The Influence of the Corporate Income Tax Policy on GDP of Thailand

Abstract

In this paper, the researcher analyzes the influence of the corporate income tax policy reduction from 30% to 20% on GDP growth. In carrying out this investigation, the researcher used time series data by means of constructing and applying a Production model. If these tax reduction measures were adopted and applied to Thailand’s economy, the results would show economic growth of 285,483.18 million baht.