Tax System
Tax System
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Summary of Forced Tax System
A practice applied in some countries (most notably in Europe) in which corporate income taxes are computed by a governmental agency. Unlike the American system, under which the firm prepares its own return and computes its tax liability (subject to subsequent review by the government), the forced tax system involves the government in the actual preparation of the return. (Main Author: William J. Miller)
Comparative Tax Systems
This section offers a comparative overview of the tax systems of various countries, with a view to developing a conceptual and practical understanding of the reasons why tax systems differ (and why they are sometimes so similar). The section examines the characteristics that tax systems have in common, the areas in which tax systems differ, and the factors (legal, institutional, political, economic, social and cultural) that cause the similarities and differences. The section covers areas such as:
Tax structures
Tax at different government levels
Different types of tax (including income taxes, consumption taxes, capital and wealth taxes, environmental taxes)
Tax operating costs
Tax administration
Tax policy making and reform.
The section seeks to answer a series of key questions such as: why is income tax the dominant tax in so many developed countries whereas developing countries rely so heavily on indirect taxes; why do some countries have more tax expenditures than others; why have value added taxes, or derivatives of such taxes, become the dominant consumption taxes worldwide; why are there so many differences in the way countries tax corporate income and capital gains tax; why do so few countries have wealth taxes; what are the best types of tax for different levels of government; how do tax systems and revenue authorities best manage issues of complexity; what is the role of environmental taxes in modern tax systems; how are tax systems likely to develop in the future; and what are the keys to success in tax reform?
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
Including similar content viewed by others, in case you missed it:
Taxation
Public Finance
Public Policy
Tax Law
Financial Regulation
Hierarchical Display of Tax system
Finance > Taxation
Finance > Public finance and budget policy > Public finance
Finance > Budget > Budget financing > Budgetary resources
Law > Criminal law > Offence > Economic offence > Tax offence > Tax evasion
Economics > National accounts > Income > Redistribution of income
Tax system
Concept of Tax system
See the dictionary definition of Tax system.
Characteristics of Tax system
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
Translation of Tax system
Spanish: Fiscalidad
French: Fiscalité
German: Steuerwesen
Italian: Fiscalità
Portuguese: Fiscalidade
Polish: System podatkowy
Thesaurus of Tax system
Finance > Taxation > Tax system
Finance > Public finance and budget policy > Public finance > Tax system
Finance > Budget > Budget financing > Budgetary resources > Tax system
Law > Criminal law > Offence > Economic offence > Tax offence > Tax evasion > Tax system
Economics > National accounts > Income > Redistribution of income > Tax system
See Also
Including similar content viewed by others, in case you missed it:
Taxation