Economic freedom and Corruption are always important issues that governments need to control, due to their impact on the development of each country is very large, especially in developing countries. The purpose in this article is to determine the impact of economic freedom index and corruption perceptions index on corporate income tax revenue. Empirical method was employed on secondary time series data set during the period 1999-2018. Econometric tools were employed to present and analyze the collected data from concerned bodies. The results show that economic freedom index and corruption perceptions index is significantly and positively correlated with corporate income tax revenue at 1% significance level. Besides, annual rate of inflation has a negative and significant impact on corporate income tax revenue at 10% significance level.
Foreign direct investment is an important source of investment capital that is indispensable to contribute to each country's total investment capital. FDI attraction has always been of special interest to governments in both developed and developing countries. The empirical method was employed on a secondary time series data set during the period 1999-2018 to determine the impact of economic freedom index and corruption perceptions index on foreign direct investment in Vietnam by using the linear approach. The empirical results show that the relationship between corruption perceptions index and foreign direct investment is a positive sign at a 1% significant level. The effect of economic freedom index on foreign direct investment has a positive effect at a 5% significant level.
Individual income tax revenue accounts for a high proportion of Vietnam's total tax revenues. The purpose of the article is to study the factors affecting individual income tax revenue in Vietnam. The findings show that there are three factors, which have the strongest impact on the individual income tax revenue including GDP at current prices, individual income tax burden and inflation. Based on the empirical results, the article proposes some policy implications that can increase the individual income tax revenue without exceeding the people's endurance.
Taxes are the most important revenue source for the state budget. Income from individual income tax as a percentage of total tax revenue is increasing according to the development process of each country. The purpose of the article is to analyze the relationship between GDP per capita and individual income tax revenue in Vietnam. Empirical method is employed on secondary time series data set during the period 1999-2018. Econometric tools are employed to present and analyze the collected data from concerned bodies. The result shows that the GDP per capita has a positive effect on individual income tax revenue at 1% significant level. Moreover, the article also finds that tax revenues during the period of the individual income tax law are higher than the period of the income tax ordinance for high-income earners.
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