Vliv korporátních daní na ekonomický růst

Abstract

This doctoral dissertation thesis deals with issues of corporate taxation in relation with economic growth. Its objective is to quantify and analyse the impact of corporate taxation on economic growth using of OECD countries. The corporate tax rate is approximated by effective corporate tax rates such as corporate tax quota, implicit tax rates on capital, implicit tax rates on capital income of corporations, marginal effective and average tax rates as determined by micro-forward looking approach and the alternative approach World Tax Index. The relation of taxation and economic growth is tested using an econometric generalised method of moments and panel data in dynamic concept. The model has shown a negative impact on economic growth for all six of the selected corporate tax approximators under the assumed significant level, except implicit tax rate of capital income. The thesis concludes that in order to promote an increase in economic growth, it is advisable to reduce the personal income tax and maintain the existing, or reduce, corporate taxation. The adjustment of corporate taxation should be made in the light of the objectives of the economic policy makers. Furthermore, it is advisable to simplify the corporate tax legislation, and streamline the state’s tax collection ability. Finally, it is concluded that the tax burden should be passed on to indirect taxes or property taxes for additional public budget revenues