INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
Abstract: The main objective of this study was analyzing the legal and economic analysis on effect of corporate income tax and double Taxation in Rwanda. This study was survey, descriptive, qualitative, quantitative, and correlative design. The study was used both primary and secondary data, 72 staffs of RRA was sampled to fill questionnaire purposively. Data analyses were presented as descriptive and inferential statistics (correlation analysis). The study findings have shown that, corporate income tax contribute 99.6% to the national GDP while only 0.4% explained by other factors not covered by this analysis. And this contribution (tax to GDP) is statistically significant. As that called double taxation is associated or may be considered as a tool for increasing tax which later contribute to the increase of national GDP. This confirms that the legal and economic determinants of taxes are statistically significant to double taxation in Rwanda. However, the analysis of correlation between Legal and Economic analysis of corporate income tax and double taxation and has resulted lower contribution (20.1%) and remaining 79.9% is associated to other non-covered factors within this study. Based on findings, it is confirmed that, there is significant relationship between a legal and economic determinants and double taxation of corporate income tax in Rwanda. Thus, corporate companies are recommended to reinvest income which supposed to be distributed to shareholders (loan of company to shareholders) and ensure that all taxes paid twice was claimed from RRA for reimbursement (mainly those from both materials, goods and services already taxed before).
"A Legal and Economic Analysis on Effect of Corporate Income Tax and Double Taxation: A Case Study of Rwanda (2015-2019)", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 6, page no.686-696, June-2022, Available :http://www.ijnrd.org/papers/IJNRD2206079.pdf
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2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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