Taxation trends in the European Union
... Taxation is at the heart of citizens’ relationship with the State. It is not only government experts and academics, but also many citizens that ask the European Commission questions about tax levels in the EU and on how Member States compare with each other; this report, published annually, is one w ...
... Taxation is at the heart of citizens’ relationship with the State. It is not only government experts and academics, but also many citizens that ask the European Commission questions about tax levels in the EU and on how Member States compare with each other; this report, published annually, is one w ...
INTUITIVE SURGICAL INC
... These financial statements should be read in conjunction with the audited Consolidated Financial Statements and Notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014 , which was filed with the SEC on February 5, 2015. The results of operations ...
... These financial statements should be read in conjunction with the audited Consolidated Financial Statements and Notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014 , which was filed with the SEC on February 5, 2015. The results of operations ...
Adjusting the budget balance for the business cycle: the
... The importance of the cyclically-adjusted budget balance (CAB) and of the structural balance (CAB minus one-offs and temporary measures) was restated forcefully with the reform of the European economic governance since 2011. This reform alongside the dramatic changes in economic data brought about b ...
... The importance of the cyclically-adjusted budget balance (CAB) and of the structural balance (CAB minus one-offs and temporary measures) was restated forcefully with the reform of the European economic governance since 2011. This reform alongside the dramatic changes in economic data brought about b ...
ICTD Government Revenue Dataset ICTD working - unu
... between resource and non-resource revenue is critical. With this in mind, the ICTD GRD systematically distinguishes between resource and non-resource tax revenue, thus providing a clear and consistent picture of non-resource tax collection across countries – while providing detailed data on resource ...
... between resource and non-resource revenue is critical. With this in mind, the ICTD GRD systematically distinguishes between resource and non-resource tax revenue, thus providing a clear and consistent picture of non-resource tax collection across countries – while providing detailed data on resource ...
Briefing paper No. 6 Policy costings and our forecast
... with the OBR and the department responsible for implementing the policy (e.g. HM Revenue and Customs for tax changes). ...
... with the OBR and the department responsible for implementing the policy (e.g. HM Revenue and Customs for tax changes). ...
Fiscal forecasting: lessons from the literature and - ECB
... play a crucial role in the implementation of the European fiscal framework, with European Commission’s forecasts pointing to risks to a government’s fiscal target potentially triggering procedural steps in the Excessive Deficit Procedure (EDP). In view of the increased prominence and sensitivity of ...
... play a crucial role in the implementation of the European fiscal framework, with European Commission’s forecasts pointing to risks to a government’s fiscal target potentially triggering procedural steps in the Excessive Deficit Procedure (EDP). In view of the increased prominence and sensitivity of ...
INTRODUCTION
... This difference in the characteristics of the industries results from the centralization of revenue that exists in Manufacturing, as opposed to the spread of dealers that exists in the Services industries. The centralization of revenue is expressed by the fact that a small number of dealers have a ...
... This difference in the characteristics of the industries results from the centralization of revenue that exists in Manufacturing, as opposed to the spread of dealers that exists in the Services industries. The centralization of revenue is expressed by the fact that a small number of dealers have a ...
Volume 2 - Policy Advice Division
... The primary objective of the working papers commissioned by Inland Revenue was to assist us with the preparation of our “Health Report”. In accordance with the recommendations of the Review Committee chaired by the Rt Hon Sir Ivor Richardson, Inland Revenue has been preparing a regular “Health Repor ...
... The primary objective of the working papers commissioned by Inland Revenue was to assist us with the preparation of our “Health Report”. In accordance with the recommendations of the Review Committee chaired by the Rt Hon Sir Ivor Richardson, Inland Revenue has been preparing a regular “Health Repor ...
RTF - Review of Business Taxation
... industries will increase or reduce overall economic growth, employment and welfare. The resolution of this question can only be taken so far through objective study and economic modelling. At the end of the day, it will remain a matter for judgment by government. However, some of the possible ration ...
... industries will increase or reduce overall economic growth, employment and welfare. The resolution of this question can only be taken so far through objective study and economic modelling. At the end of the day, it will remain a matter for judgment by government. However, some of the possible ration ...
