Impact of Economic Freedom Index and Corruption Perceptions Index on Corporate Income Tax Revenue in Vietnam

Abstract

Economic freedom and Corruption are always important issues that governments need to control, due to their impact on the development of each country is very large, especially in developing countries. The purpose in this article is to determine the impact of economic freedom index and corruption perceptions index on corporate income tax revenue. Empirical method was employed on secondary time series data set during the period 1999-2018. Econometric tools were employed to present and analyze the collected data from concerned bodies. The results show that economic freedom index and corruption perceptions index is significantly and positively correlated with corporate income tax revenue at 1% significance level. Besides, annual rate of inflation has a negative and significant impact on corporate income tax revenue at 10% significance level.