| Abstract [eng] |
The master's thesis analyses the institute of transfer of tax losses when calculating corporate income tax, which is established in the Law of the Republic of Lithuania on Corporate Income Tax. In the first part, the corporate tax and the peculiarities of its calculation are analyzed. Also, the concept and development of the benefit of the transfer of tax losses in the calculation of corporate income tax in the calculation of corporate income tax is reviewed in the tax system of the Republic of Lithuania. In the second, the types of tax losses are systematically disclosed and detailed: losses of ordinary activities, losses due to the transfer and loss of securities and derivatives, due to the use, transfer or other transfer into ownership of assets. The third part of the work focuses on the restrictions of this institute – in the case of restructuring, reorganisation and liquidation of the unit. The fourth part assesses the implementation of the Institute in practice: it reviews the application of this institute in the face of COVID-19 and other crises, as well as the regulation of this institute established in the Federal Republic of Germany. At the end of the work, based on the research carried out by the author, conclusions are presented related to the institute of transfer of tax losses in the calculation of corporate income tax and its regulation in Lithuania. |
