A Simulation Study of the Impact of Alternative Minimum Tax on Business Income Tax—Using Cases under the National Tax Administration of Northern Taiwan Province

• Main Authors: Met-Hua TSAO, 曹美華
• Other Authors: Li-Hua KAO
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/35746656352175868992

碩士 === 中原大學 === 會計研究所 === 94 === Abstract As the business corporations in science parks are mostly located in Hsinchu County (City) and the industrial zones are widely distributed in the northern area of Taiwan, this study used the business entities under the administration of National Tax Administration of Northern Taiwan Province during 2001-2004 as the research subjects, and the business income statement application was the basis of the simulation study of implementing alternative minimum tax system (AMT). And the purpose of this study was to investigate whether the implementation of AMT has any effect on the financial revenue of the government. It was discovered that had AMT been imposed from 2001 to 2004, the annual gains of the tax revenue would be 7.667, 10.764, 18.69 and 30.323 billion dollars, respectively. In terms of business types, electronics / IT and photonics industries would have the highest proportion in the total amount of tax repayment, followed by general manufacturing industry, financial and insurance industries. Under the AMT system, the financial and insurance industries would be required to repay tax, not due to taxation preference but the addition of profits from stocks and fortunes. In terms of statement application types, applications filed by certified public accountants would take up more than 90% in the total amount of tax repayment. In terms of organization types, share companies would account for 98%.