StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Determinants of Effective Tax Rate in Thailand - Research Proposal Example

Cite this document
Summary
are some of the important types of public services which a government arranges for the general public. The cost incurred in such public services is to be borne by the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.9% of users find it useful
Determinants of Effective Tax Rate in Thailand
Read Text Preview

Extract of sample "Determinants of Effective Tax Rate in Thailand"

Download file to see previous pages

Just about a year ago the price of international crude oil was about $130 per barrel, but things have come to such a pass now that the oil exporting countries headed by OPEC is worried about the falling prices. These days the prices have come down to about $30 per barrel. This implies better bargains for oil importing nations. Therefore the tax rates would’ve been higher during the period when crude oil prices were high, but there is strong possibility that the tax rates will be comparatively lower if the oil prices are low.

This is just one situation explaining the manner in which the tax rates are determined. There are scores of other determinants which help in shaping the fiscal plan of a country. In addition the procedure for calculation of taxes by the government bodies and corporate sector also depends upon a number of factors. This raises our curiosity about the manner in which the tax regime functions. This research study is therefore being taken up to understand the intricacies regarding the determinants of effective tax rates in a developing country like Thailand.

The taxes in general are of many types collected in direct or indirect manner. But, in this study an emphasis will be laid on finding out the corporate tax structure in particular. In Thailand taxes in general are divided in two broad categories namely direct tax and indirect taxes. Two key components of direct taxes are the personal income tax and corporate tax. On the other hand taxes like excise taxes, stamp duty and value added taxes (VAT) are known as indirect taxes. The modus operandi for calculating these taxes depends upon the revenue generation mechanism being set in place in the country and the level of competition within the industry.

The revenue department of Thailand is entrusted with the task of taxation. Main responsibilities assigned to the revenue department are1; Led by the mortgage crisis in US, a crisis like situation is emerging in almost all parts of the world.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Determinants of Effective Tax Rate in Thailand Research Proposal - 1”, n.d.)
Determinants of Effective Tax Rate in Thailand Research Proposal - 1. Retrieved from https://studentshare.org/miscellaneous/1552447-determinants-of-effective-tax-rate-in-thailand
(Determinants of Effective Tax Rate in Thailand Research Proposal - 1)
Determinants of Effective Tax Rate in Thailand Research Proposal - 1. https://studentshare.org/miscellaneous/1552447-determinants-of-effective-tax-rate-in-thailand.
“Determinants of Effective Tax Rate in Thailand Research Proposal - 1”, n.d. https://studentshare.org/miscellaneous/1552447-determinants-of-effective-tax-rate-in-thailand.
  • Cited: 0 times

CHECK THESE SAMPLES OF Determinants of Effective Tax Rate in Thailand

Outlook for International Monetary System

he cut off between short-term exchange rate levels as well as macroeconomic basics may make a position for sterilized involvement, which affects the exchange rate mostly through its impact on the prospect, risk premiums, as well as order flow.... Especially, sterilized intervention can be used to stop unnecessary exchange rate movements resulting from short-term shocks that do not influence fundamental macroeconomic conditions.... For economies experiencing macroeconomic imbalances or structural weaknesses, intervention can assist for the time being effortlessness exchange rate pressures merely if there is a reliable commitment to, and tangible progress on, macroeconomic as well as structural adjustments....
14 Pages (3500 words) Essay

Valuation of TESCO PLC

In Europe it has stores in the… In Asia, its presence is found in Japan, Malaysia, South Korea, thailand and its latest market, China, which it entered in 2004.... Jack Cohen in a one room stall in East London has now transformed itself into Tesco PLC, the largest and most profitable super market chains in UK....
20 Pages (5000 words) Essay

An Exploration into the factors Influencing Consumer Purchasing Decision - A case study of Thai Fashion

hellip; According to researchers, the South East Asia from a market region that branded that deal which luxury fashion cannot afford to overlook to other options other than the ones offered in thailand (Schuttle&Ciarlante, 1998).... thailand is an integral part of the fashion market since its emergence in the 1980s.... Given that, thailand fashions were selected and purchased at face value, many luxury fashion brands established a promotion method, which included hiring celebrities and other public figures to promote their brands....
12 Pages (3000 words) Thesis Proposal

Effect of Capital Structure on Profitability in Thailand Firms

The term, capital, broadly refers to the amount of money invested in business for its start up.... The capital raised by a firm through different sources is utilized for… Without availability of capital, it is not possible for a business to establish itself.... The capital raised by an organization is generally used for investing in fixed assets Xu and Birge (2008) have stated that the capital is essential in a business so as to be able to develop business activities, initiate and continue production....
19 Pages (4750 words) Literature review

Political Considerations and Managing Political Risk in an Ever Evolving Global Marketplace

This paper declares that the increased rate of globalization throughout the world has created a dynamic in which decision-makers within international business must consider able to factors as a means of continuing to expand the markets in which they operate and generate an even higher level of profitability.... An effective understanding of “political risk” can be effected through an appreciation of societal organization; specifically the means by which the rules of law, or lack thereof, define the way in which a given region might be represented....
9 Pages (2250 words) Research Paper

Implementing the Foreign Direct Investment in the Indian Markets

growth rate, labor rates, the overall rate of inflation against the given annual budget and most importantly the tax to G.... ratio and overall tax net.... This paper looks into the overall scenarios, the determinants, the positives, the negatives, the constraints and considerations that are needed to be taken into account with regard to the Foreign Direct Investment and economy of India.... and the determinants associated with it....
10 Pages (2500 words) Essay

Host Countries and Multinational Enterprises Involved in Foreign Direct Investment

The paper "Host Countries and Multinational Enterprises Involved in Foreign Direct Investment" highlights that basically, major conflicts arise in between host countries and investing companies due to government's interference, country regulations and company's own attitude towards its requirement....
8 Pages (2000 words) Coursework

Factors Affecting Policy Implementation of Green Island

As the paper "Factors Affecting Policy Implementation of Green Island" outlines, Green Island has been identified as a site with the capacity of becoming one of the best tourist attractions cites if it is well developed and maintained to at least provide basic commodities and a clean environment....
9 Pages (2250 words) Research Proposal
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us