A Comparative Analysis of Tax System in the BRICs and the Challenges Ahead: Informality and the Fiscal Contract

2020 ◽  
pp. 31-51
Author(s):  
Laura Seelkopf ◽  
Armin von Schiller
Keyword(s):  
Comparative Analysis ◽  
Tax System ◽  
Fiscal Contract

Commonalities and differences of tax systems in West Balkan countries Comparative analysis

2015 ◽  
Vol 3 (1) ◽  
pp. 155 ◽  
Author(s):  
Teuta Balliu ◽  
Aida Gaçe Llozana
Keyword(s):  
Economic Development ◽  
Comparative Analysis ◽  
Foreign Direct Investments ◽  
Fiscal Policies ◽  
Fiscal Discipline ◽  
Tax System ◽  
Revenue Collection ◽  
Balkan Countries ◽  
The Subject ◽  
Tax Systems

Countries of former Yugoslavia and Albania are considered as countries with many common problems as well as changes, which in this context are regarded as insignificant. On their way towards development, these countries are characterized by common problem, among which the most sensitive have been and still remain, unemployment, increasingly compressed public administration, unjustified optimism when planning the budget, mismanagement of public finances and poor fiscal discipline which mostly depends on being or not an election year. In these countries we notice the lack of harmony between economic and fiscal policies and the real needs of the economy. This is seen as other major common ofWest Balkan countries. This similiarity of problems narrows the possibility of competition associated to the foreign investment absorbing capacity. But, which is the moacroeconomic picture in the countries of West Balkan? What are their tax systems? How much are the foreign direct investments? Does the tax system serve as a promoter for these invvestments? This paper represents a comparative analysis of the fiscal systems in the countries of this region. The subject of this paper is the protection with arguments of the economic and fiscal policy which are built for the economic development of a country. This because we are given that there are two types of experiences related to tax system, one of which handles taxes as instruments for revenue collection and the other as a promoter factor for economic development.

scholarly journals FEATURES OF TAX SYSTEM IN CANADA

2020 ◽  
pp. 103-107
Author(s):  
L. D. Efanova ◽  
T. A. Sukhacheva
Keyword(s):  
Comparative Analysis ◽  
Significant Role ◽  
Scientific Knowledge ◽  
National Economy ◽  
High Standard ◽  
Developed Countries ◽  
Standard Of Living ◽  
Tax System ◽  
General Scientific ◽  
Complex Methods

The state of Canada’s tax system has been studied. The structure of taxation in Canada, in particular current issues of tax control over taxpayers, have been considered. In the course of the study, regulative, complex methods of studying the tax system in Canada, general scientific and special methods of scientific knowledge: systematic and functional-structural, comparative analysis were used. It has been revealed that the tax system in Canada is more sparing and effective then in other countries. Canada, unlike other developed countries, has a higher degree of decentralization, when, with a significant impact of federal authorities, the provinces play a significant role in the formation of the concept of the national economy. This state is able to provide its citizens with a high standard of living, decent wages and quite loyal tax system.

A comparative analysis of taxation and revenue trends in the Middle East and North Africa (MENA) region

2019 ◽  
Vol 31 (4) ◽  
pp. 646-671 ◽  
Author(s):  
Nizar Mohammad Alsharari
Keyword(s):  
Comparative Analysis ◽  
Middle East ◽  
North Africa ◽  
Mena Region ◽  
Tax System ◽  
Content Type ◽  
Comparative Review ◽  
Equity And Efficiency ◽  
Tax Systems ◽  
Insight Into

Purpose The purpose of this paper is to gain insight into how well past reforms have performed against revenue, equity and efficiency benchmarks of tax policymaking, so that the direction of future reform of tax system might be determined. It also presents a comparative analysis of taxation and revenue trends in the Middle East and North Africa (MENA) region over the data set period 1990-2012. Design/methodology/approach By overviewing the development and relative significance of resource revenues, allocating non-resource taxes and examining the tax policies of constituent countries, this paper presents a comparative review of taxation and revenue trends in the MENA region. Findings Findings showed, on average, a slight decline in non-resource revenues against the significant rise in income from resources. The analysis of government revenues and current taxation structures provide insight into how prior reforms have performed against the standard measures of tax policy-making (i.e. revenue, equity and efficiency) and directions for change leading to the establishment of simple tax systems. The study observes regional differences, such as the higher tax and revenues of the Maghreb sub-region over the Mashreq, except for value-added tax, where low rates were associated with equal or greater revenue. Similarities were also found, including the partial compensation by income taxes (not indirect taxes) for revenue lost through trade liberalization. The challenges of tax reform are found to vary across countries and opportunities for improving equity and reducing the complexity of tax systems across the region are identified. Research limitations/implications Reforms in all tax systems could have major implications for the country, employment, earnings and tax revenues; but recommendations would require political value judgments and government decisions. The study suggests eliminating the current tax system, thereby replacing one of the more distortionary taxes in the current system with a neutral and efficient tax. Originality/value The paper signals the need, even of the oil-rich states of the Gulf Cooperation Council, for governments to build tax systems capable of capturing and spending revenues effectively into the future.

scholarly journals Comparative analysis of the effect of tax evasion through tax havens

2021 ◽  
Vol 7 (3) ◽  
pp. 51-65
Author(s):  
Dejan Karavelić ◽  
Vladimir Todorović ◽  
Kristijan Ristić ◽  
Danijela Karić ◽  
Vesna Miletić
Keyword(s):  
Comparative Analysis ◽  
Tax Evasion ◽  
Income Tax ◽  
Corporate Income Tax ◽  
Personal Income Tax ◽  
State Budget ◽  
Tax System ◽  
Tax Havens ◽  
The Eu ◽  
Budget Revenue

