Comparative Analysis of Tax Systems: Some Evidence from CEE Countries
During last decades is widely discussed the
international harmonization of financial reporting. This
harmonization is also affected by national tax systems in analyzed
countries. This paper provides some evidence on current national tax
systems in selected countries in Central and Eastern Europe. The
linkage of accounting profit as a tax base might decrease the
administrative burden for majority of SMEs, which are the most
important engine of each national economy.
[1] M.A. Desai, "The Divergence between Book and Tax Income," Tax
Policy and the Economy, vol. 17, no. 1, pp. 169-206, 2003.
[2] E. Eberhartinger, Ertragsteuerliche Konsequenzen der
Internationalisierung der Rechnungslegung. Vienna: Orac, 2000.
[3] Eurostat, Key Figures on European Business: With a Special Feature on
Recession. Luxembourg: Eurostat Pocketbooks, 2010.
[4] L. Evans, and C. Nobes, "Some Mysteries Ralating to the Prudence
Principle in the Fourth Directive and in German and British Law,"
European Accounting Review, vol. 5, no. 2, pp. 361-373, 1996.
[5] J. Freedman, "Alighing Taxable Profits and Accounting Profits:
Accounting Standards, Legislators and Judges," eJournal of Tax
Research, vol. 2, no. 1, pp. 71-99, 2004.
[6] R. Groning, Steuerbilanzielle Gewinnermittlung nach US GAAP?
Cologne: Eul, 2002.
[7] S. Gupta, and L.F. Mills, "Does Disconformity in State Corporate
Income Tax Systems Affect Compliance Cost Burdens?" National Tax
Journal, vol. 56, no. 2, pp. 355-371, 2003.
[8] M. Hanlon, and T. Shevlin, "Book-tax Conformity for Corporate
Income: An Introduction to the Issues," Tax Policy and the Economy,
vol. 19, no. 1, pp. 101-134, 2005.
[9] V. Kanniainen, and J. Sodersten, ÔÇ×The Importance of Reporting
Conventions for the Theory of Corporate Taxation," Journal of Public
Economics, vol. 57, no. 3, pp. 417-430, 1995.
[10] M. Lamb, et al., "International Variations in the Connections between
Tax and Financial Reporting," Accounting and Business Research, vol.
28, no. 3, pp. 173-188, 1998.
[11] C.E. McLure, "Understanding Uniformity and Diversity in State
Corporate Income Taxes," National Tax Journal, vol. 61, no. 1, pp. 141-
159, 2008.
[12] C. Nobes, Developments in the International Harmonization of
Accounting. Cheltenham: Edward Elgar, 2004.
[13] C. Nobes, and R. Parker, Comparative International Accounting.
Harlow: Prentice Hall, 2006.
[14] M. Pasekov├í, L. M├╝llerov├í, J. Strouhal, and L. Chyzhevska, ÔÇ×IFRS for
SMEs: Challenge for Emerging Countries? Case of Czech Republic and
Ukraine," Proceedings of WASET, vol. 66, pp. 1691-1964, 2010.
[15] T.M. Porcano, and A.V. Tran, "Relationship of Tax and Financial
Accounting Rules in Anglo-Saxon Countries," The International
Journal of Accounting, vol. 33, no. 4, pp. 433-454, 1998.
[16] W. Schon, Steuerliche Massgeblichkeit in Deutschland und Europa.
Cologne: Verlag Otto Schmidt, 2005.
[17] J. Slemrod, "The Etiology of Tax Complexity: Evidence from US State
Income Tax Systems," Public Finance Review, vol. 33, no. 3, pp. 279-
299, 2005.
[18] J. Slemrod, and W. Kopczuk, "The Optimal Elasticity of Taxable
Income," Journal of Public Economics, vol. 84, no. 1, pp. 91-112, 2002.
[19] L. Smr─ìka, "The Rescue Principle in Czech Bankruptcy Law as it Exists
Now and in the Future", In. International Conference of Marketing and
Management Sciences, May 23-25, 2008, Athens, pp. 122-127, 2008.
