Social and Economic Studies within the Framework of Emerging Global Developments Volume 3
Summary
Excerpt
Table Of Contents
- Cover
- Title
- Copyright
- About the author
- About the book
- This eBook can be cited
- Contents
- List of Figures and Graphs
- Impact Factor of Liability of Tax System According to the Theory of Cycle of Money
- Fiscal Dominance in the US Economy Since the Great Recession
- The Impact of Developed Stock Markets on Vietnam Stock Market During the COVID-19 Pandemic
- COVID-19 Impact on Decent Work: Overview of Africa
- Unlocking the Potential of ChatGPT in Economic and Finance Studies: A Game-Changing Case Study
- Socioeconomic Indicators of Euroscepticism at the Regional Level in Slovakia (2020–2022)
- Innovation for Circular Economy: Overview of Estonian Enterprises’ Transition Journey
- Prospective and Strategy in Tourism Businesses in the Coffee Region of Colombia
- Key Trends in the Clustering of Small and Medium-Sized Businesses in the Manufacturing Sector on the Example of the Region
- Prospects for the Development of the Market of Carbon Units within the Framework of the ESG Orientation and the Possibility of Using Green Bonds for its Development
- Threats to the Financing of Eco-Investments in Polish Cities and Towns
- Rethinking and Design Facilitating Pillars SME Performance: An Illustration for Indonesia
- Governance to Digital Transformation in Portuguese Public Local Authorities
- Integrated Responsibility Centre as a New Organizational Model of Health Institutions in Portugal: The Case of a Central Portuguese Hospital
- The Importance of Information Systems Governance: The Case of the Cement Industry
- Main Dimensions of Management Preventive Maintenance in the Industry 4.0 Context
- The Criticality of Information in the Pandemic Context Management: The Case Study of Safe COVID Testing in Portugal
- Implications of the COVID-19 Pandemic on Human Resource Management and Labor Relations: Social Dialogue for the New Global Era
- Creation of a Business Competency Model for Managers
- Healthcare Leadership Competencies in the Turbulent Times and Trends
- Theoretical and Methodological Aspects of Intensive Economic Growth in Ensuring Sustainable Economic Development
- Competitive Rural Economy in the Emerging Countries of the European Union
- Evolution Drivers for the Higher Education Teacher
- The Impact of Using a Digital Tool KABADA on Entrepreneurial Intension on Generation Z Higher Education Students in Central, Eastern and Southern Europe
- Mutualism, Integral Ecology and Regenerative Mindset: The Paideia Campus as an Innovative Pedagogical Practice Model
- Romania’s Tourism Offer and Demand in the COVID-19 Pandemic: A Statistical Overview
- Household’s Coping Strategies and Food Insecurity Level Amid Global Economic Crisis: The Case of Pakistan
- Inclusive, Digital-Supported Approaches in Entrepreneurship Education
- Sorting in Credit Rationing and Monetary Transmission
Constantinos Challoumis
Impact Factor of Liability of Tax System According to the Theory of Cycle of Money
1. Introduction and Literature Review
The credibility of a tax system has to do with the stability of that tax system by generally influencing the behavior of businesses (Bhuiyan & Farazmand, 2020; Challoumis, 2019a; Cornelsen & Smith, 2018; Dollery & Worthington, 1996; Domingues & Pecorelli-Pere, 2013; Islam et al., 2020; Kroth et al., 2020; Mackean et al., 2020; McIsaac & Riley, 2020; Menguy, 2020; OECD, 2020; Silva et al., 2020). Companies involved in controlled transactions are encouraged for this activity, that is, an unreliable tax system favors companies carrying out controlled transactions to avoid being taxed. Unlike companies that are consistent and operate without carrying out controlled transactions to avoid being fully taxed (Challoumis, 2021d, 2021a, 2022c, 2022b, 2022a).
A business with a controlled transaction activity succeeds in avoiding its adequate taxation, unlike a business that is consistent and fully taxed by the tax authorities of its country. The consistent business usually also acts in favor of the domestic banking system, expanding the money cycle of the economy in question. Therefore, a stable tax system works not only in favor of consistent businesses but also in favor of the economy as a whole.
The quantification analysis of the sensitivity of the tax system to the liable tax system is done by the application of the Q.E. method. The background of this method stands on the behavior analysis of mathematical equations. Thus, there we determine two axes to the analysis of the Q.E. method which is:
- • The analysis of the behavior of the model stands on the scrutiny of the structural characteristics of each model accordingly allowing with that way the extraction of general conclusions about the model which is under examination.
- • The frequency analysis behavior scrutinizes the behavior of the dependent variables, but from the view of the number of appearances of a variable than another, estimating the impact that one independent variable has with one or more other independent variables.
Therefrom, using the prior two axes of methodology, is plausible to extract conclusions about the behavior of mathematical equations, and how some factors react to changes. Consequently, is plausible the transformation of quality data to quantity data. This method is applied for this study for controlled transactions and more precisely in the variables of the impact factor of the tax revenue (Bernasconi & Espinosa-Cristia, 2020; Biernaski & Silva, 2018; Blundell & Preston, 2019; Bowling et al., 2019; Castaño et al., 2016; Delgado Rodríguez & de Lucas Santos, 2018; dos Santos Benso Maciel et al., 2020; Russo Rafael et al., 2020; Tydir, 2019; Van de Vijver et al., 2020; Wright et al., 2017; Wu et al., 2019). The mechanism of Q.E. is based on the dependent variables which are modified for the generator. Thereupon, the generator produces values for the dependent variables. The extracted values of the generator permit the creation of magnitudes, which are the base for comparisons, and for the scrutiny of mathematical equations. Thus, it is plausible to quantify qualitative data. In our analysis, this method is used for clarification of the behavior of the impact factor of the global tax revenue.
2. Impact Factor of Tax Revenues
The impact factor of tax revenues of countries which are tax heaves, s according to the “Methods of controlled transactions and identifications of tax avoidance” is determined as that:
Details
- Pages
- 410
- Year
- 2023
- ISBN (PDF)
- 9783631904428
- ISBN (ePUB)
- 9783631904435
- ISBN (Softcover)
- 9783631901212
- DOI
- 10.3726/b20968
- Language
- English
- Publication date
- 2023 (September)
- Keywords
- Banking Finance Management Technology Politics Education
- Published
- Berlin, Bern, Bruxelles, New York, Oxford, Warszawa, Wien, 2023. 410 pp., 78 fig. b/w, 60 tables.
