THE IMPACT OF PERFORMANCE AND INVESTMENT ON CORPORATE TAX

ABSTRACT

The study was carried out to find out the impact of performance and investment on corporate tax a case study of Peterson (PZ) The study aimed at assessing the impact that corporate tax has on performance and investment of manufacturing companies in the Greater Accra region, finding out if tax has an effect on the performance and investment companies and the challenges they face as fulfilling their tax obligation. The study applied quantitative research designs where annual reports were used. Data was collected from secondary sources. Data was processed and analyzed using formal tables, narrative text, and correlation to find out the relationship between the impact of tax on performance and investment of companies. One company was selected out of the entire population in the region. The findings indicate that the impact of corporate tax on the performance and investment of the companies is quite significance. , there was positive relationship between investment and corporate tax. Which implies that the level at which companies pay tax is influenced by the investment made in the previous years.

Besides, it was discover that there was a negative relationship between performance which was measured by return on asset and tax.

There is also a clear indication that as companies makes more profit so it pays more tax to the government and other statutory obligations.