Macedo, Alessandra Celani de
Assessing tax relief from targeted investment tax incentives through corporate effective tax rates Methodology and initial findings for seven Sub-Saharan African countries electrónico / Alessandra Celani, Luisa Dressler, Tibor Hanappi .-- [Paris] : OECD , [2022]
.--63 p. gráf. .-- ( OECD Taxation Working Papers ,58 ).
Disponible en formato electrónico en el Repositorio de la Biblioteca del IEF.
Resumen.
Bibliografía.
Corporate tax incentives reduce investment costs for businesses, which may affect investment and location decisions. They apply through different designs and interact with countries’ standard tax systems, often making it difficult for tax policy makers and researchers to compare their generosity and assess their impacts across countries. This paper develops a methodology to calculate forward-looking corporate effective tax rates (ETRs) summarising tax relief from investment tax incentives into comparable indicators. It presents ETR indicators for seven Sub-Saharan African countries. Empirical results show that tax incentives substantially lower corporate taxation across these countries. On average, tax incentives reduce ETRs by 30% in the food and automotive industries compared to the standard tax treatment. ETRs often differ among taxpayers in a same sector and country - by up to 55%. The most generous tax treatment is typically offered within Special Economic Zones, where tax incentives can reduce ETRs to near zero.
INCENTIVOS FISCALES
INVERSIONES
FISCALIDAD INTERNACIONAL
DESGRAVACIONES FISCALES
IMPUESTO DE SOCIEDADES
ZONAS TRIBUTARIAS ESPECIALES
EVALUACION
ÁFRICA
Dressler, Luisa
Hanappi, Tibor
Assessing tax relief from targeted investment tax incentives through corporate effective tax rates Methodology and initial findings for seven Sub-Saharan African countries electrónico / Alessandra Celani, Luisa Dressler, Tibor Hanappi .-- [Paris] : OECD , [2022]
.--63 p. gráf. .-- ( OECD Taxation Working Papers ,58 ).
Disponible en formato electrónico en el Repositorio de la Biblioteca del IEF.
Resumen.
Bibliografía.
Corporate tax incentives reduce investment costs for businesses, which may affect investment and location decisions. They apply through different designs and interact with countries’ standard tax systems, often making it difficult for tax policy makers and researchers to compare their generosity and assess their impacts across countries. This paper develops a methodology to calculate forward-looking corporate effective tax rates (ETRs) summarising tax relief from investment tax incentives into comparable indicators. It presents ETR indicators for seven Sub-Saharan African countries. Empirical results show that tax incentives substantially lower corporate taxation across these countries. On average, tax incentives reduce ETRs by 30% in the food and automotive industries compared to the standard tax treatment. ETRs often differ among taxpayers in a same sector and country - by up to 55%. The most generous tax treatment is typically offered within Special Economic Zones, where tax incentives can reduce ETRs to near zero.
INCENTIVOS FISCALES
INVERSIONES
FISCALIDAD INTERNACIONAL
DESGRAVACIONES FISCALES
IMPUESTO DE SOCIEDADES
ZONAS TRIBUTARIAS ESPECIALES
EVALUACION
ÁFRICA
Dressler, Luisa
Hanappi, Tibor