The Effects of a Property Tax Off-Set Under an Income Tax. By Herbert D. Simpson.

1933 ◽  
Vol 18 (4) ◽  
pp. 115-116
Author(s):  
Mabel Newcomer
Keyword(s):  
Income Tax ◽  
Property Tax

scholarly journals Zakat Regulation as a Reduction of Income Tax in Indonesia

2020 ◽  
Vol 3 (3) ◽  
pp. 2109-2116
Author(s):  
Arifin Marpaung
Keyword(s):  
Social Security ◽  
Economic System ◽  
Social System ◽  
Income Tax ◽  
Property Tax ◽  
Financial Economic ◽  
Humanitarian Assistance ◽  
Middle Way ◽  
Religious System ◽  
State Income

Zakat is one part of the rules of social security in Islam, in a deeper and broader scope, which includes aspects of material and spiritual life. Zakat is also a financial, economic, social, political, moral and religious system at the same time. Zakat as a financial and economic system, because it is a specified property tax. Zakat is a financial source of baitul mall in Islam that is continuous. Zakat as a social system, because it functions to save people from various weaknesses, overcome various disasters and accidents, provide humanitarian assistance, who are helping those who do not have, the strong help the weak. Zakat and tax are the material obligations of a citizen of his country and are a source of state income used to finance state expenses and needs. the position of zakat cannot be replaced by taxation. the problem in Indonesia where the majority of the population is Muslim, in addition to being obligatory zakat they are also burdened with various taxes, so that a middle way can be taken,namely reducing the amount of tax by the amount of zakat that has been paid. Thus a taxpayer can still pay obligations as citizens and continue to fulfill their religious obligations.

The Effect of Inflation on the Income Elasticity of Taxes

1976 ◽  
Vol 4 (3) ◽  
pp. 323-337 ◽  
Author(s):  
Jack P. Suyderhoud ◽  
Michael Veseth
Keyword(s):  
Income Tax ◽  
Income Elasticity ◽  
Property Tax ◽  
Real Income ◽  
Sales Tax ◽  
Price Inflation ◽  
Tax System ◽  
The Real ◽  
Income Elasticities ◽  
The Relationship

This paper defines the relationship between the nominal (or money) income elasticity and the real income elasticity of a tax system. Under most circumstances, the real and the nominal income elasticities differ. This difference has not been recognized by economists who rely strictly on nominal elasticities as an indicator of revenue adequacy or tax burden, a practice which can be misleading, especially under conditions of general price inflation. The income tax, sales tax and property tax are analyzed briefly in terms of their elasticity features.

scholarly journals Tax subsidies for entrepreneurs in case of property tax

2020 ◽  
Vol 19 (3) ◽  
pp. 161-171
Author(s):  
Edyta Jóźwiak
Keyword(s):  
Real Estate ◽  
Income Tax ◽  
Property Tax ◽  
Tax Law ◽  
Tax Rates ◽  
The European Union ◽  
Personal Income Tax ◽  
Free Competition ◽  
Tax Subsidies ◽  
Real Estate Tax

In Polish tax law, real estate is subject to taxation. Property tax rates depend not only on the type of property but also on the taxable person. Thus, as far as persons conducting business activity are concerned, real estate in their possession is taxed at a higher rate than that of natural persons. The amount of the tax payable annually may exceed the income of the trader concerned, since it does not depend on the taxable person's financial situation (as is the case with other taxes, e.g. personal income tax). Due to this fact, a catalog of tax reliefs and exemptions, i.e. the so-called tax subsidies, as well as the possibility of spreading the tax in instalments and deferring its payment date is an important role in real estate tax. The state, including municipalities, may create this form of aid, as long as it does not conflict with the provisions of the Act on State Aid and similar provisions in force in the European Union, which are designed to observe free competition in the market. The purpose of this Article is to indicate what are the current forms of assistance to entrepreneurs on the example of property tax.

scholarly journals DILEMMAS RELATED TO POTENTIAL CHANGES IN TAXATION OF FARMS

2020 ◽  
Vol 51 (51) ◽  
pp. 5-15
Author(s):  
Marian Grzegorz Podstawka
Keyword(s):  
Income Tax ◽  
Motor Vehicle ◽  
Property Tax ◽  
Tax Burden ◽  
Small Farms ◽  
Tax Rate ◽  
Excise Tax ◽  
Large Farms ◽  
A Share

