Industrial Tax Research Articles

Structural Innovation and Theoretical Optimization of Modern Cultural Industry Tax Administration Based on Lasso Regression Algorithm

Abstract China’s modern cultural industry faces difficulties in tax collection and high pressure on expenditure; in order to solve such problems, this paper constructs a modern cultural industry tax model based on Lasso regression algorithm to promote the development of modern cultural industry. In order to further study the relationship between economic factors and the tax revenue of the modern culture industry, the relevant data on China’s tax revenue between 2000 and 2021 are selected, and 12 economic factors affecting the tax revenue of the modern culture industry are screened by combining the least squares method, Lasso regression algorithm and linear regression model. After the screening of indicator variables, according to the linear regression theory, the relationship between the key economic factors screened out by Lasso regression algorithm and the fiscal revenues is estimated by fitting and tested for normality, and the modern culture industry tax revenue model based on Lasso regression algorithm is constructed. Based on the tax revenue of the modern cultural industry between 2000 and 2021, the Lasso regression algorithm is used to analyze the modern cultural industry tax revenue. Examples are used to analyze the results. The results show that the tax revenue of the culture industry in 2020 is obtained as 208, 988, 838.42 billion yuan, and the tax revenue of the culture industry in a province in 2021 is 221, 794, 675 billion yuan, and its growth rate is 6.13%, which indicates that the Lasso regression algorithm is able to extract the information contained in the tax revenue of the modern culture industry well, and the coefficients of the parameter part are also in line with the actual tax situation coincides with the actual tax situation. Through the innovation of tax management structures and theoretical optimization, this study aims to promote the healthy and rapid development of modern cultural industries.

Optimal industry tax rate adjustment for investors in Denmark

The paper considers the possibility of setting differentiated corporate profit rates on foreign direct investment in various industries in Denmark in order to increase the country's economic growth. The development of one of the authors regarding the determination of equilibrium prices in retail trade was taken as the main method. According to this method, prices were raised for those goods that sold better. On the contrary, the prices of low-demand goods decreased. A test of that technique in the retail trade proved that customers who bought goods that went up in price did not abandon those goods. On the other hand, the sales of low-demand goods increased, as a result of which the traders' incomes increased. The adaptation of this principle for the reorganization of the taxation system was based on the idea that if the tax on a certain branch of the economy, which gives the largest income to the budget, is increased, investors will not refuse to invest it in the future, and a decrease in the tax on the branch that gives small deductions to the budget of the country, on the contrary , will attract additional investments. In order to limit the possible changes in tax rates for various sectors of the Danish economy, five Danish economists were involved, who expressed their opinion on the permissible limits of tax rate changes. The level of agreement between experts' opinions, determined by the Kendall concordance coefficient, was sufficient. The problem of mathematical programming was formulated in such a way that the total percentage of tax changes was equal to zero and that the tax change did not exceed the limits determined in advance by the experts. The optimal calculation of corporate tax rates for each industry in Denmark was performed using 2022 data, showing the following results: Agriculture, Forestry and Fisheries 20.96%, Mining 20.92%, Manufacturing 22.2%, Utilities 22 ,44%, Construction 21.93%, Trade and transport 22.25% , Information and communication 22.62%, Finance and insurance 22.93%, Real estate transactions and lease of non-residential buildings 22.13%, Residential houses 22.11%, Other business services 22.25%, Government, education and health care 21.01%, Arts, entertainment and other services 22.25%.

Optimization of taxation by indirect taxes in the energy industry of Russia

Optimization of taxation by indirect taxes in the energy industry of Russia

Research on Rreferential Tax Policy of Sports and Health Service Industry

Against the backdrop of Healthy China, the development scale of China's sports industry continues to expand, the overall volume of the sports health service industry increases rapidly, and the structure of industrial development is further deepened. Taking the preferential tax policies of the sports health service industry as the research object, this paper analyzes the developmental status of preferential tax policies of the sports health service industry in China. The preferential policies for sports industry tax are not wide enough, the preferential policies for tax are not detailed enough, and it is difficult to operate and implement. Then, further reasonable suggestions for optimization are put forward, aiming to enrich the theoretical research related to the sports industry, provide some guidance for improving the industry's preferential tax policies, and ultimately help its sustainable development.

