The beliefs that Government interferes with individual freedom and that private and public goods are competitive appear to be the two major reasons for man′s aversion to paying taxes. In reality, however, especially from a socio‐economic viewpoint, government also increases individual...

Argues that direct tax reform in India should include elimination of income tax and capital gains taxes. Presents an analysis of how the unbelievably high direct tax rates over several years, coupled with several types of controls, drastically distorted the price and incentive system. Shows...

This paper attempts to analyze the mechanism of land rent distribution under the Soviet and post‐Soviet conditions. The subject is examined from a purely theoretical point of view. The procedure is as follows: first, the socioeconomic meaning of the word “Soviet” is defined. Second, the...

New Zealand’s 1993 Companies Act defines reckless trading as when a director/manager induces a “substantial risk of serious loss to the company’s creditors”. The definition contrasts with international common and statutory law that holds managers personally liable only under...

The paper considers the development of the unique fiscal relationship that exists between the government of Fiji and Emperor gold mines. Over a period of 40 years Emperor has not only paid negligible amounts of taxes and royalties it has frequently been directly subsidised by the state. In 1983...

Previous studies conducted for developed countries like the United States, Canada, and the United Kingdom have often found charitable giving by individuals to depend on income, the tax price of giving, and other variables. This article makes use of confidential tax file data to conduct a similar...

Purpose – The purpose of this paper is to summarize the main conditions that a UK investment manager has to meet in order to benefit from a UK tax exemption known as the Investment Manager Exemption (IME) and comment on the key developments introduced in the revised Statement of Practice....

Intro -- Contents -- Preface -- 1 Introduction -- 2 Conceptual Foundations of the MCF -- 3 The MCF for Commodity Taxes -- 4 The MCFs for Excise Taxes in Thailand and the United Kingdom -- 5 The MCF from Taxing Labor Income -- 6 Applications of the MCF from Taxing Labor Income -- 7 The MCF from...