Tax harmonization

The present study finds that raising tax revenue size is of no benefit to economic growth. Therefore, by 2020, Vietnam will have overcome several challenges in the process of tax reform such as broadening the tax base, simplifying the tax administration according to international standards, and harmonizing tax system grounds between ASEAN members.

25p danhnguyentuongvi27 18-12-2018 27 0   Download

In contrast, privately held firms have relatively concentrated ownership structures and hence can efficiently communicate among shareholders information via private channels. Therefore, financial information and reported earnings are less important in communicating firm performance, which in turn makes private firms less likely to expend resources (e.g., hiring a high quality auditor) to produce earnings that are highly informative about economic performance.4 Moreover, reported earnings can assume a different role than for public firms.

0p bin_pham 06-02-2013 51 4   Download