Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector
The allocation formula for the distribution of the Common Consolidated Corporate Tax Base (CCCTB) should be based on three macroeconomics factors which are considered to have the largest impact on profitability. The paper researches the ability of the allocation formula factors to explain variabilit...
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| Format: | Article |
| Language: | English |
| Published: |
Czech Academy of Agricultural Sciences
2016-08-01
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| Series: | Agricultural Economics (AGRICECON) |
| Subjects: | |
| Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-201608-0003_tax-sharing-under-the-common-consolidated-corporate-tax-base-measurement-of-the-profit-generating-factors-in-t.php |
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| author | Danuse NERUDOVA Katerina KRCHNIVA |
| author_facet | Danuse NERUDOVA Katerina KRCHNIVA |
| author_sort | Danuse NERUDOVA |
| collection | DOAJ |
| description | The allocation formula for the distribution of the Common Consolidated Corporate Tax Base (CCCTB) should be based on three macroeconomics factors which are considered to have the largest impact on profitability. The paper researches the ability of the allocation formula factors to explain variability in profit/loss generation of single enterprises from the perspective of the Czech Republic with the special focus on the explanation power of the allocation formula on profit/loss generation of companies operating in the agriculture sector (NACE A). The analysis is based on the comparison of the coefficients of determination as an indicator of the explained variability of the proposed simple as well as the multiple regression models. The paper concludes that proportion of explained profitability by the formula factors as are defined by the Draft Directive on a Common Consolidated Corporate Tax Base can differ by more than 30% with regard to the sector of economic activity classified by the NACE, whereas in the individual subsectors of the agriculture the difference may amount to 40%. |
| first_indexed | 2024-04-10T08:38:46Z |
| format | Article |
| id | doaj.art-ef3e41ab14f341edab02ba37af593504 |
| institution | Directory Open Access Journal |
| issn | 0139-570X 1805-9295 |
| language | English |
| last_indexed | 2024-04-10T08:38:46Z |
| publishDate | 2016-08-01 |
| publisher | Czech Academy of Agricultural Sciences |
| record_format | Article |
| series | Agricultural Economics (AGRICECON) |
| spelling | doaj.art-ef3e41ab14f341edab02ba37af5935042023-02-23T03:25:02ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952016-08-0162836337710.17221/222/2015-AGRICECONage-201608-0003Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sectorDanuse NERUDOVA0Katerina KRCHNIVA1Department of Accounting and Taxation, Faculty of Business and Economics, Mendel University in Brno, Brno, Czech RepublicDepartment of Accounting and Taxation, Faculty of Business and Economics, Mendel University in Brno, Brno, Czech RepublicThe allocation formula for the distribution of the Common Consolidated Corporate Tax Base (CCCTB) should be based on three macroeconomics factors which are considered to have the largest impact on profitability. The paper researches the ability of the allocation formula factors to explain variability in profit/loss generation of single enterprises from the perspective of the Czech Republic with the special focus on the explanation power of the allocation formula on profit/loss generation of companies operating in the agriculture sector (NACE A). The analysis is based on the comparison of the coefficients of determination as an indicator of the explained variability of the proposed simple as well as the multiple regression models. The paper concludes that proportion of explained profitability by the formula factors as are defined by the Draft Directive on a Common Consolidated Corporate Tax Base can differ by more than 30% with regard to the sector of economic activity classified by the NACE, whereas in the individual subsectors of the agriculture the difference may amount to 40%.https://agricecon.agriculturejournals.cz/artkey/age-201608-0003_tax-sharing-under-the-common-consolidated-corporate-tax-base-measurement-of-the-profit-generating-factors-in-t.phpagricultureccctbcorporate income taxformula apportionmentnace classification |
| spellingShingle | Danuse NERUDOVA Katerina KRCHNIVA Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector Agricultural Economics (AGRICECON) agriculture ccctb corporate income tax formula apportionment nace classification |
| title | Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector |
| title_full | Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector |
| title_fullStr | Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector |
| title_full_unstemmed | Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector |
| title_short | Tax sharing under the Common Consolidated Corporate Tax Base: Measurement of the profit generating factors in the agriculture sector |
| title_sort | tax sharing under the common consolidated corporate tax base measurement of the profit generating factors in the agriculture sector |
| topic | agriculture ccctb corporate income tax formula apportionment nace classification |
| url | https://agricecon.agriculturejournals.cz/artkey/age-201608-0003_tax-sharing-under-the-common-consolidated-corporate-tax-base-measurement-of-the-profit-generating-factors-in-t.php |
| work_keys_str_mv | AT danusenerudova taxsharingunderthecommonconsolidatedcorporatetaxbasemeasurementoftheprofitgeneratingfactorsintheagriculturesector AT katerinakrchniva taxsharingunderthecommonconsolidatedcorporatetaxbasemeasurementoftheprofitgeneratingfactorsintheagriculturesector |