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Use Of Corporate Income Tax In Achieving Economic Growth Objectives. The Case Of The Republic Of Moldova

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  • Dorel NOROC

    (Academy of Economic Studies of Moldova, MD-2005, Republic of Moldova)

Abstract

The paper contains the author's analysis and research on using the corporate income tax for economic recovery after the post-crisis period. The case of the Republic of Moldova, which implemented a tax reform regarding the tax exemption on reinvested profit, is analyzed. The article aims to explore the effects of the reform from the perspective of the impact on economic growth and budget revenues. Following the analysis, solutions are proposed to improve the national tax system to contribute more to economic growth. The solutions aim to implement tax incentives better directed to the intended purpose and have a lower budgetary impact.

Suggested Citation

  • Dorel NOROC, 2024. "Use Of Corporate Income Tax In Achieving Economic Growth Objectives. The Case Of The Republic Of Moldova," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 12(1), pages 62-68, February.
    • Handle: RePEc:scm:ejafbu:v:12:y:2024:i:1:p:62-68
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    References listed on IDEAS

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    1. Cristina Elena CAZACU & Teodora Valentina LICÄ‚ & Cristina Gabriela COSMULESE, 2022. "Pandemic In Romania €“ Financial And Taxation Measures Taken During The Covid-19 Crisis And Their Effects On The Romanian Public Economy," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 10(3), pages 41-52, October.
    2. Santiago Acosta‐Ormaechea & Sergio Sola & Jiae Yoo, 2019. "Tax Composition and Growth: A Broad Cross‐country Perspective," German Economic Review, Verein für Socialpolitik, vol. 20(4), pages 70-106, November.
    3. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    4. Student Olga COVALI & Cristina Gabriela COSMULESE & Veronica GROSU, 2020. "A Brief Analysis Of The Methods To Determine The Efficiency Of Financial Fiscal Control," European Journal of Accounting, Finance & Business, "Stefan cel Mare" University of Suceava, Romania - Faculty of Economics and Public Administration, West University of Timisoara, Romania - Faculty of Economics and Business Administration, vol. 13(23), pages 68-79, June.
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