Fiscal Risk in the Activity of a Company
Fiscal risk can arise in countries where the government applies a tax system that has only one purpose, to bring revenue to the budget. If a country wants to attract investors from other countries, it must apply a proper tax system, without high taxes, because those investors will be tempted to m...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2024-02-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
| Subjects: | |
| Online Access: | https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/35.pdf |
| _version_ | 1797302940731441152 |
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| author | Mircea-Iosif Rus |
| author_facet | Mircea-Iosif Rus |
| author_sort | Mircea-Iosif Rus |
| collection | DOAJ |
| description | Fiscal risk can arise in countries where the government applies a tax system that has only one
purpose, to bring revenue to the budget. If a country wants to attract investors from other
countries, it must apply a proper tax system, without high taxes, because those investors will be
tempted to migrate to other countries with a more permissive tax system, perhaps even to those
countries considered tax havens. In addition to all this, an important role in implementing a tax
risk-free tax system is also globalisation. Nor should we forget inflation, which can occur and lead
to a high tax risk, which can result in an erosion of the income of enterprises and a decrease in
profitability. The objective of the paper is to highlight the tax risk to which an enterprise is subject
in various situations (inflation, globalisation) and their effects. |
| first_indexed | 2024-03-07T23:46:09Z |
| format | Article |
| id | doaj.art-5fdd563d375b473d8f846927ee38ffdc |
| institution | Directory Open Access Journal |
| issn | 2393-3127 |
| language | English |
| last_indexed | 2024-03-07T23:46:09Z |
| publishDate | 2024-02-01 |
| publisher | Ovidius University Press |
| record_format | Article |
| series | Ovidius University Annals: Economic Sciences Series |
| spelling | doaj.art-5fdd563d375b473d8f846927ee38ffdc2024-02-19T12:39:12ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272024-02-01XXIII2861865Fiscal Risk in the Activity of a CompanyMircea-Iosif Rus0National Institute of Research & Development (INCD URBAN-INCERC), Cluj-Napoca Branch, RomaniaFiscal risk can arise in countries where the government applies a tax system that has only one purpose, to bring revenue to the budget. If a country wants to attract investors from other countries, it must apply a proper tax system, without high taxes, because those investors will be tempted to migrate to other countries with a more permissive tax system, perhaps even to those countries considered tax havens. In addition to all this, an important role in implementing a tax risk-free tax system is also globalisation. Nor should we forget inflation, which can occur and lead to a high tax risk, which can result in an erosion of the income of enterprises and a decrease in profitability. The objective of the paper is to highlight the tax risk to which an enterprise is subject in various situations (inflation, globalisation) and their effects. https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/35.pdffiscal riskinflationglobalisationrevenueexpenses |
| spellingShingle | Mircea-Iosif Rus Fiscal Risk in the Activity of a Company Ovidius University Annals: Economic Sciences Series fiscal risk inflation globalisation revenue expenses |
| title | Fiscal Risk in the Activity of a Company |
| title_full | Fiscal Risk in the Activity of a Company |
| title_fullStr | Fiscal Risk in the Activity of a Company |
| title_full_unstemmed | Fiscal Risk in the Activity of a Company |
| title_short | Fiscal Risk in the Activity of a Company |
| title_sort | fiscal risk in the activity of a company |
| topic | fiscal risk inflation globalisation revenue expenses |
| url | https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/35.pdf |
| work_keys_str_mv | AT mirceaiosifrus fiscalriskintheactivityofacompany |