БЮДЖЕТНО-НАЛОГОВЫЕ ИНСТРУМЕНТЫ РЕАЛИЗАЦИИ НАЦИОНАЛЬНОГО ПРОЕКТА «ТУРИЗМ И ИНДУСТРИЯ ГОСТЕПРИИМСТВА»

The relevance of the paper is due to the need to improve budgetary and tax instruments for the implementation of the goals of the national project “Tourism and the hospitality industry”. The purpose is the scientific search for new tools for the development of tourism and the hospitality industry through budget financing and industry taxation. The structure includes an analysis of the budget support of the national project “Tourism and the hospitality industry” for 2023 and the planning period 2024-2025, the characteristics and projected consequences of the introduced in 2022-2023 VAT tax benefits for tourism industry entities, assessment of resort tax indicators and author’s proposals for its improvement. As a result, it was revealed that budget support for the hospitality industry will be drastically reduced from 2025, so industry business and local authorities need to find their own sources of financing, one of which is the resort tax.

Tax Review Models and Working Papers in the Framework of Preparation for A Tax Audit (Case Study PT BJS)

The existence of an examination letter addressed to the Industry as a taxpayer is a scourge that is very much feared by every taxpayer as a business actor receiving income. The existence of an audit means problems for the Industry as a taxpayer, ignorance of the rules and mistakes that may occur either intentionally or unintentionally in reporting Industrial taxes will eventually become a very feared scourge. The existence of payment of the principal tax that must be paid after the tax audit, as well as very large fines and sanctions due to the reporting errors in a very large amount, has disrupted the cash flow of the industry. So as to minimize errors and confusion in tax reports regarding fiscal financial reports that are reported to the Directorate General of Taxes (DGT) in the form of SPT, then prior to the existence of an audit letter it is better to hold a tax review contained in the working papers, to review or examine what tax obligations are inherent in every transaction that is in the commercial financial reports produced by the Industry, prior to reporting taxes. So that if there is a tax audit by the DGT on income from these business activities, a review or review of the tax payable that may exist in every transaction of the Industry's financial statements has been carried out beforehand, so that fines or sanctions that may arise can be minimized or prevented from the start. Ignorance of the need for a tax review model by the Industry made researchers conduct research on the tax review model and working papers in accordance with applicable tax regulations, in the face of a tax audit for Industry as a taxpayer and IDUKA.
 This research method uses a qualitative descriptive method, which begins with designing a tax review in working papers for financial reports prepared by the industry as a taxpayer.
 The results of this study produce a tax review model with audit work papers in preparing tax audits which are expected to assist taxpayers in planning corporate taxes.

The use of cognitive psychology-based human-computer interaction tax system in ceramic industry tax collection and management and economic development of Jingdezhen city.

This work aims to solve the complex problems of non-linearity, instability, and multiple economic factors in the tax forecast of the ceramic industry to ensure the sustainable development of the ceramic industry. The key influential indicators of the tax forecast are obtained by analyzing the principal components affecting the tax index. In addition, a human-computer interaction (HCI) system is established based on cognitive psychology theory to improve the user-friendliness of tax analysis. At the same time, the tax data of the ceramic industry in Jingdezhen City, Jiangxi Province in different years are used for the empirical analysis of the tax prediction of different prediction models, including particle swarm optimization (PSO) algorithm, and fusion algorithm (FA), and support vector machine (SVM). This work comprehensively analyzes the influence of the optimized tax supervision mode on the economic development of the ceramic industry and provides ideas for the development of the ceramic industry in Jingdezhen. The research results demonstrate that the main indicator affecting tax revenue is the added value of the primary and secondary industries. The optimized SVM based on grid search method can provide a comprehensive data base for tax forecasting. The optimization of the computer system based on cognitive psychology improves the model prediction accuracy by 10%, and the absolute error decreases from 6.9 to 1.8%. The tax forecast results indicate that the tax imbalance in Jingdezhen is increasing. Therefore, the government needs to attach great importance to the development of the ceramic industry and strictly implement the tax policy. The tax supervision model can alleviate the problems of low fiscal contribution rate, tax evasion, and management loopholes. In addition, the SVM tax prediction model optimized by grid search method will lay a theoretical foundation for the research and application of taxation in the ceramic industry.

The effects on clinical trial activity of direct funding and taxation policy interventions made by government: A systematic review.

