Early in 20century 60 years, economists started to pay attention to the relationship between tax revenue and economic development, American economist Athur Laffer put forward the Laffer Curve Theory which is the core of Supply School Theories, and Laffer Curve Theory point out that tax rate not only affects tax revenue, but also affects output and economic development.
After the 1992 tax reform, the total tax rate paid by petroleum exploitation and pipeline companies dropped from 80. 8% to 78%, primarily as the result of a 28% income tax reduction.
It analyzes the principles of designing environment revenue, and then sets requirements on the tax rate and tax basis, holding thattax rate should not be too high and should be elastic and flexible in the reality.
The model was used to analyze the macroeconomic effects of productive volatility, average after tax capital return and income taxation on economy. The expression of optimal income tax rate τ *=1-α was derived.
Based on the resources value appraisal method and profited from country's USA and Canada tax laws this article analyzes the present resources taxation system deficiency,proposes some suggestions about the expansion of the scope of leving on resources taxation and adjusting the method of leving on it and raising resources tax rate to 10-12%,and suggests that local government should suitably increase jurisdiction over resources tax.
According to GATT rules, after china entry to WTO, the tax rate of resin will reduce gradually from 16% to 6.5% in 2008. At the same time, foreign resin products will flow into china market.
Uncertainty is the character of cassava yield, cost of cassava plant, cassava price, tax rate and gasoline price, and the economical performance of the project is determined by these aspects.
On the other hand, a pay-as-you-go program characterized by a fixed labor income tax rate and uncertain pension benefits provides intergenerational risk sharing.
The paper describes the application of breakeven analysis to the Eastern Oil Refining Factory which is now under great pressure to improve its management of operations and to raise its economic results. The functional relationship between cost and sales of the factory on monthly basis is estimated by regression and correlation analysis using the adjusted historical data of monthly cost and sales. The variable cost per unitof sales is further broken down into components, in order to analyze the impact of cha...
Xiamen (Amoy), Fujian province, is one of the trial cities, in which the reforms of separa-tion between taxes and profits are being carried out. In the trial process, from the actual local situation, it makes the general plans of separation between taxes and profits, and gains quite obviousefficasy, such as united income tax rate (is percent) to various enterprises, resolving recievaleloans of enterprises with different ways, transfotming the administrative structure of enterprises'i...
The essay was written through the author'S exoerience in business manag-ement and counsel of business management. It, analyses the use of estimationcurve of investment profits tax rate in the analysis and counsel of businessoperation and management.