The Effect of Tax Reforms on Taiwanese Firms in China
| Autor: | Wen-ching Chiu, 邱文慶 |
|---|---|
| Rok vydání: | 2015 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 國際高階經營管理碩士在職專班(IEMBA) 103 The China Corporate Income Tax Law becomes effective in 2008. Taiwan reaches agreements on financial cooperation with China in 2009. In 2010, Taiwan administration reduces the corporate income tax rate from 25% to 17% and replaces Stature for Upgrading Industries with Industrial Innovation Act. All these tax reforms significantly influence the tax burdens of Taiwanese firms doing business in China. The thesis reviews the related literature related to tax regulations in Taiwan and China and surveys several financial managers of firms in Taiwan or China to figure out the influences of tax reforms on business operation costs. The major findings of this thesis are summarized as follows: 1) The Corporate Income Tax Law of 2008 in China raises the effective tax rate of non-high tech firms in China and reduces the related-party transactions in China and investments from Taiwan firms. 2) Even the income tax rate reduces from 25% to 17%, the number of tax deductible items declines with the introduction of Industrial Innovation Act leading to lower income after tax and dividend payout ratio. 3) The agreements of financial cooperation between Taiwan and China raise the willingness of Taiwanese firms to invest in China but hurt the benefits of median-and-small enterprises doing business for domestic demand. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
| Externí odkaz: |
|