The Resource Are turnover-based taxes a suitable way to target business profits?

Are turnover-based taxes a suitable way to target business profits?

Label
Are turnover-based taxes a suitable way to target business profits?
Title
Are turnover-based taxes a suitable way to target business profits?
Creator
Subject
Language
eng
Summary
The comeback of turnover-based taxes raises several concerns. Although easier to ascertain than profits, revenue is a poor indicator of ability to pay, particularly when employed as a tax base for progressive levies. Size of turnover is hardly a ground for tax differentiation, not to mention the risk of double taxation and unequal treatment. Efforts to enact turnover taxes, such as the digital services tax envisaged by the European Commission, should therefore be carefully reassessed
Citation source
In: European taxation. - Amsterdam. - Vol. 59 (2019), no. 11 ; p. 538-546
http://library.link/vocab/creatorName
Stevanato, D
Geographic coverage
  • European Union
  • Europe
Language note
English
http://library.link/vocab/subjectName
  • turnover tax
  • presumptive taxation
  • corporate income tax
  • digital services tax
  • discrimination
  • gross receipts
Label
Are turnover-based taxes a suitable way to target business profits?
Instantiates
Publication
Label
Are turnover-based taxes a suitable way to target business profits?
Publication

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