Influence of Taxation on Investment Decisions by Entrepreneurs
Renata Burchart
Department of Accounting, University of Warmia and Mazury in OlsztynHenryk Lelusz
Department of Accounting, University of Warmia and Mazury in OlsztynResumen
The example presented in the paper explains operation of the phenomenon known in the literature as the "taxation paradox" that means that the net present value of the investment after considering taxation is higher than the net present value after taxation or the other way round. The aim is to present that dismissing the taxation aspects in the decision taking processes may result in inappropriate choices or lead to resignation from a profitable investment project by investors.
Palabras clave:
supply chains, pork market, quality management strategyCitas
Gomułowicz A., Małecki J. 2004. Podatki i prawo podatkowe. Warszawa.
Jamroży M. 2000. Usługi doradcze a koszty uzyskania przychodów. Doradca Podatnika, 34: 9-12.
Kudert S., Jamroży M. 2007. Optymalizacja opodatkowania dochodów przedsiębiorców. Wolters Kluwer Polska Sp. z o.o. Warszawa.
Act of the 26th of July 1991 on personal income tax. DzU of 2012 item 361.
Act of the 15th of February 1992 on corporate income tax. DzU of 2011 No 74, item 397.
Department of Accounting, University of Warmia and Mazury in Olsztyn
Department of Accounting, University of Warmia and Mazury in Olsztyn
Licencia
An Author declares that his paper has not been published before (under the same or another title, or is a part of another publication) and does not infringe copyrights of other persons**. At the same time, the Author transfers to the Publisher the exclusive right to publish and to circulate this work in print in the form of a non-serial journal publication and in a form of an electronic publication.
The journal is available on Creative Common license CC-BY-NC-ND