By looking at the most famous tax havens today, we turn our attention to research that will show the real problems and impact of tax havens on tax evasion. For the mentioned research, we will use a comparative analysis in which the tax system of the EU countries and the countries of tax havens will be included. In all modern countries, personal and corporate income tax are one of the safest sources of state budget revenue. The most significant direct taxes are personal income tax (tax) and corporate income tax.

scholarly journals Comparative analysis of change in budget income from the increased VAT rates

2021 ◽  
Vol 12 (1) ◽  
pp. 66-74
Author(s):  
Ekaterina A. Tolmacheva ◽  
Ekaterina S. Podbornova
Keyword(s):  
Comparative Analysis ◽  
Value Added ◽  
Tax System ◽  
Factors Affecting ◽  
Indirect Taxes ◽  
Points Of View ◽  
The Stability ◽  
Additional Income

Indirect taxes play an important role in the Russian tax system, one of which is VAT. Value added tax is one of the most complex taxes in the Russian tax system. The article is devoted to the study of changes in budget income from the increased VAT rate. A comparative analysis of changes in budget income from an increased VAT rate is carried out. The list of basic and special indicators of changes in budget income from the increased VAT rate has been clarified. Particular attention is paid to the facts that have a significant impact on changes in budget income with an increased VAT rate. VAT is capable of ensuring the stability of the entire Russian system of public finance in the long term, not to mention the fact that stability is especially important in a crisis. Therefore, any steps to change the tax, especially in the direction of increasing, should be carefully calculated from all possible points of view, and not only from the side of additional income to the budget. In this regard, the objectives of this study are to determine the significance of factors affecting the quality of VAT administration, to identify the main constraints that reduce the efficiency of VAT collection in the OECD countries and Russia, and to develop recommendations for improving the quality of VAT administration in Russia.

scholarly journals Comparative analysis of Lithuanian and Polish taxation system

2013 ◽  
pp. 110-120
Author(s):  
Lina Šalnytė ◽  
Giedrė Balkytė
Keyword(s):  
Comparative Analysis ◽  
Dynamic Analysis ◽  
Economic Crisis ◽  
Business Owners ◽  
Tax Burden ◽  
Tax Rates ◽  
Tax System ◽  
Tax Systems ◽  
Taxation System

Comparison of tax systems may influence opinion of investors and businessmen because countries,  that have more favourable tax system and where the tax burden is less, seems more attractive for investment. Business owners, shareholders and other businessmen complain of the tax burden in Lithuania. Poland is one of the countries that managed the economic crisis, in spite of the fact that tax rates are higher in this country. The planned aim of the article is to do the comparative analysis of Lithuanian and Polish tax system. In this article the analysis and comparison of Lithuania and Poland tax systems, structural and dynamic analysis of Lithuania and Poland budgets revenue, comparative analysis of the main taxes collection and their burden are presented.

Reasons for non-competitiveness of the Russian tax system

2020 ◽  
pp. 33-62
Author(s):  
V. Kashin ◽  
M. Abramov
Keyword(s):  
Economic Growth ◽  
Comparative Analysis ◽  
Tax System ◽  
Global Economic Growth

The article provides a comparative analysis of the modern tax system in Russia and abroad, and examines its impact on global economic growth. Specifi c measures have been developed to im-prove the Russian tax system and recommendations have been made to improve the business cli-mate.

TAXPOLICY OF OIL AND GAS PRODUCING COUNTRIES

2020 ◽  
Vol 2 (1) ◽  
pp. 357-371
Author(s):  
J.G. BOGATKINA ◽  
◽  
N.A. EREMIN ◽  
O.N. SARDANASHVILI ◽  
◽  
...  
Keyword(s):  
Comparative Analysis ◽  
Economic Efficiency ◽  
Oil And Gas ◽  
Economic Assessment ◽  
Tax Burden ◽  
Tax Rates ◽  
Tax System

The article discusses tax models of various oil and gas producing countries. Their comparative analysis was carried out on the basis of a technical and economic assessment of the development efficiency of one of the fields in the Perm Territory. An assessment of the current tax regime showed that the development of the field is on the verge of economic efficiency. Therefore, to assess it, a reduction in the tax burden is required. It is shown that the easiest way to increase the flexibility of the tax system is to differentiate tax rates depending on the level ofproduction and prices. It is concluded that it is necessary to resort to the payment of Royalties or to use an alternative taxation mechanism in Kazakhstan.

scholarly journals IMPROVING OF TAX LITERACY OF RUSSIAN POPULATION IN TERMS OF DIGITALIZATION OF THE ECONOMY

2021 ◽  
Vol 6 ◽  
pp. 221-230
Author(s):  
Elena Aleksandrova
Keyword(s):  
Comparative Analysis ◽  
Russian Federation ◽  
Financial Literacy ◽  
Scientific Research ◽  
Main Element ◽  
Traditional Methods ◽  
Tax System ◽  
Knowledge And Skills ◽  
The Russian Federation ◽  
The Individual

The article presents an overview of the concept of tax literacy as the main element of financial literacy and the necessary prerequisite for the formation of the tax culture of society and the individual. The expansion of the field of knowledge and skills that form the tax literacy of the population in the era of the digital economy is shown.The aim of the study is to analyze the prerequisites for the formation and development of tax literacy in the Russian Federation and its impact on improving the efficiency of the tax system. The study used traditional methods of scientific research, the monographic method, and the method of comparative analysis.The results of a comparative analysis of the level of financial literacy in different countries showed the insufficiency of its development in Russia. Based on the analysis of the state of taxation of individuals in the Russian Federation, the problems of the formation of tax literacy and tax culture of the population of Russia are identified, for the solution of which the author formulated proposals. 

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