TOWARDS A SIMPLIFIED TAX SYSTEM FOR SMALL BUSINESSES

Authors

  • Maria do Céu Gaspar Alves Universidade da Beira Interior
  • Rui Vieira Portela Universidade da Beira Interior
  • Paulo Seguro Sanches Universidade da Beira Interior

Keywords:

Tax Policy, Income Tax, Simplified taxation system, Small Businesses, Portugal

Abstract

This study summarizes the results of a research project that seeks to ascertain the reasons for which small firms have not adopted the Portuguese simplified income tax system for micro businesses.

Data were collected through a survey questionnaire, along with 242 small firms who met the conditions to be framed under the simplified tax (RST).

Results indicate that i) the choice of the income tax system was made based on the criterion of tax saving, ii) the main factor in the rejection of the simplified system was the existence of unadjusted national technical coefficients iii) most micro-enterprises are open to the option for a simplified system with features of tax / minimum collection, and iv) accountant played a key role in the choice of tax system v) accounting in many companies is perceived as an instrument for compliance with tax and legal obligations

Published

22.08.2012

Issue

Vol. 8 (2012)

Section

Business/Management: Research Papers

License

The journal retains published articles’ copyrights, but they are simultaneously licensed under the Creative Commons Attribution License (CC BY-NC-ND), which allows individuals’ to share the relevant papers as long as authorship and publication in this journal are duly acknowledged.

How to Cite

Alves, M. do C. G., Portela, R. V., & Sanches, P. S. (2012). TOWARDS A SIMPLIFIED TAX SYSTEM FOR SMALL BUSINESSES. Tourism & Management Studies, 8, 151-168. https://tmstudies.net/index.php/ectms/article/view/372