Corporate Effective Tax Rates in V4 Countries
Corporate Effective Tax Rates in V4 Countries

Summary/Abstract: Effective tax rates are indicators of the effective tax burden on companies, taking into account the impact of all the elements of the proposal mentioned in the legislation. This paper addresses the issue of effective taxation through average effective tax rates, focusing on V4 countries. The effectiveness of taxation is monitored for selected intangible and tangible assets for the year 2021. The analysis assessed the impact of the change in the statutory tax rate on the change in the average effective rate of capital. The results of the analysis show that, of the V4 countries, Hungary applies the most favorable conditions in terms of effective tax rate. On the other hand, according to the results, Slovakia achieved the highest tax savings of up to EUR 17 740. Countries with a higher tax burden are therefore attractive to the investor in terms of tax savings.

• Details
• Contents