EFFECTIVE CORPORATE INCOME TAX BURDEN IN THE EUROPEAN UNION

Univerzitet u Nišu, Ekonomski fakultet Niš, Srbija
Serbia

Univerzitet u Nišu, Ekonomski fakultet Niš, Srbija
Serbia

Inovacioni centar Univerziteta u Nišu, Srbija
Serbia


Abstract

The conception of tax policy, as a determinant of economic decision-making, does not dispute that the corporate income tax is one of the important instruments in the member states of the European Union (EU). However, the assessment of the macroeconomic implications of this instrument is seriously hampered by the measurement of relevant rates, including the effective tax rate, which is affected by tax incentives. Therefore, this paper considers the effective tax burden of corporate income tax. The paper analyzes the deviation of the effective tax burden from the legal corporate income tax rate. The aim of this paper is to point out the differences in the burden of this tax form on the analyzed market on the basis of calculated effective tax rates.

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