The relationship between taxes and incomes of petroleum companies:
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Date
2006-07
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The study was about the relationship between taxes and incomes of petroleum companies
and the case study was Caltex Oil (U) Ltd.
The purpose of the study was to establish whether there is a relationship between tax rates
and the incomes of petroleum companies.
The objectives of the study were; to identify the various taxes levied on petroleum
products in Uganda, to ascertain the extent to which an increase in tax rates affects the
incomes of petroleum companies, to identity the relationship between taxes and incomes
of petroleum companies.
The instruments used to collect data were questionnaires and interviews. Samples were
selected both randomly and systematically. The sources of data were both primary and
secondary sources. The data was typed using Microsoft word, analyzed using Microsoft
Excel and SPSS.
Tax rates greatly affect the incomes of Caltex Oil (U) Ltd
The various taxes charged on petroleum products are excise duty and largely import
duty.
The taxes have a great impact on the incomes of petroleum companies. The continuous
tax rates increase on petroleum products have affected the sales of Caltex Oil (U) ltd, this
has affected its income. The only way Caltex Oil is left with is to shift the whole tax
Description
A Research report submitted to Kampala International University in partial fulfillment for the Award of the Degree of Bachelor of Business Administration of Kampala International University
Keywords
Taxes and incomes, Petroleum companies