عنوان

The Role and Design of Net Wealth Taxes in the OECD.

شابک

9264290303

شابک

9789264290303

عنوان اصلي

The Role and Design of Net Wealth Taxes in the OECD.

نام عام مواد

[Book]

محل نشرو پخش و غیره

Paris :

نام ناشر، پخش کننده و غيره

Organization for Economic Cooperation and Development,

تاریخ نشرو بخش و غیره

2018.

نام خاص و کميت اثر

1 online resource (114 pages)

عنوان فروست

OECD Tax Policy Studies

متن يادداشت

Intro; Foreword; Acknowledgments; Executive summary; Chapter 1. Overview of individual net wealth taxes in OECD countries; Very few OECD countries still have net wealth taxes; Revenues from wealth taxes have typically been very low; Over time, wealth tax revenues have generally not increased despite significant wealth growth; Other taxes on property play a bigger role than wealth taxes in OECD tax systems but overall property tax revenues remain limited; References; Chapter 2. Trends in the distribution of income and wealth; Income inequality has increased in the last 30 years.

متن يادداشت

Hiding assets abroadPolitical economy considerations; Notes; References; Chapter 5. Conclusions and policy implications; Annex A. OECD questionnaire on current and historical net wealth taxes.

متن يادداشت

Horizontal inequity over the lifecycleCapital flight and fiscal expatriation; Tax avoidance and evasion; Valuation and other administrative issues; Summary and policy implications; Notes; References; Chapter 4. Net wealth tax design issues; Government level; Tax unit; Tax exemption thresholds; Taxed assets, exemptions and reliefs; Debt deductibility; Valuation rules; Tax rates; Caps on total tax liability; Tax filing and payment procedures; Anti-avoidance/evasion rules; Avoidance/evasion through trusts; Avoidance through the exemption for business assets; Avoidance through tax caps.

متن يادداشت

Wealth is more concentrated than incomeThe composition of wealth varies with taxpayers' levels of wealth; Wealth holdings generally follow a lifecycle pattern; Notes; References; Chapter 3. The case for and against individual net wealth taxes; Characteristics of net wealth taxes; Comparing net wealth tax with personal capital income taxes; Interaction between capital income tax rates and the net wealth tax base; Comparing net wealth taxes with other taxes on personal property; The case for net wealth taxes; Reducing wealth inequality and promoting equality of opportunity.

متن يادداشت

Wealth provides benefits above and beyond incomeNet wealth taxes could be an efficient substitute for capital income taxes by encouraging a more productive use of assets; Net wealth taxes could be a substitute for taxes on capital gains; Net wealth taxes could be used as a substitute for inheritance taxes; Promoting human capital investment; The case against net wealth taxes; Double taxation; Distortions to savings and investment; Negative effects on entrepreneurship and risk-taking; Liquidity concerns; Penalisation of low-return and less diversified assets.

بدون عنوان

0

بدون عنوان

8

بدون عنوان

8

بدون عنوان

8

بدون عنوان

8

متن يادداشت

This report examines and assesses the current and historical use of net wealth taxes, defined as recurrent taxes on individual net assets, in OECD countries. It provides background on the use of wealth taxes over time in OECD countries as well as on trends in income and wealth inequality. It then assesses the case for and against the use of a net wealth tax to raise revenues and reduce inequality, based on efficiency, equity and tax administration considerations. The effects of personal capital income taxes and taxes on wealth transfers are also discussed to understand how these taxes interact with net wealth taxes. Finally, the report looks at practical tax design issues and shows that the way a net wealth tax is designed can have a significant impact on the effectiveness and fairness of the tax. The report concludes with a number of practical tax policy recommendations regarding net wealth taxes.

عنوان

Role and Design of Net Wealth Taxes in the OECD -

شماره استاندارد بين المللي کتاب و موسيقي

9789264290297

موضوع مستند نشده

Income tax.

موضوع مستند نشده

Income tax.

شماره

شماره رده

نشانه اثر

مستند نام اشخاص تاييد نشده

Publishing, OECD.

تاريخ عمليات

20200823214558.0

قواعد فهرست نويسي ( بخش توصيفي )

pn

نام الکترونيکي

نوع ماده

[Book]

تكميل شده

Y