Electronic Resource

Taxation History, Theory, Law and Administration

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Penilaian

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Tax practitioners are unfamiliar with tax theory. Tax economists remain unfamiliar with tax law and tax administration. Most textbooks relate mainly to the US, UK or European experiences. Students in emerging economies remain unfamiliar with their own taxation history. This textbook fills those gaps. It covers the concept of taxes in regards to their rationale, principles, design, and common errors. It addresses distortions in consumer choices and production decisions caused by tax and redressals. The main principles of taxation—efficiency, equity, stabilization, revenue productivity, administrative feasibility, international neutrality—are presented and discussed. The efficiency principle requires the minimisation of distortions in the market caused by tax. Equity in taxation is another principle that is maintained through progressivity in the tax structure. Similarly, other principles have their own ramifications that are also addressed.

A country’s constitutionalspecification of tax assignment to different levels of government—central, state, municipal—are elaborated. The UK is more centralised than the US and India. India has amended its constitution to introduce a goods and services tax (GST) covering both central and state governments. Drafting of tax law is crucial for clarity and this aspect is addressed. Furthermore, the author illustrates different types of taxes such as individual income tax, corporate income tax, wealth tax, retail sales/value added/goods and services tax, selective excises, property tax, minimum taxes such as the minimum alternate tax (MAT), cash-flow tax, financial transactions tax, fringe benefits tax, customs duties and export taxes, environment tax and global carbon tax, and user charges. An emerging concern regarding the inadequacy of international taxation of multinational corporations is covered in some detail. Structural aspects of tax administration are given particular attention.

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Availability

Inventory Code	Barcode	Call Number	Location	Status
2108000184	EB0004919	343.04 Sho t	Central Library (OPAC)	Available

Detail Information

Series Title

Springer Texts in Business and Economics

Call Number

343.04 Sho t

Publisher

Switzerland : Springer Cham., 2021

Collation

xxxvii, 504p.:ill

Language

English

ISBN/ISSN

978-3-030-68214-9

Classification

343.04

Content Type

Ebook

Media Type

-

Carrier Type

online resource

Edition

1

Subject(s)

Tax Law

Specific Detail Info

-

Statement of Responsibility

BRF

Other version/related

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