PDF
... taxes policies7. In these papers, alternative policies are typically an emissions tax, a set of emissions permits, a tax on production of fuels, and the command and control policies. These papers show that the emissions tax can be more efficient than other policies in the second best setting if env ...
... taxes policies7. In these papers, alternative policies are typically an emissions tax, a set of emissions permits, a tax on production of fuels, and the command and control policies. These papers show that the emissions tax can be more efficient than other policies in the second best setting if env ...
PREFACE
... Powers and Conditions of Service) Act, 1971. The accounts of Government are kept in the following three parts: PartI Consolidated Fund PartII Contingency Fund PartIII Public Account There are two main divisions under the Consolidated Fund: The Revenue division (Revenue Account) deals wit ...
... Powers and Conditions of Service) Act, 1971. The accounts of Government are kept in the following three parts: PartI Consolidated Fund PartII Contingency Fund PartIII Public Account There are two main divisions under the Consolidated Fund: The Revenue division (Revenue Account) deals wit ...
Fiscal Developments and Public Finance
... $ 110.1/bbl in the first nine months, which was much higher than what was assumed at the time of budget formulation. Together with the fact that headline inflation has been high even with limited pass through of fuel prices, these have implications for higher levels of subsidies. While efforts are a ...
... $ 110.1/bbl in the first nine months, which was much higher than what was assumed at the time of budget formulation. Together with the fact that headline inflation has been high even with limited pass through of fuel prices, these have implications for higher levels of subsidies. While efforts are a ...
Fiscal Capacity, Tax Composition and the (in)Stability of
... needs to be financed through taxation. Indeed, the historical record shows that warfare encouraged reforms, which had far reaching consequences for the fiscal development of countries. Natural disasters, instead, represent a counter-force to fiscal centralization and thus the concentration of fiscal ...
... needs to be financed through taxation. Indeed, the historical record shows that warfare encouraged reforms, which had far reaching consequences for the fiscal development of countries. Natural disasters, instead, represent a counter-force to fiscal centralization and thus the concentration of fiscal ...
Temptation and Taxation - Department of Economics
... to the extent that the consumer’s actual choice deviates from succumbing completely to the temptation. The consumer’s actual choice then represents a compromise between commitment utility and the cost of self-control. Using the Gul–Pesendorfer model, it is straightforward to ask normative questions. ...
... to the extent that the consumer’s actual choice deviates from succumbing completely to the temptation. The consumer’s actual choice then represents a compromise between commitment utility and the cost of self-control. Using the Gul–Pesendorfer model, it is straightforward to ask normative questions. ...
Trends in Australian Government receipts 1982-83 to 2012-13
... driver of receipts. Despite significant tax reform over the period, the net impact of policy decisions changing taxation rates and coverage had a much less significant impact on total receipts. The mix of direct and indirect taxes collected by the federal government has remained relatively unchanged ...
... driver of receipts. Despite significant tax reform over the period, the net impact of policy decisions changing taxation rates and coverage had a much less significant impact on total receipts. The mix of direct and indirect taxes collected by the federal government has remained relatively unchanged ...
Public Finance
... total expenditure of the Central government. The Budget for 2012-13 envisaged a growth of 22.7 per cent in non-debt receipts (revenue receipts plus nondebt capital receipts) and in total expenditure of 13.1 per cent over 2011-12 (revised estimates [RE]). Revenue receipts were estimated at ` 9,35,685 ...
... total expenditure of the Central government. The Budget for 2012-13 envisaged a growth of 22.7 per cent in non-debt receipts (revenue receipts plus nondebt capital receipts) and in total expenditure of 13.1 per cent over 2011-12 (revised estimates [RE]). Revenue receipts were estimated at ` 9,35,685 ...
Why Can Modern Governments Tax So Much? An Agency Model of
... and numerous seminar participants for helpful discussions and comments. Financial support from the International Growth Centre (IGC) and NSF Grant SES-0850631 is gratefully acknowledged. ...
... and numerous seminar participants for helpful discussions and comments. Financial support from the International Growth Centre (IGC) and NSF Grant SES-0850631 is gratefully acknowledged. ...
