Economia informal e exclusão social

Oscar Afonso, Nuno Gonçalves and Hélder Ferreira
Additional contact information
Hélder Ferreira: EAPN-Portugal

OBEGEF Working Papers from OBEGEF - Observatório de Economia e Gestão de Fraude, OBEGEF Working Papers on Fraud and Corruption

Abstract: The purpose of this paper is to analyse the accounting and legal basis that justify the application of presumptions in the taxation corporate income. The connection between errors on recording transactions by the financial accounting system and the use of presumptions by tax authorities will be highlighted. The paper contributes to the literature by offering a systematic analysis of the criteria used by Portuguese tax courts to decide when accounting data can be disregarded by tax authorities and presumptions can therefore be used as a tax computation tool. Given that the general rule is to base taxable income on accounting records (albeit with adjustments established in Corporate Income Tax Code) presumptions are a striking exception to this well established rule. As such, tax researchers, tax authorities and taxpayers have a significant interest in knowing how do courts validate or deny tax authorities’ approach when using presumptions.

Keywords: Accounting errors; taxation and presumptions; financial fraud (search for similar items in EconPapers)
Pages: 49 pages
Date: 2015-02
New Economics Papers: this item is included in nep-acc and nep-iue
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.fep.up.pt/repec/por/obegef/files/wp038.pdf
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.fep.up.pt/repec/por/obegef/files/wp038.pdf [302 Found]--> https://fep.up.pt/repec/por/obegef/files/wp038.pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:por:obegef:038

Access Statistics for this paper

More papers in OBEGEF Working Papers from OBEGEF - Observatório de Economia e Gestão de Fraude, OBEGEF Working Papers on Fraud and Corruption Contact information at EDIRC.
Bibliographic data for series maintained by Rui Henrique Alves (rhalves@fep.up.pt).