ZAKAT AND TAX - Journal IAIN Sultan Amai Gorontalo
... Could be a good Muslim as well as a good citizen? The question is often heard formally considering Indonesia is not a state based on Islam. The relationship between Islam and the state in the context of Indonesia have ups and downs throughout its history. At one point, the Muslims and the country in ...
... Could be a good Muslim as well as a good citizen? The question is often heard formally considering Indonesia is not a state based on Islam. The relationship between Islam and the state in the context of Indonesia have ups and downs throughout its history. At one point, the Muslims and the country in ...
Strengthening Malta`s Fiscal Framework
... they are actually targeting this imputed cyclically adjusted balance and not the actual budget balance. This ensures that in ‘good times’ surpluses are required whilst in ‘bad times’ deficits are sanctioned thus allowing counter cyclical fiscal policy to take place in accordance with sound economic ...
... they are actually targeting this imputed cyclically adjusted balance and not the actual budget balance. This ensures that in ‘good times’ surpluses are required whilst in ‘bad times’ deficits are sanctioned thus allowing counter cyclical fiscal policy to take place in accordance with sound economic ...
Rents to Riches? The Political Economy of Natural Resource-Led Development
... must pay attention to the linkages across the value chain in understanding natural resource–led development as a dynamic process. These messages will resonate with developing-country policy makers seeking to craft their own path from “rents to riches.” Successful natural resource–led development inc ...
... must pay attention to the linkages across the value chain in understanding natural resource–led development as a dynamic process. These messages will resonate with developing-country policy makers seeking to craft their own path from “rents to riches.” Successful natural resource–led development inc ...
Rents to riches - Open Knowledge Repository
... must pay attention to the linkages across the value chain in understanding natural resource–led development as a dynamic process. These messages will resonate with developing-country policy makers seeking to craft their own path from “rents to riches.” Successful natural resource–led development inc ...
... must pay attention to the linkages across the value chain in understanding natural resource–led development as a dynamic process. These messages will resonate with developing-country policy makers seeking to craft their own path from “rents to riches.” Successful natural resource–led development inc ...
Part IV: Fiscal decentralisation in the EU – main characteristics and
... the criteria used to determine their amounts and the fiscal rules and budgetary procedures applying to subnational governments (including the monitoring, enforcement and possibilities of bailouts of subnational entities in fiscal distress). The Chapter highlights that EU Member States have generally ...
... the criteria used to determine their amounts and the fiscal rules and budgetary procedures applying to subnational governments (including the monitoring, enforcement and possibilities of bailouts of subnational entities in fiscal distress). The Chapter highlights that EU Member States have generally ...
55838_Ch 07_Executive Board Summary.indd
... continued accommodative monetary policy, and slower fiscal adjustment. However, high public and private debt levels continue to pose headwinds to growth and debt sustainability in some advanced economies. In addition, inflation is below target by a large margin in many countries, making the task of ...
... continued accommodative monetary policy, and slower fiscal adjustment. However, high public and private debt levels continue to pose headwinds to growth and debt sustainability in some advanced economies. In addition, inflation is below target by a large margin in many countries, making the task of ...
mmi14-Fidrmuc Jan 19104740 en
... debt stabilization programme as something distant from their perspective. On the other hand, at high levels of debt, as a major fiscal consolidation is imminent, people react to government ...
... debt stabilization programme as something distant from their perspective. On the other hand, at high levels of debt, as a major fiscal consolidation is imminent, people react to government ...
Briefing paper No. 6 Policy costings and our forecast
... proposed measure requires, based for example on its complexity and similarity to previously considered measures. The responsible department will then send us a ‘costing note’ setting out the details of the policy and estimating the amount it is expected to raise or cost in each year of the forecast. ...
... proposed measure requires, based for example on its complexity and similarity to previously considered measures. The responsible department will then send us a ‘costing note’ setting out the details of the policy and estimating the amount it is expected to raise or cost in each year of the forecast. ...
2004:1 The general government structural budget balance by
... of (actual) net lending to allow for periodisation effects; the balance adjusted in this way is called net lending with accrual taxes.9 The calculations indicate that the structural balance was markedly above the target the year the target was introduced (2000) and the following year. In 2002, howev ...
