Studying the Impact of the Value Added Tax on Profitability and Survival of the Companies in Tourism Industry (Case study: Hotels in Tehran)
الموضوعات :Mohammad Hosein Fatheh 1 , Ahmad Hasanpor 2
1 - Assistant Professor, Department of Accounting, Payame Noor University,Tehran, Iran.
2 - MSc. Department of Accounting, Payame Noor University,Tehran, Iran.
الکلمات المفتاحية: Value Added Tax, Profitability and Survival of the Company, Tourism Industry,
ملخص المقالة :
Objective: The present study aimed to trace Studying the Impact of the Value Added Tax on Profitability and Survival of the Companies in Tourism Industry (Case study: Hotels in Tehran) Methodology: According to the value added tax law and activities of tourism industry that are subject to value added tax exemptions, this study examines the impact of value added tax on the profitability and survival of the companies in the tourism industry in Tehran hotels. The research method is quasi-experimental and retrospective conducted by using retrospective data in the accounting research scope based on real data. The analysis of the data was done in two sections; before and after the valued added tax increase: descriptive statistics included 30 sample hotels during a period of 12 years (2007 to 2019) and the number of year- hotel (360). Results: The results showed that increase of value added tax has a significant inverse effect on the profitability of the hotels in the country implementing this law. Innovation: Considering the importance of the tourism sector in promoting the economic growth of developing and developed countries, several empirical studies have been conducted on factors affecting tourism demand in recent years. In this regard, the relationship between the tax rates as one of the government's financial instruments and the profitability of the tourism industry has been less considered in tourism studies.
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