**Meet the editor**

Prof. Assoc. Jolanta Iwin-Garzyńska—is the head of the Department of Corporate Finance and Taxation at the Institute of Accounting at the Faculty of Economics and Management, University of Szczecin. She is the author of over 150 books in the field of corporate finance and taxation. Her research deals with the problem of the impact of taxes on the finances of enterprises (potential of

capital, capital structure, cost of capital, profitability of investment, value of assets, etc.). She is a tax adviser (No. entry 10261). She is a practitioner in the field of finance and taxation in commercial companies. In 2007–2010, she became the president of the National Examination Commission for Tax Consulting at the Ministry of Finance. In 2014, she became a member of the Commission.

Contents

**Preface VII**

Jolanta Iwin-Garzyńska

Katarina Teplicka

Ko Hyejin

Deniz Aytaç

**The Case of Nigeria 61**

Zara Ghodsi and Allan Webster

**Associated Distortions 23**

Chapter 1 **Base of Corporate Income Tax and the EU Concept 3**

Chapter 2 **International Aspects of Corporate Income Taxes and**

**Section 2 Taxation, Economic Growth and Welfare State 59**

Ojijo Odhiambo and Oluwatosin Olushola

**Study of the Impact of Tax Equity1 97**

Chapter 3 **Taxes and Their Impact on the Business Sector in Slovakia 41**

Chapter 4 **Taxation and Economic Growth in a Resource-Rich Country:**

Chapter 5 **UK Taxes and Tax Revenues: Composition and Trends 83**

Chapter 6 **How Does a Welfare State achieves Fiscal Sustainability? A**

Chapter 7 **Optimal Taxation of Consumption in the Scope of Changing Elasticities of Demand: Re-reading Ramsey 123**

Liucija Birskyte and Gintare Giriuniene

**Section 1 Corporate Tax 1**