... of (actual) net lending to allow for periodisation effects; the balance adjusted in this way is called net lending with accrual taxes.9 The calculations indicate that the structural balance was markedly above the target the year the target was introduced (2000) and the following year. In 2002, howev ...
Vertex® Indirect Tax for Retail
... Ordinarily, staying current with the constant changes in each jurisdiction’s tax legislation would be an overwhelming and expensive task for any tax department. But, as described above, the comprehensive set of tax data included with the system unburdens your tax professionals from laborious, time ...
... Ordinarily, staying current with the constant changes in each jurisdiction’s tax legislation would be an overwhelming and expensive task for any tax department. But, as described above, the comprehensive set of tax data included with the system unburdens your tax professionals from laborious, time ...
Full Text - Digital Access to Scholarship at Harvard
... This paper is organized as follows. In Section II, we summarize the 1986 tax reform in terms of changes in tax rates, the treatment of deductions from income for tax purposes, the availability of tax credits, and provisions for indexing taxable income for inflation. We also summarize proposals for t ...
... This paper is organized as follows. In Section II, we summarize the 1986 tax reform in terms of changes in tax rates, the treatment of deductions from income for tax purposes, the availability of tax credits, and provisions for indexing taxable income for inflation. We also summarize proposals for t ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Canada-U.S. Tax Comparisons
... i. Production eficiency. Reductions in the differential tax treatment of different factors of production will reduce production inefficiency in the allocation of resources across countries. Differential effective tax rates across countries, ceteris paribus, may provide an incentive for factors to mo ...
... i. Production eficiency. Reductions in the differential tax treatment of different factors of production will reduce production inefficiency in the allocation of resources across countries. Differential effective tax rates across countries, ceteris paribus, may provide an incentive for factors to mo ...
Cyclicality of Fiscal Policy over the Business Cycle: An Empirical
... procyclical fiscal pattern. How ever, his results verify that developing economies show far more procyclical fiscal stance. Parallel to that work is the one of Fatas and Mihov (2003), where the primary deficits over real GDP and the growth rate of government expenditures and revenues are set as depe ...
... procyclical fiscal pattern. How ever, his results verify that developing economies show far more procyclical fiscal stance. Parallel to that work is the one of Fatas and Mihov (2003), where the primary deficits over real GDP and the growth rate of government expenditures and revenues are set as depe ...
Riding the Roller Coaster: Fiscal Policies of Nonrenewable
... have put in place numerical fiscal rules and/or resource funds to help address the significant challenges that volatile, uncertain, and exhaustible resource revenues pose to fiscal management. In many cases, rules and funds have also been motivated by political economy considerations: they have been ...
... have put in place numerical fiscal rules and/or resource funds to help address the significant challenges that volatile, uncertain, and exhaustible resource revenues pose to fiscal management. In many cases, rules and funds have also been motivated by political economy considerations: they have been ...
Ownership Efficiency and Tax Advantages: The Case of Private
... of assets, they are not able to acquire them in equilibrium as more efficient incumbents can outbid them. This occurs despite tax advantages for private equity firms, since under full deductibility of acquisition costs, incumbents and private equity firms have a maximum willingness to pay for the ta ...
... of assets, they are not able to acquire them in equilibrium as more efficient incumbents can outbid them. This occurs despite tax advantages for private equity firms, since under full deductibility of acquisition costs, incumbents and private equity firms have a maximum willingness to pay for the ta ...
The Structural Balance Rule in Chile: Ten Years, Ten Lessons
... the European Monetary Union to fiscal convergence norms, in the notoriety of the so-called “golden rule” of the United Kingdom, and in the inclusion of policy rules into fiscal responsibility laws that Latin American countries enacted toward the end of the 1990s. The search for greater predictabili ...
... the European Monetary Union to fiscal convergence norms, in the notoriety of the so-called “golden rule” of the United Kingdom, and in the inclusion of policy rules into fiscal responsibility laws that Latin American countries enacted toward the end of the 1990s. The search for greater predictabili ...
Indicators of Fiscal Impulse for New Zealand
... of fiscal policy effects. First, both changes in private-sector demand and fiscal instruments (tax rates and spending plans) can influence changes in the actual fiscal balance. The most common approach to this drawback is to estimate a cyclically adjusted or structural fiscal balance. The structural ...
