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.
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.
![Taxation History, Theory, Law and Administration](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
Taxation History, Theory, Law and Administration
504![Taxation History, Theory, Law and Administration](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
Taxation History, Theory, Law and Administration
504Hardcover(1st ed. 2021)
Product Details
ISBN-13: | 9783030682132 |
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Publisher: | Springer International Publishing |
Publication date: | 04/10/2021 |
Series: | Springer Texts in Business and Economics |
Edition description: | 1st ed. 2021 |
Pages: | 504 |
Product dimensions: | 6.10(w) x 9.25(h) x (d) |