IMPLICIT CORPORATE TAXATION

The significance of taxes, being income of public budgets, is indisputable in different concepts of the tax system. It is important for the state to pursue favourable tax policy, by which it would ensure support of all taxpayers, by which it would ensure competitiveness of the state and development of the society. For companies investing their capital, quality and the specific form of tax environment is one of the most important criteria, which have substantial effects on selection of the right place of their business. A question is what comparison variable to use when taking a decision concerning a location of the investment.