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Vol. 10 No. 09 (2023)
Volume 10 Issue 09

Articles

INTERNATIONAL PRACTICE OF CORPORATE INCOME TAX: TRENDS AND IMPLICATIONS

Published 2023-10-11

  • Mukhamedjanov Murod Shukhratovich

Mukhamedjanov Murod Shukhratovich
Director of UTAX SMT LLC Uzbekistan, Tashkent

Abstract

The international practice of corporate income tax plays a crucial role in shaping the global business landscape. This research paper examines the historical trends in tax rates, tax bases, and tax structures across different countries, providing insights into the evolution of corporate income tax systems. The study also analyzes the implications of these trends for businesses and economies, focusing on tax planning, compliance, investment decisions, revenue generation, economic competitiveness, income distribution, and economic stability. The research combines qualitative analysis of tax policies, historical documents, and scholarly literature with quantitative analysis using relevant economic indicators. The findings contribute to a better understanding of the international landscape of corporate income tax and provide actionable insights for policymakers, businesses, and researchers.

Keywords

Corporate income tax, tax base, revenue, international, economy.

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