Changes In The Corporate Tax In Slovakia – Tax License

Kramárová, Katarína; Gregová, Elena; Cisko, Stefan

doi:10.3846/bm.2014.033

Cited by 4 publications

(3 citation statements)

References 4 publications

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“…The aim of tax licenses was to achieve a fairer taxation of companies that have long avoided paying taxes and a more equitable distribution of tax liability. One of the intentions of tax licenses was to abolish inactive companies and their subsequent erasure from the commercial register (Ministry of Finance of the Slovakia 2018; Kramarova et al 2014).…”

Section: Resultsmentioning

confidence: 99%

Tax Loss Amortization of Companies in Slovakia

Bánociová

Tahlova

2020

JRFM

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The purpose of this article is to research how companies optimize income tax with the ambition to maintain the achieved sales and profits at the highest possible level. Its purpose is to find out whether companies in Slovakia compensate for higher tax liability by tax loss amortization to reduce their income tax payable. Based on the review of literature from the field of legislation concerning the tax loss amortization by using the descriptive statistics of selected corporate and tax indicators, the companies are monitored in order to capture their behavior in paying income tax. The methods of deduction and synthesis are used in this article. The observed corporate and tax indicators are focusing on the relationship between the tax liability arising from corporate income tax, amortized tax losses, and the amount of tax payable in Slovakia in the period from 2015 to 2018. Tax loss can be considered as a tool for tax optimization, which is used by companies in all countries of the European Union, while the scope of its applicability is often limited by a time horizon. The amortization of tax losses has an impact on the amount of tax levied and the subsequent income tax payable, while the possibility to use this tool of tax optimization is influenced by the changing legislation in the period under review.

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Section: Resultsmentioning

confidence: 99%

Tax Loss Amortization of Companies in Slovakia

Bánociová

Tahlova

2020

JRFM

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“…This strategy, which may be interpreted as accounting management of profit, is known as accrual-based earnings management (AEM) or accounting earnings management. This form's sources include accounting laws, principles, and standards (Kramarova et al, 2014).…”

Section: Literature Reviewmentioning

confidence: 99%

The Growth of Research in Earnings Management Phenomenon

Nagy,

Valaskova

2022

Management Dynamics in the Knowledge Economy

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The practice of earning management is the use of accounting methods to create financial statements that favourably portray a company’s operations and financial standing. The issue of earnings management is theoretically defined in the paper from two angles - theoretical and visual analysis. The paper offers various sources and different earnings management-related elements at the theoretical level. The objective of the paper is to outline the most recent developments in the research field of earnings management, which is a subset of a larger collection of ideas, including financial fraud, employee incentives, and governmental laws to reveal the effects and consequences these practices may have on. The stakeholders and capital market. By expressing the publishing activity in the scientific section of Web of Science over the span of 67 years, the visual portion is also presented using bibliometric analysis- a method for exploring and analysing large amounts of scientific data. The accepted outputs are also particular instances of companies with a history of deception, understood in terms of their revenue report. The theoretical level for the idea of earnings management, as well as a visual comprehension of the significance of this earnings management issue, are presented in a long-term horizon to declare and underline the importance of the research issue in corporate practice.

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“…Earnings management assists in achieving specific discretionary accrual handling objectives. In addition to accrual-based earnings management, professional literature also distinguishes between real earnings management, which is typically influenced by corporate cash flow Kramarova et al (2014). Earnings management has a significant effect especially, on corporate economic performance, bankrupt or financial health as a whole (Grofcikova, 2020;Fialova & Folvarcna, 2020).…”

Section: Literature Reviewmentioning

confidence: 99%