[20] L. Smr─ìka, "Government Indebtedness and Family Indebtedness as an
Inseparable Twins in the Modern World," International Journal of
Mathematical Models and Methods in Applied Sciences, vol. 5, no. 3,
pp. 480-489, 2011.
[21] C. Spengel, "International Accounting Standards, Tax Accounting and
Effective Levels of Company Tax Burdens in the European Union,"
European Taxation, vol. 43, no. 6, pp. 253-266, 2003.
[22] J. Strouhal, Harmonization of SMEs- Financial Reporting in Emerging
CEE Countries. Stevens Point, WI: WSEAS Press, 2011.
[23] J. Strouhal, C.G. Bonaci, A. Deaconu, L. Müllerová, and M. Paseková,
ÔÇ×SMEs StakeholdersÔÇÿ Needs on Valuation and Financial Reporting,"
International Advances in Economic Research, vol. 16, no. 4, pp. 425-
426, 2010.
[24] J. Strouhal, J. Mackevi─ìius, and S. Zverovich, "Comparison of the
Reporting Bases: Case of Czech and Lithuania," International Advances
in Economic Research, vol. 14, no. 4, pp. 483-484, 2008.
[25] J. Strouhal, L. Müllerová, Z. Cardová, and M. Paseková, "National and
International Financial Reporting Rules: Testing the Compatibility of
Czech Reporting from the SMEs Perspective," WSEAS Transactions on
Business and Economics, vol. 6, no. 12, pp. 620-629, 2009.
[26] C. Watrin, et al., Book-tax Conformity and the Effect of Tax-focused
Earnings Management on Financial Accounting: Evidence from German
Public and Private Limited Companies, working paper, University of
Munster, 2008.
[1] M.A. Desai, "The Divergence between Book and Tax Income," Tax
Policy and the Economy, vol. 17, no. 1, pp. 169-206, 2003.
[2] E. Eberhartinger, Ertragsteuerliche Konsequenzen der
Internationalisierung der Rechnungslegung. Vienna: Orac, 2000.
[3] Eurostat, Key Figures on European Business: With a Special Feature on
Recession. Luxembourg: Eurostat Pocketbooks, 2010.
[4] L. Evans, and C. Nobes, "Some Mysteries Ralating to the Prudence
Principle in the Fourth Directive and in German and British Law,"
European Accounting Review, vol. 5, no. 2, pp. 361-373, 1996.
[5] J. Freedman, "Alighing Taxable Profits and Accounting Profits:
Accounting Standards, Legislators and Judges," eJournal of Tax
Research, vol. 2, no. 1, pp. 71-99, 2004.
[6] R. Groning, Steuerbilanzielle Gewinnermittlung nach US GAAP?
Cologne: Eul, 2002.
[7] S. Gupta, and L.F. Mills, "Does Disconformity in State Corporate
Income Tax Systems Affect Compliance Cost Burdens?" National Tax
Journal, vol. 56, no. 2, pp. 355-371, 2003.
[8] M. Hanlon, and T. Shevlin, "Book-tax Conformity for Corporate
Income: An Introduction to the Issues," Tax Policy and the Economy,
vol. 19, no. 1, pp. 101-134, 2005.
[9] V. Kanniainen, and J. Sodersten, ÔÇ×The Importance of Reporting
Conventions for the Theory of Corporate Taxation," Journal of Public
Economics, vol. 57, no. 3, pp. 417-430, 1995.
[10] M. Lamb, et al., "International Variations in the Connections between
Tax and Financial Reporting," Accounting and Business Research, vol.
28, no. 3, pp. 173-188, 1998.
[11] C.E. McLure, "Understanding Uniformity and Diversity in State
Corporate Income Taxes," National Tax Journal, vol. 61, no. 1, pp. 141-
159, 2008.
[12] C. Nobes, Developments in the International Harmonization of
Accounting. Cheltenham: Edward Elgar, 2004.