Polish farms are burdened with the following taxes: agricultural tax, forestry tax, property tax, motor vehicle tax, VAT, and excise tax. The research showed that small farms suffered losses in the years 2014-2018. However, income made by small farms (income of EUR 8,000 to 25,000) was burdened with all taxes ranging from 29.9% in 2014 to 67.05% in total. In 2018, middle-sized farms with income between EUR 50,000 and EUR100,000 had a share of all taxes in their income of about 4-6%. Very large farms (>EUR 500,000 of income) had a symbolic tax burden of ca. 1%. In the case of the tax burden on farms’ revenues, very small and small farms were in the worst situation, similarly as before. They recorded ca. 2.7% of taxes in their revenues. The medium-sized farms had a burden of ca. 1% of their revenues with all taxes. By contrast, the revenues of very large farms were burdened with symbolic taxes in the amount of ca. 0.2%. In this situation, while maintaining the current tax burden borne by farms, it should be remembered that the income tax rate and the revenue tax rate cannot exceed 5% and ca. 1%, respectively.

The Effect of a Property Tax Off-Set under an Income Tax

1932 ◽  
Vol 14 (4) ◽  
pp. 732
Author(s):  
M. R. Benedict ◽  
H. D. Simpson
Keyword(s):  
Income Tax ◽  
Property Tax

Indirect Aid to the Arts

1984 ◽  
Vol 471 (1) ◽  
pp. 132-143
Author(s):  
MICHAEL O'HARE ◽  
ALAN L. FELD
Keyword(s):  
Local Governments ◽  
Income Tax ◽  
Property Tax ◽  
Government Support ◽  
Tax Credits ◽  
Best Interests ◽  
The Public ◽  
The Arts ◽  
Federal Income Tax ◽  
Tax Deductions

Most government support of arts institutions is indirect—the result of charitable deduction provisions of the federal income tax, property tax exemptions extended by local governments, and other tax provisions. The money that government forgoes through these provisions must be made up by higher taxes for all taxpayers. The public, however, has little say about how these funds are spent. By its very nature, the income tax deduction places the decision-making power over arts institutions in the hands of those with high incomes. Those with high incomes receive a greater tax benefit for each dollar they contribute, increasing the amounts they donate, which increases the likelihood of their influence over those who run arts institutions, and they are allowed to place restrictions on the use of their gifts. Moreover the property tax exemption encourages arts institutions to invest heavily in real estate, which is not necessarily in the public's best interests. Replacing some indirect subsidies with direct subsidies and granting tax credits for donations in place of tax deductions would go a long way toward making the system more equitable.

scholarly journals SIKAP DAN PERILAKU MASYARAKAT WAJIB PAJAK DALAM PEMBAYARAN PBB DI SUMATERA BARAT

2018 ◽  
Author(s):  
Firman - Firman
Keyword(s):  
Regression Analysis ◽  
Random Sampling ◽  
Income Tax ◽  
Positive Attitude ◽  
Property Tax ◽  
Negative Attitude ◽  
Analysis Data ◽  
The Other ◽  
The City ◽  
Cluster Random Sampling

The research aimed to expressed about : (1) the attitude of WPBB (Wajib Pajak Bumi dan Bangunan) in some of cities of West Sumatera. WPBB is people who had had to pay some of tax ,e.g : income tax, property tax an land tax, (2) the behavior of WPBB to pay taxation in the city of West Sumatera, and (3) the influence of bahavior to WPBB in paying taxation. The population of this research was people who had had to pay taxation. It used Purposive Cluster Random Sampling with 342 people. Collecting data using questionnaires. The data were analyzed by using procentage and regression analysis. The analysis data showed that : (1) 68,26 % of WPBB had had positive attitude to pay taxation. The other 30,99 % had had negative attitude and 0,43 % still doubt, 64,28 % of WPBB had had positive attitude in paying taxation, 28,76 % of them had negative attitude and 2 % still get doubt attitude, (3) the attitude cold gave influence to the behavior of WPBB in paying taxation as much as 25,5 %.

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