State of AUTHENTICITY AND WORD COUNT STATEMENT OF AUTHENTICITY
Added on 2020-03-07
83 Pages25806 Words495 Views
1STATEMENT OF AUTHENTICITY AND WORD COUNT STATEMENT OF AUTHENTICITY I have read the University Regulations relating to plagiarism and certify that this dissertation is all my own work and does not contain any unacknowledged work fromany other sources. WORD COUNT: 17,000
2Acknowledgement:The paper that has been constructed by taking of several people who have assisted me in order to complete the paper within a stipulated time period. I am greatly grateful to my parents who have assisted me in completing the tasks by supporting me mentally and motivating me from time to time in order to face the limitations faced during the construction of the paper. I am even thankful to my Professor who has been very helpful and kind and has assisted me in times I needed help. I would also like to thank the almighty as the paper could not have been completed without his presence. Thank You
3Abstract The abstract has been provided to make a clear idea about the matters that areconcerned in the paper. Tax avoidance is regarded as acting within the law sometimes onthe boundary of legality, to reduce or eliminate tax which might otherwise be lawfullyowed Tax avoidance is regarded as acting within the law sometimes on the boundary oflegality, to reduce or eliminate tax which might otherwise be lawfully owed. It is worthmentioning that the tax avoidance is seeking to reduce the tax bill without the deliberatedeception which would be considered as the tax evasion by opposing the spirit of law. It isnoteworthy to denote that majority of the indicators have represented that the method of taxpractice adopted by some of the multinational organizations have turned out to be veryaggressive over the time, this brings forward the serious issues of fairness and compliance. The review of literature provides the suggestions with respect to this topic that has beenundertaken earlier by other researchers. It is therefore seen that tax avoidance, corporategovernance and decision making has a significant impact on the economy as well as theorganizations and therefore should initiate various actions that would be influential for thecompletion of the paper in an effective manner.
4Table of ContentsCorporate governance, decision making and tax avoidance...................................................0SIMBIAT AINA-MARSHALL..............................................................................................0Chapter 1: Introduction...........................................................................................................8Introduction.............................................................................................................................8Background of the Study:.......................................................................................................8Research Question:...............................................................................................................11Objective of the Study:.........................................................................................................11Reason behind the investigation of Research:......................................................................11Brief literature Review..........................................................................................................12Choice of Research Methodology:........................................................................................13Chapter 2: Literature Review:...............................................................................................14Introduction...........................................................................................................................14Chapter 3: Research Methodology........................................................................................27Introduction...........................................................................................................................27Research Outline...................................................................................................................28Research Methodologies.......................................................................................................28Choice of Research Methodology.........................................................................................29Research Onion.....................................................................................................................29Adoption of the research methods........................................................................................30
5Development of the Research Instrument.............................................................................31Research Philosophy.............................................................................................................31Research Approach...............................................................................................................32Research Design....................................................................................................................33Piloting the study..................................................................................................................34Sample Choice......................................................................................................................35Data Recording and Collection.............................................................................................36Quantitative Data..................................................................................................................36Secondary Data.....................................................................................................................37Data Analysis........................................................................................................................37Data Reliability and Validity................................................................................................37Ethical Consideration............................................................................................................38Time Frame...........................................................................................................................38Chapter 4: Data Analysis and Discussion.............................................................................39Introduction:..........................................................................................................................39Aggressive tax planning and its impact:...............................................................................39Earlier studies and outcome:.................................................................................................40Impact on the value of a firm:...............................................................................................41Practical organizations and the use of aggressive tax planning:...........................................41Starbucks UK:.......................................................................................................................42
6Impact on profit and tax:.......................................................................................................43Amazon UK:.........................................................................................................................44Impact and payment of tax:...................................................................................................47Google UK:...........................................................................................................................47Impact on profit and tax:.......................................................................................................48Companies without aggressive tax planning and impact on their operational parameters:..49Conclusion:...........................................................................................................................50Chapter 5: Summary, Conclusion and Recommendation.....................................................51Summary...............................................................................................................................51Conclusion............................................................................................................................53Recommendation..................................................................................................................54Future Work..........................................................................................................................54Reference List and Bibliography..........................................................................................55
7Chapter 1: Introduction IntroductionIn combination with the slow development of economy, the monetary crisis anddebt crisis have contributed to the facts related to tax avoidance which is identified as thefundamental problem. The revelations by offshore leaks from the International Consortiumof Investigation Journalist has provided necessary contributions which have increasinglybrought the discussion out in the public (Sikka 2014). Tax avoidance and tax frauds fromthe well-known personalities of politics, sports, the arts and commerce have attractedintensive coverage in the media. As the activities of rules are organized in conformity withthe law however they are generally based on the margins of legitimacy. The ambiguitiesand discrepancies are exploited in order to attain the corresponding tax advantages whichwere not originally envisaged in this form by the legislators. This is one of the area that ismostly favored by the auditors, tax consultancies and banks. They are regarded as one ofthe most significant players in the system of tax avoidance. Rich individuals do not find that hard to say publicly about their wealth at home andmoving their wealth to the offshore bank accounts (Braithwaite 2017). Trust andfoundations are regarded as the preferred practical vehicle for this. The lack of rulesrelating to transparency enables the owners and the beneficiaries to make use of thetrusteeships to remain anonymous. Capital flight would not be considered as possiblewithout the help of the private banks and auditing companies as they are in any caseavailable in the all the important tax havens. Background of the Study:From the policy of taxation perspective, tax avoidance can create several problems.More significantly, tax avoidance prohibits the taxation system from entirely realizing themain objectives of the raising income and redistributing the income and wealth(Dharmapala 2017). It impairs equity in the system of tax since it undermines the neutralityinvolved in the system of taxation by encouraging and rewarding the contrived businessforms. It creates complexity where the method of simplicity is desired and wastes theadministrative resources which can be devoted in more productive attempt than the clash
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Impact of Rewards on Employee Motivation: A Study on Marks and Spencerlg...
|56
|13227
|313
RFID and Mobile Fusion for Authenticated ATM transactionlg...
|111
|27574
|62
Research Report on Safety Management Systemlg...
|70
|16034
|30
Low Emission Vehicle: Impact on Transport Industry in the UKlg...
|67
|16369
|134
Impact of Covid-19 on Italian Tourism: A Dissertation Studylg...
|46
|10542
|358
A STUDY INTO THE EFFECTS OF ORGANISATIONAL CULTURE ON EMPLOYEE MOTIVATIONlg...
|89
|19255
|82