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Determinants of Corporate Income Tax Revenue in Vietnam

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  • Nguyen Huu Cung
  • Than Thanh Son

Abstract

The article identifies the determinants of corporate income tax revenue in Vietnam by using a time series data set for the years from 1999 to 2016. A set of factors that can potentially effect on corporate income tax revenue such as GDP at current prices, corporate income tax burden, inflation, corruption perceptions index and tax rate, is considered in the econometric analysis. The authors have several distributions that not only the analysis of each factor effecting corporate income tax revenue in the model with only one independent variable but also conducting the analysis about how these determinants affect corporate income tax revenue. The finding reveals that GDP at current prices and corporate income tax burden have a positive effect and significant on corporate income tax revenue; corruption perceptions index and tax rate have a positive and negligible impact; annual rate of inflation has a negative and negligible impact. Â JEL classification numbers: H21, H24, H26, F23

Suggested Citation

  • Nguyen Huu Cung & Than Thanh Son, 2020. "Determinants of Corporate Income Tax Revenue in Vietnam," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 10(1), pages 1-7.
    • Handle: RePEc:spt:admaec:v:10:y:2020:i:1:f:10_1_7
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    References listed on IDEAS

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    1. Xing Liu & Shujun Cao, 2007. "Determinants of Corporate Effective Tax Rates: Evidence from Listed Companies in China," Chinese Economy, Taylor & Francis Journals, vol. 40(6), pages 49-67, November.
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    3. Cung Huu Nguyen & Hua Liu, 2014. "A Comparative Study on Individual Income Tax Burden of Vietnam and China," Business and Management Research, Business and Management Research, Sciedu Press, vol. 3(2), pages 60-66, June.
    4. Kimberly Clausing, 2007. "Corporate tax revenues in OECD countries," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 14(2), pages 115-133, April.
    5. Agbeyegbe, Terence D. & Stotsky, Janet & WoldeMariam, Asegedech, 2006. "Trade liberalization, exchange rate changes, and tax revenue in Sub-Saharan Africa," Journal of Asian Economics, Elsevier, vol. 17(2), pages 261-284, April.
    6. Workineh Ayenew, 2016. "Determinants of Tax Revenue in Ethiopia (Johansen Co-Integration Approach)," International Journal of Business, Economics and Management, Conscientia Beam, vol. 3(6), pages 69-84.
    7. Nguyen Huu Cung, 2015. "Corporate Income Tax Burden and its Determinants: Evidence from Vietnam," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 5(3), pages 1-8.
    8. Abhijit Sen Gupta, 2007. "Determinants of Tax Revenue Efforts in Developing Countries," IMF Working Papers 2007/184, International Monetary Fund.
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    More about this item

    Keywords

    Income tax; Tax revenue; Corporate income tax; Vietnam;
    All these keywords.

    JEL classification:

    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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