Personal Income Tax and the Risk of Revenue Fluctuations in the European Union

2016 ◽  
pp. 389-410
Author(s):  
Bogdan Mróz ◽  
Mariusz Sokołek
Keyword(s):  
European Union ◽  
Income Tax ◽  
Personal Income ◽  
The European Union ◽  
Personal Income Tax

Opodatkowanie podatkiem dochodowym wynagrodzenia i innych świadczeń otrzymywanych przez posłów wybranych w Polsce do Parlamentu Europejskiego oraz świadczeń otrzymywanych przez posłów i senatorów wybranych do parlamentu krajowego

2021 ◽  
Vol 3 (71) ◽  
pp. 170-176
Author(s):  
Jacek Kulicki
Keyword(s):  
European Union ◽  
Income Tax ◽  
European Parliament ◽  
Personal Income ◽  
The European Union ◽  
Personal Income Tax

The salary of a Member of European Parliament is taxed on the same terms as salaries of officials and other employees of the European Union. Benefits related to exercising of a MEP mandate are tax free (exempt from EU tax). MEPs’ salaries, parliamentary allowances and other incomes are exempt from Polish income tax. The Polish domestic MPs’ salaries are taxed with a personal income tax as an income from employment. The parliamentary allowance and certain other benefits are exempt from the income tax.

scholarly journals Contradiction in the agrofinancial regulation of agricultural producers

2009 ◽  
pp. 97-107
Author(s):  
Bernadett Szilágyi
Keyword(s):  
European Union ◽  
Economic Policy ◽  
Income Tax ◽  
Value Added ◽  
The European Union ◽  
Personal Income Tax ◽  
Agricultural Producers ◽  
Tax Allowance ◽  
The Social ◽  
Legal Position

Hungary is a country of favourable conditions with agropotential, for this reason the regulations regarding agriculture is constantly the bone of legislative contention. Thepurpose of this study is to present the actual agropotential contradictions concerning the agricultural producers, specifically focusing on certain problems without any detailed representation of the valid rules of law. The agrofinancial anomalies referring to agricultural producers can be found mostly in the system of the personal income tax (allowance, tax immunity), the value added tax (special agricultural legal position) as well as the social insurance.The severity of the problem is supported by the agricultural producers’ behavioral types of paying taxes, globalisation process of these days and our place in the European Union. The resolution of the contradictions in agriculture does not lie by any means in the proper way of making the rules of the law of taxation, but in a comprehensive economic policy, which is to be waited for.

scholarly journals EUROPEAN PRIORITIES FOR PERSONAL INCOME TAXATION

2020 ◽  
pp. 77-87
Author(s):  
Fedir TKACHYK ◽  
Victoriia OSTAPCHUK
Keyword(s):  
Income Tax ◽  
Personal Income ◽  
European Countries ◽  
Income Taxation ◽  
Social Aspects ◽  
Tax Rates ◽  
The European Union ◽  
Personal Income Tax ◽  
Important Place ◽  
Personal Income Taxation

Introduction. In the current conditions of globalization of socio-economic development and formation of a new financial civilization, social aspects of tax policy take a important place. The system of taxation of income of citizens in Ukraine today is not fully coping with the performance of their functions. The experience of developed European countries on the formation of an effective mechanism of taxation of personal income will contribute to the establishment of the newest social and fiscal-oriented paradigm of taxation of citizens in Ukraine. The increased interest in the procedures for administering the personal income tax is also explained by the fact that this tax is one of the main sources of income to the budget of Ukraine. The purpose is to determine the peculiarities of taxation of personal income tax in Ukraine, to find out the common and different features tax system in Ukraine and European countries, to systematize recommendations on improving the mechanism of taxation of personal income. Results. The international typology of personal income tax systems is given. The general features of personal income taxation and mechanisms of application of personal income tax rates in some countries of the European Union are considered. It is argued that the implementation of the European tax experience will facilitate a faster transition to a new and effective system of personal income taxation in Ukraine. To improve personal income taxation in Ukraine, it is necessary to revise personal income tax rates, increase the amount of tax-free minimum incomes, ensure the full functioning of electronic declaration of personal incomes, optimize concessional policies, increase tax literacy and tax culture. Prospects. Further research will focus on the social aspects of taxing citizens' income in terms of differentiation of tax rates, the logic of using preferences in taxing personal income, the introduction of an effective threshold of the non-taxable minimum income, promoting the right to tax rebates, etc.