Annex 1: The partial equilibrium model employed by Keen
... equally unrealistic to assume that costs of tax administration are the same whatever the tax system. From the outset it was pointed out by Stiglitz and Dasgupta (1971) that when all market transaction cannot be taxed at their optimal level, the Diamond and Mirrlees (1971) Production Efficiency Theor ...
... equally unrealistic to assume that costs of tax administration are the same whatever the tax system. From the outset it was pointed out by Stiglitz and Dasgupta (1971) that when all market transaction cannot be taxed at their optimal level, the Diamond and Mirrlees (1971) Production Efficiency Theor ...
MAII Public Economics Title English.p65
... Historical evidence suggests that the scale of public finance has increased dramatically in advanced countries. World War II is mainly responsible for its increase. In past, it was realised that the growth of public revenue was keeping pace with that of Government spending, but in recent decades exp ...
... Historical evidence suggests that the scale of public finance has increased dramatically in advanced countries. World War II is mainly responsible for its increase. In past, it was realised that the growth of public revenue was keeping pace with that of Government spending, but in recent decades exp ...
The Relationship of Government Revenue and Government
... Another study by Aziz et al. (2001) reported bidirectional causality between federal government revenue and expenditure of Malaysia over a different period 1960-1996. Thus, the government may not strictly stick to one rule in implementing its fiscal policy, subject to the situation of the economy an ...
... Another study by Aziz et al. (2001) reported bidirectional causality between federal government revenue and expenditure of Malaysia over a different period 1960-1996. Thus, the government may not strictly stick to one rule in implementing its fiscal policy, subject to the situation of the economy an ...
Public Finance
... COLLECTION RATES 3.11 Collection rates are an indicator of overall incidence of customs tariffs including countervailing and special additional duties on imports. These are computed as the ratio of revenue collected from these duties to the aggregates value of imports in a year (or period) and thus ...
... COLLECTION RATES 3.11 Collection rates are an indicator of overall incidence of customs tariffs including countervailing and special additional duties on imports. These are computed as the ratio of revenue collected from these duties to the aggregates value of imports in a year (or period) and thus ...
Nivedita Mukherji and Fuad Hasanov
... interaction in the context of informality. The results related to net revenue demonstrate that public policies influence the two formal sectors in opposite directions in most cases. Hence even if a change in policy increases informality, it may decrease production and revenue of one formal industry ...
... interaction in the context of informality. The results related to net revenue demonstrate that public policies influence the two formal sectors in opposite directions in most cases. Hence even if a change in policy increases informality, it may decrease production and revenue of one formal industry ...
Fiscal Stimulus and Distortionary Taxation Harald Uhlig Thorsten Drautzburg January 8, 2010
... Remaining deficit, prior to new debt and labor taxes ... ft = gov.spend.+subs.+old debt repaym.−cons.tax rev.,cap.tax rev. ... needs to be financed: lab.tax rev. + new debt = ft Steady state debt level, steady state taxes: f̄ . Tax rule: lab.tax rev.t − lab.tax rev. = ψτ (ft − f̄ ) ...
... Remaining deficit, prior to new debt and labor taxes ... ft = gov.spend.+subs.+old debt repaym.−cons.tax rev.,cap.tax rev. ... needs to be financed: lab.tax rev. + new debt = ft Steady state debt level, steady state taxes: f̄ . Tax rule: lab.tax rev.t − lab.tax rev. = ψτ (ft − f̄ ) ...
PRINCIPLES of TAXATION
... decide who will pay tax and how much Tax design does not include “procedural rules” which decide the following: -how and when the tax will be paid -to whom -when -what if not paid -who will collect -who will decide if there is a dispute / mistake - what procedure needs to be followed, by whom & how ...
... decide who will pay tax and how much Tax design does not include “procedural rules” which decide the following: -how and when the tax will be paid -to whom -when -what if not paid -who will collect -who will decide if there is a dispute / mistake - what procedure needs to be followed, by whom & how ...
Why Can Modern Governments Tax So Much? An Agency Model of
... email: [email protected]. This paper is an output of the International Growth Centre (IGC). Additionally, financial support from NSF Grant SES-0850631 is gratefully acknowledged. ...
... email: [email protected]. This paper is an output of the International Growth Centre (IGC). Additionally, financial support from NSF Grant SES-0850631 is gratefully acknowledged. ...