade...
  • Guia Fiscal 2018 [em linha] PWC (2018). [Consult. 14 maio 2018]. Disponível em https://www.pwc.pt/pt/pwcinforfisco/guia-fiscal/2018/irc.html.
  • Heijman, W. J. M. & van Ophem, J.A.C. (2005). Willingness to pay tax: The Laffer curve revisited for 12 OECD countries. Journal of Behavioral...
  • Ioan, M. (2012). The binary choice approach of Laffer Curve. Working Paper FEAA.F.01.
  • Kishtainy, N. (2018). Uma breve história de Economia. Lisboa. Editorial Presença. ISBN 978-972-23-6232-0.
  • Laffer, A. B. (2004). The Laffer Curve: Past, Present and Future. The Heritage Foundation, 1765.
  • Machado, J. E. M. & Nogueira Da Costa, P. (2016). Manuel de Direito Fiscal. Coimbra: Edições Almedina, SA.
  • Maia, A., Sousa, B. & Pimenta, C. (2017). Fraude em Portugal – Causas e Contextos. Edições Almedina, S.A. ISBN 978-972-40-6976-0
  • Neves, J. C. (2018). Inspecção tributária e outras questões fiscais relevantes. In XXII Jornadas Fiscais, Universidade Lusíada, Lisboa.
  • Oliveira, F. G. & Costa, L. (2015). The VAT Laffer Curve and the Business Cycle in the EU27: An Empirical Approach. Economic Issues, 20(2),...
  • Pimenta, C., (2009). Esboço de Quantificação da Fraude em Portugal. OBEGEF – Observatório de Economia e Gestão de Fraude.
  • Raimundo, E. A. C. (2017). O Impacto Do Investimento Directo Estrangeiro No Crescimento Económico De Angola (Estudo de Caso na Empresa Odebrecht)....
  • Santos, A. C. dos (2016). Da crise fiscal do Estado à crise do Estado Fiscal. Revista Contabilista, 201. ISSN: 1645-9237.
  • Schneider, F. & Enste, D. H. (2000). Shadow Economies: Size, Causes, and Consequences. Journal of Economic Literature, 38(1), 77-114.
  • Smith, A. (1776). An inquiry into the nature and causes of the wealth of nations. London: J. M. Dent & Sons, 1975.