... of fiscal policy effects. First, both changes in private-sector demand and fiscal instruments (tax rates and spending plans) can influence changes in the actual fiscal balance. The most common approach to this drawback is to estimate a cyclically adjusted or structural fiscal balance. The structural ...
FISCAL RULES 2014-03
... And what about the effects of fiscal rules on the stabilisation function of fiscal policy? The literature has hardly investigated this research question, but it offers a number of theoretical and empirical contributions on the effects of fiscal policy on macroeconomic volatility. For example, Gali ( ...
... And what about the effects of fiscal rules on the stabilisation function of fiscal policy? The literature has hardly investigated this research question, but it offers a number of theoretical and empirical contributions on the effects of fiscal policy on macroeconomic volatility. For example, Gali ( ...
Chapter 2. Can Fiscal Policy Stabilize Output?
... bad times (when they are most needed) as in good times (when rebuilding fiscal buffers is essential). In many countries, this could substantially increase fiscal stabilization without affecting the size and design of existing government programs. It could also help ensure that public debt remains at ...
... bad times (when they are most needed) as in good times (when rebuilding fiscal buffers is essential). In many countries, this could substantially increase fiscal stabilization without affecting the size and design of existing government programs. It could also help ensure that public debt remains at ...
Greek fiscal multipliers revisited Government spending
... Prior theoretical and empirical work on the response of main macroeconomic aggregates to exogenous fiscal shocks has shown that the size and, in certain instances, the sign of the fiscal multiplier can be country-, estimation method-, and economic conditions-specific. In general, it appears that qui ...
... Prior theoretical and empirical work on the response of main macroeconomic aggregates to exogenous fiscal shocks has shown that the size and, in certain instances, the sign of the fiscal multiplier can be country-, estimation method-, and economic conditions-specific. In general, it appears that qui ...
Size, Determinants, and Use in Macroeconomic Projections
... model-based methods are demanding in terms of data requirements. For instance, the estimation of structural vector autoregressive models (SVAR) necessitates high-frequency data and sufficiently long time series. Long quarterly series do not exist in many advanced economies (AEs), as well as in most ...
... model-based methods are demanding in terms of data requirements. For instance, the estimation of structural vector autoregressive models (SVAR) necessitates high-frequency data and sufficiently long time series. Long quarterly series do not exist in many advanced economies (AEs), as well as in most ...
full text
... apparent from the results of empirical studies. Several economists have made the case for fiscal decentralisation as means of promoting long-run economic growth based on the view that leads to better resource allocation and more productive, and possibly smaller, public sector. This might be because ...
... apparent from the results of empirical studies. Several economists have made the case for fiscal decentralisation as means of promoting long-run economic growth based on the view that leads to better resource allocation and more productive, and possibly smaller, public sector. This might be because ...
... Fiscal Imbalance and Fiscal Stimulus Fiscal imbalance also addresses a different question than whether increased expenditure during recessions—fiscal stimulus—is a desirable or effective way to moderate the business cycle fluctuations of the aggregate economy.5 The standard Keynesian argument for su ...
Fiscal Stimulus and Distortionary Taxation Harald Uhlig Thorsten Drautzburg January 8, 2010
... Continuum of intermediate good firms. They supply intermediate goods in monopolistic competition. They set prices. Prices are Calvo-sticky. Final goods use intermediate goods. Perfect competition. Habit formation, adjustment costs to investment, variable capital utilization. Monetary authority: Tayl ...
... Continuum of intermediate good firms. They supply intermediate goods in monopolistic competition. They set prices. Prices are Calvo-sticky. Final goods use intermediate goods. Perfect competition. Habit formation, adjustment costs to investment, variable capital utilization. Monetary authority: Tayl ...
Non-Keynesian Effects of Fiscal Policy in the EU
... lower. If however, public expenses keep rising, beyond a certain limit there will be also an increased probability that a fiscal consolidation might happen (in Bertola and Drazen (1993) words, public expenditures reach a "trigger point" after which an fiscal adjustment is very probable). When the fi ...
... lower. If however, public expenses keep rising, beyond a certain limit there will be also an increased probability that a fiscal consolidation might happen (in Bertola and Drazen (1993) words, public expenditures reach a "trigger point" after which an fiscal adjustment is very probable). When the fi ...