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For many years Greece has not made a systematic effort to redesign the whole tax system. Changes to taxation have been …
Persistent link: https://www.econbiz.de/10005045580
priority to a lower frequency of tax changes; making the taxation of dependent workers more equitable and less onerous vis …
Persistent link: https://www.econbiz.de/10005045614
The tax-to-GDP ratio rose steadily in most EU countries up to the late 1990s, largely reflecting a sustained expansion of public sector commitments to welfare provision. Since the late 1990s, many EU countries have cut tax rates. However, the tax burden in the EU area remains much higher than in...
Persistent link: https://www.econbiz.de/10005045694
enterprises, an inappropriate taxation of property and a lack of strong and uniform tax enforcement. Main directions for reform … should include a significant broadening of the bases for personal and corporate taxation as well as in the VAT system …
Persistent link: https://www.econbiz.de/10005045759
/or reductions in benefit replacement rates. Further reductions in labourincome taxation targeted on low-income earners should be …
Persistent link: https://www.econbiz.de/10005045972
corporate income taxation was substantially and effectively reformed in the early 1990s, through significant rate cuts cum base …
Persistent link: https://www.econbiz.de/10005046047
This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital...
Persistent link: https://www.econbiz.de/10005046060
New Zealand’s tax system is one of the most neutral and efficient in the OECD. Bases are generally broad and rates are moderate. The full imputation system for dividend payments works to reduce tax distortions for corporate financing decisions, while efficiency in corporate investment...
Persistent link: https://www.econbiz.de/10005046235
of improvements that could help reduce the distortions that taxation creates in the economy and so boost long …-run economic performance. The most noticeable gains could come from reforming the taxation of the income from capital. Savings are … income depending on the sector in which it is invested and the financing instruments that are used. In addition, taxation of …
Persistent link: https://www.econbiz.de/10005046238
This paper reviews tax policy initiatives and the scope for further reform in Norway. Norway faces the challenge of containing expenditure to at least avoid future increases in the tax burden, which is already above the OECD average. The favourable tax regimes for some industries imply that the...
Persistent link: https://www.econbiz.de/10005045991