Tax Expenditures: A Theoretical Review
Tax expenditures are an instrument frequently used when a government wishes to achieve certain economic and social effects. But because of the increasing number and scope of tax expenditures, their proper use, quality of administration and record-keeping have become a major challenge for the tax aut...
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| Format: | Article |
| Language: | English |
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Institute of Public Finance
2006-06-01
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| Series: | Financial Theory and Practice |
| Subjects: | |
| Online Access: | http://www.ijf.hr/eng/FTP/2006/2/bratic1.pdf |
| _version_ | 1818340725831499776 |
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| author | Vjekoslav Bratić |
| author_facet | Vjekoslav Bratić |
| author_sort | Vjekoslav Bratić |
| collection | DOAJ |
| description | Tax expenditures are an instrument frequently used when a government wishes to achieve certain economic and social effects. But because of the increasing number and scope of tax expenditures, their proper use, quality of administration and record-keeping have become a major challenge for the tax authorities and the whole of the government. The article considers and explains very diverse forms of tax expenditure such as reliefs, tax deductions, tax allowances, tax exceptions and special rates of taxation and the ways in which they are defined and calculated. The key problems in the analysis are the absence of a single definition and of methodology for the calculations; these ultimately make it impossible to compare tax expenditures between or among countries. |
| first_indexed | 2024-12-13T15:47:28Z |
| format | Article |
| id | doaj.art-0082ed6a2fa34dfd87257126c58f0c39 |
| institution | Directory Open Access Journal |
| issn | 1846-887X 1845-9757 |
| language | English |
| last_indexed | 2024-12-13T15:47:28Z |
| publishDate | 2006-06-01 |
| publisher | Institute of Public Finance |
| record_format | Article |
| series | Financial Theory and Practice |
| spelling | doaj.art-0082ed6a2fa34dfd87257126c58f0c392022-12-21T23:39:39ZengInstitute of Public FinanceFinancial Theory and Practice1846-887X1845-97572006-06-01302113127Tax Expenditures: A Theoretical ReviewVjekoslav BratićTax expenditures are an instrument frequently used when a government wishes to achieve certain economic and social effects. But because of the increasing number and scope of tax expenditures, their proper use, quality of administration and record-keeping have become a major challenge for the tax authorities and the whole of the government. The article considers and explains very diverse forms of tax expenditure such as reliefs, tax deductions, tax allowances, tax exceptions and special rates of taxation and the ways in which they are defined and calculated. The key problems in the analysis are the absence of a single definition and of methodology for the calculations; these ultimately make it impossible to compare tax expenditures between or among countries.http://www.ijf.hr/eng/FTP/2006/2/bratic1.pdftax expendituresreliefscreditsexceptions |
| spellingShingle | Vjekoslav Bratić Tax Expenditures: A Theoretical Review Financial Theory and Practice tax expenditures reliefs credits exceptions |
| title | Tax Expenditures: A Theoretical Review |
| title_full | Tax Expenditures: A Theoretical Review |
| title_fullStr | Tax Expenditures: A Theoretical Review |
| title_full_unstemmed | Tax Expenditures: A Theoretical Review |
| title_short | Tax Expenditures: A Theoretical Review |
| title_sort | tax expenditures a theoretical review |
| topic | tax expenditures reliefs credits exceptions |
| url | http://www.ijf.hr/eng/FTP/2006/2/bratic1.pdf |
| work_keys_str_mv | AT vjekoslavbratic taxexpendituresatheoreticalreview |