[13] C. Nobes, and R. Parker, Comparative International Accounting.
Harlow: Prentice Hall, 2006.
[14] M. Pasekov├í, L. M├╝llerov├í, J. Strouhal, and L. Chyzhevska, ÔÇ×IFRS for
SMEs: Challenge for Emerging Countries? Case of Czech Republic and
Ukraine," Proceedings of WASET, vol. 66, pp. 1691-1964, 2010.
[15] T.M. Porcano, and A.V. Tran, "Relationship of Tax and Financial
Accounting Rules in Anglo-Saxon Countries," The International
Journal of Accounting, vol. 33, no. 4, pp. 433-454, 1998.
[16] W. Schon, Steuerliche Massgeblichkeit in Deutschland und Europa.
Cologne: Verlag Otto Schmidt, 2005.
[17] J. Slemrod, "The Etiology of Tax Complexity: Evidence from US State
Income Tax Systems," Public Finance Review, vol. 33, no. 3, pp. 279-
299, 2005.
[18] J. Slemrod, and W. Kopczuk, "The Optimal Elasticity of Taxable
Income," Journal of Public Economics, vol. 84, no. 1, pp. 91-112, 2002.
[19] L. Smr─ìka, "The Rescue Principle in Czech Bankruptcy Law as it Exists
Now and in the Future", In. International Conference of Marketing and
Management Sciences, May 23-25, 2008, Athens, pp. 122-127, 2008.
[20] L. Smr─ìka, "Government Indebtedness and Family Indebtedness as an
Inseparable Twins in the Modern World," International Journal of
Mathematical Models and Methods in Applied Sciences, vol. 5, no. 3,
pp. 480-489, 2011.
[21] C. Spengel, "International Accounting Standards, Tax Accounting and
Effective Levels of Company Tax Burdens in the European Union,"
European Taxation, vol. 43, no. 6, pp. 253-266, 2003.
[22] J. Strouhal, Harmonization of SMEs- Financial Reporting in Emerging
CEE Countries. Stevens Point, WI: WSEAS Press, 2011.
[23] J. Strouhal, C.G. Bonaci, A. Deaconu, L. Müllerová, and M. Paseková,
ÔÇ×SMEs StakeholdersÔÇÿ Needs on Valuation and Financial Reporting,"
International Advances in Economic Research, vol. 16, no. 4, pp. 425-
426, 2010.
[24] J. Strouhal, J. Mackevi─ìius, and S. Zverovich, "Comparison of the
Reporting Bases: Case of Czech and Lithuania," International Advances
in Economic Research, vol. 14, no. 4, pp. 483-484, 2008.
[25] J. Strouhal, L. Müllerová, Z. Cardová, and M. Paseková, "National and
International Financial Reporting Rules: Testing the Compatibility of
Czech Reporting from the SMEs Perspective," WSEAS Transactions on
Business and Economics, vol. 6, no. 12, pp. 620-629, 2009.
[26] C. Watrin, et al., Book-tax Conformity and the Effect of Tax-focused
Earnings Management on Financial Accounting: Evidence from German
Public and Private Limited Companies, working paper, University of
Munster, 2008.
@article{"International Journal of Business, Human and Social Sciences:58049", author = "Marie Paseková and Jiří Strouhal and Lehte Alver and Arturs Praulinš", title = "Comparative Analysis of Tax Systems: Some Evidence from CEE Countries", abstract = "During last decades is widely discussed the
international harmonization of financial reporting. This
harmonization is also affected by national tax systems in analyzed
countries. This paper provides some evidence on current national tax
systems in selected countries in Central and Eastern Europe. The
linkage of accounting profit as a tax base might decrease the
administrative burden for majority of SMEs, which are the most
important engine of each national economy.", keywords = "International harmonization, tax system, SMEs,
Czech Republic, Slovakia, Estonia, Latvia", volume = "5", number = "5", pages = "603-7", }
