| Título: |
A tax proposal for a cash flow corporate tax A tax proposal for a cash flow corporate tax Una propuesta de base imponible para el impuesto de flujos de caja de sociedades |
| Autores: |
Jerez Barroso, Lourdes; Universidad de Extremadura Texeira Quirós, Joaquín; Universidad de Extremadura |
| Fecha: | 2013-12-02 |
| Publicador: | Intangible capital |
| Fuente: |
 |
| Tipo: |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
| Tema: |
accounting, taxation, corporate income tax, cash flow corporate income tax H20, H25, M41 accounting, taxation, corporate income tax, cash flow corporate income tax H20, H25, M41 Contabilidad-Fiscalidad, Impuesto sobre la Renta de Sociedades, Impuesto de Flujos de Caja de Sociedades, Reforma fiscal H20, H25, M41 |
| Descripción: |
Purpose: Due to its advantages in terms of neutrality and simplicity, the aim of this paper is to design a tax base for corporation cash flows, as well as to develop its practical implementation.Design/Methodology: The conceptual aspects and the background of tax on corporation tax flows are reviewed and a tax base that levies a charge on the corporation’s economical activities’ cash flow is then proposed. In order to carry this out, a methodological procedure is developed on the basis of the accounting documents that companies must present and through which the stock variables and the accounting documents’ work flow is transformed into cash flow.Findings: An implementation on the basis of the accounting documents that Spanish companies must present. Practical Implications: This paper defines the procedure to follow in order to determine the tax base of a cash flow corporate income tax on the basis of its accounts, which would allow an estimation of this tax figure’s revenue impact.Originality/ Value: The design of a tax base of cash flows for companies. The accounting approximation carried out to determine the cash flows justifies the fact that the tax base proposal is technically possible. Purpose: Due to its advantages in terms of neutrality and simplicity, the aim of this paper is to design a tax base for corporation cash flows, as well as to develop its practical implementation.Design/Methodology: The conceptual aspects and the background of tax on corporation tax flows are reviewed and a tax base that levies a charge on the corporation’s economical activities’ cash flow is then proposed. In order to carry this out, a methodological procedure is developed on the basis of the accounting documents that companies must present and through which the stock variables and the accounting documents’ work flow is transformed into cash flow.Findings: An implementation on the basis of the accounting documents that Spanish companies must present. Practical Implications: This paper defines the procedure to follow in order to determine the tax base of a cash flow corporate income tax on the basis of its accounts, which would allow an estimation of this tax figure’s revenue impact.Originality/ Value: The design of a tax base of cash flows for companies. The accounting approximation carried out to determine the cash flows justifies the fact that the tax base proposal is technically possible. Objeto: Por sus ventajas en términos de neutralidad y simplicidad, pretendemos diseñar una base imponible de flujos de caja para el impuesto sobre sociedades, así como desarrollar su articulación práctica. Diseño/metodología: Se revisan los aspectos conceptuales y los antecedentes de la imposición sobre el flujo de caja de las sociedades y se propone una base imponible que grava el flujo de efectivo de las actividades económicas de la empresa. Para su puesta en práctica se desarrolla un procedimiento metodológico a partir de los documentos contables de obligada presentación por las empresas, mediante el cual se transforman las variables stock y flujos de los documentos contables en flujos de efectivo. Aportaciones/Resultados: Una articulación práctica a partir de los documentos contables de obligada presentación por las empresas españolas. Implicaciones prácticas: Este estudio define el procedimiento a seguir para determinar la base imponible de un impuesto de flujos de caja para las sociedades a partir de su contabilidad, lo que permitiría estimar el impacto recaudatorio de esta figura tributaria. Valor añadido: El diseño de una base imponible de flujos de caja para las sociedades. La aproximación contable realizada para determinar los flujos de efectivo justifica que la propuesta de base imponible efectuada es técnicamente viable. |
| Idioma: | Inglés |