Governments have attempted to increase clinical trial activity in their jurisdictions using a range of methods including targeted direct funding and industry tax rebates. The effectiveness of the different approaches employed is unclear. To systematically review the effects of direct government financing interventions by allowing companies to reduce their tax payable on clinical trial activity. Pub Med, Scopus, Sage, ProQuest, Google Scholar and Google were searched up to the 11th of April 2022. In addition, the reference lists of all potentially eligible documents were hand searched to identify additional reports. Following feedback from co-authors, information on a small number of additional interventions were specifically sought out and included. Summary information about potentially eligible reports were reviewed independently by two researchers, followed by extraction of data into a structured spreadsheet for eligible studies. The primary outcomes of interest were the number of clinical trials and the expenditure on clinical trials but data about other evaluations were also collected. There were 1694 potentially eligible reports that were reviewed. Full text assessments were done for 304, and 30 reports that provided data on 43 interventions were included- 29 that deployed targeted direct funding and 14 that provided tax rebates or exemptions. There were data describing effects on a primary outcome for 25/41 of the interventions. The most common types of interventions were direct funding to researchers via special granting mechanisms and tax offsets to companies and research organisations. All 25 of the studies for which data were available reported a positive impact on numbers and/or expenditure on clinical trials though the robustness of evaluations was limited for many. Estimates of the magnitude of effects of interventions were reported inconsistently, varied substantially, and could not be synthesised quantitatively, though targeted direct funding interventions appeared to be associated with more immediate impact on clinical trial activity. There is a high likelihood that governments can increase clinical trial activity with either direct or indirect fiscal mechanisms. Direct funding may provide a more immediate and tangible return on investment than tax rebates.

In Case You Haven't Heard…

Decriminalization of drug possession in Oregon — including marijuana, heroin, cocaine and methamphetamine — was accomplished in 2020 by voters who passed Ballot Measure 110 (see Drug decriminalization measure in Oregon would not increase treatment funding, ADAW Dec 7, 2020; https://onlinelibrary.wiley.com/doi/10.1002/adaw.32905). Supporters of the measure (mainly, the Drug Policy Alliance, which sponsored it) promised that millions of dollars would go to funding treatment centers. That didn't happen. Yes, there were millions of dollars that were supposed to go from the cannabis industry tax revenues to the state, and the money did in fact go to the state, but the state apparently didn't have the money or the workers to figure out how to respond to the applications for funding. Once again, the treatment programs and voters were hoodwinked.

Tax Sustainability: The Influence of the Tourism Industry Tax and Tourist Object Retribution on Regional Original Revenue in the Tanimbar Islands, Maluku, Indonesia

In underdeveloped countries, tourism is the primary economic engine. Numerous tourists visit the tourism sector, including ecotourism and rural tourism (Ridwan et al., 2016). Additionally, the growth of this industry results in an increase in regional income; additionally, the tourist sector can inspire new infrastructure investment to ensure the area's tourism sustainability. To boost regional revenue, the government must develop and support tourism destinations, allowing the industry to contribute to economic development. The purpose of this study is to examine the impact of the tourism industry tax and the tourist object retribution on regional original income in the Tanimbar Islands Regency between 2018 and 2020. The population studied in this study is the Tanimbar Islands Regency's government. The sampling technique employed was sample research, in which a subset of the population was used to conduct the research. This study gathered data from 2018 to 2020. The research data used in this study are secondary data gathered from the Tanimbar Islands Regency's Regional Revenue Service, Culture and Tourism Office. Data analysis techniques utilizing descriptive statistics, the classical assumption test, the multiple linear regression model, hypothesis testing, and measuring the coefficient of determination R2 using SPSS. The study's findings indicate that the Tourism Industry Tax and the Retribution on Tourist Objects have a favorable and considerable effect on regional original income.

Distribution & Sales Control in Music Companies in the Industrial Era 4.0: A Case Study in the Indonesian Music Industry

On April 4, 2018 the Government of the Republic of Indonesia through the Ministry of Industry & Trade launched the 'Making Indonesia 4.0' program as a road map towards industrial competitiveness and industrial transformation. In a step to implementing Making Indonesia 4.0, the Ministry of Industry & Trade of the Republic of Indonesia also launched the Indonesia Industry 4.0 Readiness Index (INDI 4.0). Namely the Index to measure the industry's readiness to transform and a reference to access the industry's readiness to transform itself. In Indonesia, the music industry has also developed towards 4.0, which is still intended for users of music products in Indonesia, namely Karaoke Companies. Namely a company in the tourism and entertainment industry that provides space services, musical instruments and catalogs of various songs. The problem is, the quantity of playback of each song A, B and or C still cannot be controlled properly by the Government, where and only hand over control to music publishers who have licenses and permits from the Government as an institution that controls the circulation of products and works of artists, as a result there is no clear transparency regarding reporting so that the control provided is not optimal. This results in an unequal distribution of profits, so that the profits obtained are still mostly owned by some collectors who are under the auspices of music publishers and often harm the creators of works, as well as musicians, so that they do not get the royalties or remuneration that they receive. and can also harm the Government, where the Government should derive income from taxes in the music industry. However, in reality the Government does not earn significant income from taxes in the music industry because the games from several music publishers tend to play a hidden role in generating profits in the music industry, so that the supporting infrastructure in the recording process and the process of monitoring the distribution and circulation of music products is still not yet available. exist, so that the necessary control is still weak, and provides opportunities for unequal distribution of results to creators, musicians and also the Government by Collectors due to the sale of all performance rights and mechanical rights through entertainment venues and channels.Digital Music Distribution (Music Aggregator) is not transparent and tends to harm the creators of works, musicians and also the Government regarding acceptance.

