scholarly journals Account aspects of deferred taxation when calculating income tax

2016 ◽  
pp. 5-10
Author(s):  
Ya.Yu. Akimova ◽  
◽  
E.M. Kolmakova ◽  
Keyword(s):  
Income Tax ◽  
Deferred Taxation

Das Ineinandergreifen von Zulagenförderung und Sonderausgabenabzug des Riester-Kombimodells im Lichte einer „Quasi-Doppelbesteuerung“

2021 ◽  
Vol 70 (2) ◽  
pp. 95-108
Author(s):  
Michael Brähler ◽  
Uwe Schätzlein
Keyword(s):  
Hybrid Model ◽  
Income Tax ◽  
Pension Scheme ◽  
Tax Burden ◽  
Double Taxation ◽  
Pension Payments ◽  
Do So ◽  
Deferred Taxation

Zusammenfassung In der zulagengeförderten Altersvorsorge (sog. Riester-Rente) wurde eine staatliche Förderung im progressionsabhängigen und -unabhängigen Kombimodell verankert. Steuerentlastungen, die den höchstmöglichen Zulagenanspruch übersteigen, werden dem Steuerpflichtigen im Rahmen seiner Einkommensteuererklärung angerechnet oder erstattet. Hieraus folgt eine implizite Pflicht zur Ausübung des Wahlrechts auf Beantragung der Altersvorsorgezulage. Handelt der Vorsorgende dieser zuwider, kann sich intertemporal eine steuerliche Mehrbelastung einstellen, da selbst eine marginale steuerliche Förderung von Beiträgen in der Anwartschaftsphase eine vollständige nachgelagerte Besteuerung in der Leistungsphase auslöst. Ein Vorsorgender liefe in diesem Fall Gefahr mit seinen Rentenleistungen einem Risiko der „Quasi-Doppelbesteuerung“ zu unterliegen. Dieses Risiko gilt es vonseiten des Gesetzgebers zu eliminieren. Abstract: The Intertwining of Allowance and Special Expenses Deduction of the Riester Hybrid Model in Light of a “Quasi Double Taxation” In the German subsidised pension scheme (so-called Riester pension), a state subsidy has been implemented in a progressive and non-progressive hybrid model. Tax reliefs exceeding the maximum allowance entitlement will be taken into account or reimbursed as part of the taxpayer’s income tax return. As a ­result, the taxpayer is implicitly obliged to exercise the option to apply for the Riester allowance. In case he fails to do so, he has to face the risk of an intertemporal additional tax burden, since even the slightest of subsidisations in the entitlement period leads to full liability for deferred taxation in the pension period. This case bears the risk of pension payments being subject to a “quasi double taxation”. It is necessary for the legislation to eliminate this risk.

The Effects of Income Tax Timing on Retirement Investment Decisions

2020 ◽  
Author(s):  
Shane R. Stinson ◽  
Marcus M. Doxey ◽  
Timothy J. Rupert
Keyword(s):  
Performance Feedback ◽  
Income Tax ◽  
Investment Decisions ◽  
Retirement Income ◽  
Online Experiment ◽  
Risky Assets ◽  
Retirement Investment ◽  
Deferred Taxation

In an online experiment, the immediate (Roth) versus deferred taxation of retirement income affects taxpayers' investment decisions such that tax-deferred plan investors under-adjust for future tax burdens and overestimate their future wealth compared to Roth investors. When presented with a specific, after-tax monetary goal, Roth account holders invest more in higher-risk, higher-return assets than tax-deferred account holders. We investigate four aspects of this investment context that could alleviate these differences: 1) implementing a "do-your-best" goal, 2) reframing specific goals in pre-tax dollars, 3) explicitly prompting investors to estimate future tax burdens, and 4) providing performance feedback. These interventions reduce differences between Roth and tax-deferred investor behaviors, but do not entirely close the gap on their own. In combination, reframing goals and prompting future tax estimations encourage tax-deferred account holders to invest in risky assets to the same degree as Roth investors only when paired with performance feedback.

