Fundamental Tax Reform in The Netherlands
The Dutch Parliament has passed legislation for a new income tax that abolishes the current tax on personal capital income and substitutes it by a presumptive capital income tax, which is in fact a net wealth tax. This paper contrasts this wealth tax with a conventional realization-based capital gains tax, a retrospective capital gains tax which attempts to charge interest on the deferred tax, and a capital accretion tax which taxes capital gains as they accrue. None of the approaches meets all criteria for a 'good' income tax, i.e., equity, efficiency, and administrative feasibility. We thus... Mehr ...
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Dokumenttyp: | doc-type:workingPaper |
Erscheinungsdatum: | 2000 |
Verlag/Hrsg.: |
Munich: Center for Economic Studies and ifo Institute (CESifo)
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Schlagwörter: | ddc:330 / Capital income taxation / capital gains taxation / tax reform / wealth tax |
Sprache: | Englisch |
Permalink: | https://search.fid-benelux.de/Record/base-26846929 |
Datenquelle: | BASE; Originalkatalog |
Powered By: | BASE |
Link(s) : | http://hdl.handle.net/10419/75628 |