Measuring the Effects of Changes in Foreign Exchange Rates on Determining the Commercial and Industrial Profits Tax Base: A Standard Study on Commercial Banks Operating in the Republic of Yemen

The study aimed to measure the effects of changes in foreign exchange rates on determining the commercial and industrial profits tax base, through a standard study on commercial banks operating in the Republic of Yemen. To achieve this goal, the study relied on annual time series of the published financial statements of banks operating in the Republic of Yemen for each of the foreign currency position of assets and liabilities during the period (2011-2017). The Statistical Analysis Software (EViews V.10) was used in data analysis. The results showed that changes in foreign exchange rates affect the determination of the commercial and industrial profits tax base. The study recommends adherence to the requirements of International Accounting Standard No. (21) when measuring the effects of changes in foreign exchange rates on determining the commercial and industrial profits tax base, in a manner that does not conflict with the provisions of Yemeni Law No. (17) of 2010 “income taxes” and its amendments.

Effect on the new investments that the industry and commerce tax has on the business organizations of the municipality of Armenia Quindío - Colombia

Investment not only generates employment and more tax revenue for municipalities, but also becomes an engine of development that boosts the economy and trade flows, stimulating competition, innovation and economic growth in a region, which in the end translates into well-being for the general population, This study aims to identify which tax aspects of the industry and commerce tax have influenced the progress business growth and investment by domestic and foreign entrepreneurs in the municipality of Armenia in the years 2018 to 2021.

Discussion on a big data information processing model: Taking the fiscal quality evaluation of the Pearl River Delta as an example

Under the background of vigorously promoting the high-quality economic development model in China, this paper proposes a Dynamic Double Index model to evaluate the fiscal output quality of cities in the Pearl River Delta. The empirical results show that Shenzhen, Guangzhou are at a high quality level, while Zhuhai, Foshan, Huizhou, Zhongshan and Dongguan are at a low quality level. This empirical result is consistent with the fact that Shenzhen has industrial tax source advantages, Guangzhou has consumption tax source advantages, but Zhuhai, Foshan, Huizhou Zhongshan and Dongguan do not have advantages. At the same time, the consistency also proves that the Dynamic Double Index model has accurate measurement function and can be used as a powerful tool to deal with big data information problems.

Application of panel data-generalized method of moments on the impact of urban output

This article summarized the mechanism of the impact of real estate tax on city output path, on the basis of selecting the Chinese provincial panel data from 2005 to 2019, by using the PD - GMM method. The real estate tax was taken as the core explanation variable, and was added a lot of control variables to establish the impact of real estate tax on city output 7 panel data models. We estimated and analyzed the robustness through Eviews software. Research results showed that: (1) from the national level, the real estate industry tax would have a significant effect on urban output, and there is a "U" shaped relationship between the output and the real estate tax and cities. At the beginning of the urban development, the city real estate tax inhibited output, when the urban economy was in the period of high quality development. The real estate tax on urban output result, had obvious function. (2) At the regional level, the real estate tax in the eastern region had a negative inhibitory effect on the urban revenue, while the real estate tax in the western region had a significant promoting effect on the urban revenue, and the influence degree was shown as the eastern>western>middle. (3) The more real estate investment and human capital are tilted to the west, the more favorable the development of the western region, while the impact on the eastern and central regions was not significant.