Regime of Fiscal Incorporation (RIF): A Tool That Gives Competitiveness to Start-Ups in Mexico

2018 ◽  
Vol 9 (12) ◽  
pp. 1042-1046
Author(s):  
Tadeo Armando Barrón López ◽  
Keyword(s):  
Latin America ◽  
Income Tax ◽  
Appropriate Use ◽  
Old Regime ◽  
Advantages And Disadvantages ◽  
Start Ups

The following text will show the different tax forms for a newly created company to become competitive, analyze the subsidies they have in a federal tax (Income Tax), compare the tax incorporation regime (RIF) with The old regime of small taxpayers (REPECO), analyzes the advantages and disadvantages of the appropriate use of RIF for start-ups, and finally, the tax incorporation regime is compared with similar ones in Latin America, reflecting on tax contributions Which each government has to raise so that its governments are efficient and effective within a country.

THE ECONOMIC EXISTENCE OF THE STATE IS IMPLEMENTED IN TAXES

2018 ◽  
pp. 356-358
Author(s):  
Oleg I. Mariskin
Keyword(s):  
Income Tax ◽  
Western Siberia ◽  
The State ◽  
Tax Reforms ◽  
Poll Tax

The review on the book: Kirillov A. K. From the Poll Tax to Income Tax: Tax Reforms of Capitalistic Russia and Their Implementation in Western Siberia in the second half of the XIX – early XX century. Novosibirsk, 2017, 178 p.

The Fiscal Effects of Economic Immigration on Subnational Government Finance in Poland

e-Finanse ◽  
2019 ◽  
Vol 15 (1) ◽  
pp. 45-58
Author(s):  
Marzanna Poniatowicz ◽  
Agnieszka Piekutowska
Keyword(s):  
Social Policy ◽  
Income Tax ◽  
Research Question ◽  
Personal Income Tax ◽  
Government Finance ◽  
Subnational Government ◽  
Migration Research ◽  
The Impact ◽  
High Share

AbstractThe aim of the paper is to analyse the effects of economic immigration on subnational government finance (SNG) in Poland. The goal to achieve is to answer the following research question: what are the fiscal effects of immigration on SNG budget revenues and expenditures. To answer this question, logarithmic models were developed. The analysis refers to the years 2007-2016. In this respect, data from Statistics Poland - referring to budget revenues and expenditures of communes, cities of district status, districts and voivodeships - were used. As far as immigration statistics are concerned, data from the Ministry of Family, Labour and Social Policy were used. The results indicate an increase in both revenues and expenditures of SNG as a result of immigration. Such results can be explained inter alia by the nature of migration - research were focused on economic immigration. Results confirm that the level of employment of foreigners is one of the determinants shaping the fiscal effect of immigration. Moreover, the impact of economic immigration on SNG budget revenues and expenditures depends on the structure of this budget. This explains the differentiated results of the analysis of the impact of immigration on SNG in different countries. The positive correlation between immigration and SNG revenues in Poland can be associated with a high share of subnational governments in personal income tax revenues as this tax is one of the main categories of SNG revenues. Furthermore, results show that the impact of immigration on local government budgets in Poland is modest. This confirms the conclusions drawn by other authors (e.g. Auerbach and Oreopoulos), that in the long term, immigration cannot be considered as a potential instrument for resolving fiscal imbalances.

The investment activity of Russian business: Relationships with corporate income tax burden

2020 ◽  
Vol 23 (7) ◽  
pp. 800-823
Author(s):  
A.A. Razuvaeva ◽  
N.V. Pokrovskaya
Keyword(s):  
Income Tax ◽  
Systems Approach ◽  
Corporate Income Tax ◽  
Federal State ◽  
Tax Burden ◽  
Return On Assets ◽  
Investment Activity ◽  
Analysis And Synthesis ◽  
Tax Benefits

Subject. This article assesses the role of tax incentives for the Russian business' investment behavior. Objectives. The article aims to identify the relationship between the corporate income tax burden as an indicator responding to tax benefits application and the investment activities of Russian companies. Methods. For the study, we used the methods of analysis and synthesis, and the systems approach. The analysis covers the period from 2012 to 2018. The data of the Russian Federal State Statistics Service, Federal Tax Service of Russia, and the Ministry of Finance of the Russian Federation are the source of information for analysis. Results. The article summarizes the characteristics of the investment activity of the Russian business. However, the article does not reveal any obvious relationship between the income tax burden and the investment activity of the Russian business in the 2010s. There is also no link found between fixed investment and return on assets. Conclusions. The increase in income tax burden in the late 2010s, accompanied by a decrease in profitability, poses a threat to the active investment development of Russian organizations.

IN RE INCOME TAX ACTS

1929 ◽  
Vol [1929] VLR ◽  
pp. 322-326
Keyword(s):  
Income Tax
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