Economic Dimension Of Harmonizing Personal Income Taxation In The European Union Countries

2017 ◽  
Vol 6 (2) ◽  
pp. 9-27
Author(s):  
Tomasz Wołowiec ◽  
Daniel Szybowski
Keyword(s):  
Income Tax ◽  
18Th Century ◽  
Personal Income ◽  
The European Union ◽  
Personal Income Tax ◽  
Short History ◽  
Social Functions ◽  
Economic Dimension ◽  
Redistribution Function ◽  
Personal Income Taxation

Personal income tax (hereinafter referred to as PIT) has a short history, as it appeared in tax systems of EU countries as late as at the end of the 18th century. As a specific universal construction it performs two economic functions: providing financial means for covering some public expenses (fiscal function), leveling off – through its construction – inequalities in population incomes (redistribution function) and implements social functions of taxation through various tax reliefs and exemptions or the construction of the tax scale.

scholarly journals A magyar adórendszer egyszerűsítésének okai és lehetséges hatásai

2009 ◽  
Vol 4 (3-4) ◽  
pp. 133-137
Author(s):  
Andrea Gáspár
Keyword(s):  
European Union ◽  
Income Tax ◽  
Personal Income ◽  
Personal Income Tax ◽  
Member States ◽  
Fiscal System

There are nearly 50 different tax categories in an effect currently in Hungary. These request a different acknowledgement, in payment deadline doing the dirty of the taxpayers. Hungary occupies the 111. place in a hierarchy classifying the simplicity of the taxation according to the study of tax payment with 2009 titles prepared by IFC between the exam-ined 181 countries. I examined it in my analysis in our taxation ensued changes. The changes complicated our fiscal system in some cases. But there is a tax category like that pi. personal income tax, where 4,6, there were 2 tax brackets in validity then. It continued with "Eva", "Ekho" introduction then simplification, which all of them are until the today's day continuously on an agenda, yes. International - European Union ensued in his member states mainly - examining tendencies it adapting opportunity and I deducted my inferences analyzing its possible effects onto the Hungarian tax brackets and tax categories.

scholarly journals Development of Income Taxes in Slovakia and the European Union in the Light of Recent Economic Changes in Europe

2021 ◽  
Vol 17 (2) ◽  
pp. 67-86
Author(s):  
Jaroslav Korečko ◽  
Alžbeta Suhányiová ◽  
Ladislav Suhányi
Keyword(s):  
European Union ◽  
Tax Competition ◽  
Income Tax ◽  
Income Taxes ◽  
The European Union ◽  
Personal Income Tax ◽  
Economic Changes ◽  
National Economies ◽  
Political Economic ◽  
The Eu

Political, economic, and social developments in the world have undergone relatively turbulent changes over the last two decades. The European Union has not avoided them either. Naturally, any such change directly or indirectly affects the national economies of individual countries. Governments adapt to the new conditions through measures in the areas of employment, production, taxes, levies, and the like. This paper aims to examine the development of income taxes in Slovakia and other countries of the EU. Personal income tax and corporate income tax are the most significant direct taxes in all Member States in terms of collection volume. Their development varies from one region of Europe to another. Therefore, the idea of greater tax harmonization in the Union regularly runs into the arguments of countries in favor of maintaining tax competition. The paper seeks the similarity of individual tax systems and suggests a possible procedure in their further convergence.

scholarly journals PERSONAL INCOME TAX GAPS: BIBLIOMETRIC AND ECONOMETRIC ANALYSIS

2021 ◽  
Vol 4 (39) ◽  
pp. 193-201
Author(s):  
I. Tiutiunyk ◽  
O. Mazurenko
Keyword(s):  
European Union ◽  
Economic Development ◽  
Bibliometric Analysis ◽  
Income Tax ◽  
Personal Income ◽  
Development Theory ◽  
Personal Income Tax ◽  
European Union Countries ◽  
Tax Gap ◽  
Scopus Database

Abstract. The article is devoted to the essence and features of the formation of personal income tax gaps. The object of the paper is 1795 publications indexed in the Scopus database on the tax gaps in the national economy. The time horizon of the study was in 1935—2021.  On the basis of bibliometric analysis, the main directions of the study of tax gaps are determine, the trend of changing the number of publications on this issue is analyzed. It is concluded that the theory of tax gap management is quite young and is currently only in its infancy. By the VOSViewer tools, five patterns of frequency of use of keywords in scientific works devoted to the issues of forming tax gaps have been identified, their connection with other economic categories have been determined. The analysis of the publications indexed in the Scopus database on a geographical basis is carried out. Clustering international research networks based on bibliometric analysis of scientific papers on the theory of tax gaps management by geographical location have been done. The article identifies the top Scientific Journals indexed by the Scopus database in which the issues of tax gap management were published most often. According to the Scopus database the most popular theories within this problem are: social theories, inequality and tax morality, management and motivation theories, sustainable development theory, production theory, concepts of fiscal policy implementation. A methodical approach to the assessment of tax gaps for personal income tax is proposed. The personal income tax gaps for Ukraine and European Union countries has been estimated. An average volume of personal income tax gaps within 7—28 %, and there is no positive dynamics in its reducing. The countries with the highest volume of personal income tax gaps include Greece, Poland, the Slovak Republic, Turkey, with the lowest — Germany, Belgium, Latvia, Luxembourg. Based on the Multiple regressions test, the hypothesis about the significant impact of tax gaps on personal income tax on the country’s economic development indicators was tested. Graphical interpretation of the link between the personal income tax gap and GDP for Ukraine and European Union countries indicates a negative correlation between them. Keywords: tax gap, shadow economy, tax evasion, GDP, economic development, state policy. JEL Classification E60, E63, C23 Formulas: 1; fig.: 4; tabl.: 2; bibl.: 17.

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