Open Access
Journal Article
Tax Policy and Corporate Taxation Laws
by
Emma Harris
FLPR 2023 5(2):44; 10.69610/j.flpr.20231116 - 16 November 2023
Abstract
The paper explores the intricate relationship between tax policy and corporate taxation laws, examining how these laws are shaped by broader fiscal policies and the implications they have for businesses and economic growth. It begins by providing an overview of the key principles that govern corporate taxation, including progressive rates, deductions, and incentives. The analys
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The paper explores the intricate relationship between tax policy and corporate taxation laws, examining how these laws are shaped by broader fiscal policies and the implications they have for businesses and economic growth. It begins by providing an overview of the key principles that govern corporate taxation, including progressive rates, deductions, and incentives. The analysis then delves into how tax policy affects corporate decision-making, investment, and competitiveness. By examining case studies from various countries, the paper reveals the challenges and opportunities presented by differing tax systems. It also discusses the role of international tax agreements and the efforts towards tax harmonization. The conclusion underscores the importance of balancing corporate tax laws with broader economic objectives, considering the impact on job creation, innovation, and the distribution of wealth.