Reliability of Tax Declarations and their Impact on Reducing Commercial and Industrial Profits Tax Evasion in Yemen

This study aimed to investigate the reliability of tax declarations and their impact on reducing commercial and industrial profits tax evasion in Yemen. To achieve this objective, the periodic reports of the executive tax units of large taxpayers during 2010 -2013 were used, and results of auditing tax declarations by the tax units were reviewed. The tax declarations belonged to registered public or mixed sector establishments and institutions, or money, individual companies, or in organizations and associations. The study sample consisted of “402” taxpayers who submitted their tax declarations for 2010-2013. For data analysis, the SPSS package was used, through which descriptive analysis was used according to business sectors: correlation analysis and simple regression analysis for four consecutive years. The study results revealed a significant impact of the reliability of tax declarations on reducing commercial and industrial profits tax evasion in Yemen. The study showed that the submission of reliable information about real incomes by large tax payers was considered the most important factor for reducing tax evasion. The study stressed the need to review the declarations, without exceeding the specified period of two years. It also stressed the need to update the system of reviewing tax declarations submitted by taxpayers, and to apply the penalties stipulated in the Income Tax Law No. 17 of 2010 concerning cases of evading commercial and industrial profits tax.

Reliability of Tax Declarations and their Impact on Reducing Commercial and Industrial Profits Tax Evasion in Yemen

This study aimed to investigate the reliability of tax declarations and their impact on reducing commercial and industrial profits tax evasion in Yemen. To achieve this objective, the periodic reports of the executive tax units of large taxpayers during 2010 -2013 were used, and results of auditing tax declarations by the tax units were reviewed. The tax declarations belonged to registered public or mixed sector establishments and institutions, or money, individual companies, or in organizations and associations. The study sample consisted of “402” taxpayers who submitted their tax declarations for 2010-2013. For data analysis, the SPSS package was used, through which descriptive analysis was used according to business sectors: correlation analysis and simple regression analysis for four consecutive years. The study results revealed a significant impact of the reliability of tax declarations on reducing commercial and industrial profits tax evasion in Yemen. The study showed that the submission of reliable information about real incomes by large tax payers was considered the most important factor for reducing tax evasion. The study stressed the need to review the declarations, without exceeding the specified period of two years. It also stressed the need to update the system of reviewing tax declarations submitted by taxpayers, and to apply the penalties stipulated in the Income Tax Law No. 17 of 2010 concerning cases of evading commercial and industrial profits tax.

Continued increases in military and police spending can lead to economic collapse

Human defence expenditure has increased due to the need for permanent military and police forces, which has led to the creation of a perpetual fear industry. The so-called fear industry refers to the industry created due to real or perceived fear, without this fear, the industry cannot be created. Most defence economic studies (both military and police) focus on various empiric aspects such as opportunity costs, GDP growth, public expenditure and defence industry taxes. However, this study focuses on the development and explanation of the theory behind the creation and death of this preputial industry of fear. This study also presents the concept of social GDP and free GDP, which can help to present the long-term economic effects of the reduction or possible elimination of defence spending by national governments. Decreased defence spending generally has economic and social benefits for the general public. In the long run, rising costs of the defence industry (military and police spending, etc.) and other miscellaneous social issues can lead to civil unrest or possible civil wars, which can have a devastating impact on global economies in the long run. It is therefore in the interests of global economies to begin to reduce expenditure, to seek cheaper and more acceptable alternatives, and eventually to get rid of these fear-based expenditures.

A Study on Impact of GST in Different Sectors in India

The Goods and Services Tax (GST) was a major change to India's tax system that was put into place to encourage economic growth and simplify taxes. The varied effects of GST on different parts of the Indian economy are explored in this research. With the elimination of tax cascades and the promotion of supply chain efficiency, GST has simplified the tax structure in the manufacturing sector. But there have been obstacles including adjustment periods and early compliance expenditures. The Goods and Services Tax (GST) has simplified and standardised taxes in the service industry, making it easier to do business and encouraging investment. However, at this time of change, several service industries did see brief interruptions. Furthermore, many enterprises that were not registered before are now joining the formal economy as a result of GST compliance requirements, which has caused a transition in the informal sector

Study on tax burden calculation and risk allocation for industries in free trade zones

The existence of tax burden outlier of industries will hinder the sustainable development of the regional economy. By calculating the tax burden of 3,585 enterprises in 11 industries in China (Zhejiang) Pilot Free Trade Zone, we find that there are six industries with abnormal tax burden, namely, the construction industry, transportation, the warehousing and postal industry, information transmission, software and the information technology service industry, the financial industry, the real estate industry, and the leasing and business service industry. Based on the semi-parametric time-varying model, we changed the time variable into the industry variable, and studied the mutual influence of the tax burden of each industry under the control variables of actual tax burden and employment number respectively and jointly driven. Considering the control variable as the formulation of tax policy, we can calculate the interaction and fluctuation range of each industry tax burden under different tax policies. According to this result, the tax burden risk of six industries with tax burden outlier is allocated.