Abstract
In this paper, we combine interviews, surveys, and panel data regression to find factors affecting corporate income tax (CIT) non-compliance. This study is based on the analysis of 105 Vietnamese companies which were inspected by tax officials in 2011–2015. The results show that the following seven factors affect CIT non-compliance: the ratio of Working Capital/Total Assets, Turnover/Total Assets, Previous Loss, Inventories/Total Assets, Accounts Receivable/Turnover, size of the enterprise, and debt fines for tax administrative/tax amounts payable in the period. The article shows that the information from the financial statements can help the tax officials detect the CIT non-compliance, and suggest appropriate tax management policies for enterprises in Vietnam.
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Loan, N.T., Anh, N.V.H., Quoc, P.P. (2018). Detecting Corporate Income Tax Non-compliance from Financial Statements: A Case Study of Vietnam. In: Anh, L., Dong, L., Kreinovich, V., Thach, N. (eds) Econometrics for Financial Applications. ECONVN 2018. Studies in Computational Intelligence, vol 760. Springer, Cham. https://doi.org/10.1007/978-3-319-73150-6_52
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