Balancing the regulation and taxation of banking:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Cheltenham
Edward Elgar Pub. Ltd
2015
|
| Schlagworte: | |
| Online-Zugang: | DE-12 DE-634 DE-1043 DE-1046 DE-573 DE-M347 DE-898 DE-859 DE-860 DE-861 DE-863 DE-862 DE-Re13 DE-91 DE-384 DE-473 DE-19 DE-355 DE-703 DE-20 DE-706 DE-824 DE-29 DE-739 Volltext |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | 1 Online-Ressource (vii, 157 Seiten) |
| ISBN: | 9781785360275 |
| DOI: | 10.4337/9781785360275 |
Internformat
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV047924214 | ||
| 003 | DE-604 | ||
| 005 | 20240220 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220411s2015 |||| o||u| ||||||eng d | ||
| 020 | |a 9781785360275 |9 978-1-78536-027-5 | ||
| 024 | 7 | |a 10.4337/9781785360275 |2 doi | |
| 035 | |a (ZDB-1-EWE)NLM010905901 | ||
| 035 | |a (OCoLC)1312704193 | ||
| 035 | |a (DE-599)BVBBV047924214 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-634 |a DE-1043 |a DE-1046 |a DE-573 |a DE-M347 |a DE-898 |a DE-859 |a DE-860 |a DE-861 |a DE-863 |a DE-862 |a DE-Re13 |a DE-91 |a DE-384 |a DE-473 |a DE-19 |a DE-355 |a DE-703 |a DE-20 |a DE-706 |a DE-824 |a DE-29 |a DE-739 | ||
| 084 | |a QK 950 |0 (DE-625)141688: |2 rvk | ||
| 100 | 1 | |a Chaudhry, Sajid M. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Balancing the regulation and taxation of banking |c Sajid M. Chaudhry, Andrew W. Mullineux and Natasha Agarwal |
| 264 | 1 | |a Cheltenham |b Edward Elgar Pub. Ltd |c 2015 | |
| 300 | |a 1 Online-Ressource (vii, 157 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 500 | |a Includes bibliographical references and index | ||
| 505 | 8 | |a 1. Introduction -- 2. Regulation and taxation -- 3. Some Lessons from the Global, or Great, Financial Crisis -- 4. Fiscal costs of the Global Financial Crisis -- 5. An overview of existing taxation -- 6. Taxation of financial instruments -- 7. Conclusion and policy recommendations | |
| 505 | 8 | |a This concise book gives a unique overview of bank taxation as an alternative or a compliment to prudential regulation or non-revenue taxation. Existing bank taxation is reviewed with a view to eliminating distortions in the tax system, which have incentivized banks to engage in risky activities in the past. The authors analyse the taxation of financial instruments trading, as well as the taxation of banking products and services to gauge whether this could finance resolution mechanisms and also help to ensure the stability of banks. In this respect, the authors put forward several arguments. Firstly, they contend that a financial transaction tax is economically inefficient, potentially costly for the economy, but if set at an appropriately low rate may be used to assure banks make a 'true and fair contribution' to their implicit insurance by taxpayers. Secondly, they show that a bank levy used to finance deposit guarantee and bank resolution mechanisms is potentially useful for financial stability, but that it poses the threat of double taxation, together with the proposed Basel III liquidity ratios. Thirdly, the authors argue in favour of the elimination of exemption from value added tax (VAT) for financial services in order to provide banks with a level playing field, whilst retaining exemption for basic payment services that are infrastructural. This is expected to improve efficiency by reducing the wasteful use of financial services. This book is an invaluable resource to students, academics and researchers in the fields of banking regulation and taxation. Policymakers and those with a wider interest in the issues will find it both topical and enlightening | |
| 650 | 4 | |a Banks and banking |x Taxation |a Banks and banking |x Taxation |x Law and legislation | |
| 650 | 0 | 7 | |a Regulierung |0 (DE-588)4201190-5 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Bankenaufsicht |0 (DE-588)4004450-6 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Steuerrecht |0 (DE-588)4116614-0 |2 gnd |9 rswk-swf |
| 689 | 0 | 0 | |a Bankenaufsicht |0 (DE-588)4004450-6 |D s |
| 689 | 0 | 1 | |a Regulierung |0 (DE-588)4201190-5 |D s |
| 689 | 0 | 2 | |a Steuerrecht |0 (DE-588)4116614-0 |D s |
| 689 | 0 | |5 DE-604 | |
| 700 | 1 | |a Mullineux, Andrew W. |4 oth | |
| 700 | 1 | |a Agarwal, Natasha |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druckausgabe |z 9781785360268 |
| 856 | 4 | 0 | |u https://doi.org/10.4337/9781785360275 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-EWE | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033305802 | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-12 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-634 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-1043 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-1046 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-573 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-M347 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-898 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-859 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-860 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-861 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-863 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-862 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-Re13 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-91 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-384 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-473 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-19 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-355 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-703 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-20 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-706 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-824 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-29 |p ZDB-1-EWE |x Verlag |3 Volltext | |
| 966 | e | |u https://doi.org/10.4337/9781785360275 |l DE-739 |p ZDB-1-EWE |x Verlag |3 Volltext | |
Datensatz im Suchindex
| DE-BY-FWS_katkey | 987811 |
|---|---|
| _version_ | 1806528958444863488 |
| adam_text | |
| adam_txt | |
| any_adam_object | |
| any_adam_object_boolean | |
| author | Chaudhry, Sajid M. |
| author_facet | Chaudhry, Sajid M. |
| author_role | aut |
| author_sort | Chaudhry, Sajid M. |
| author_variant | s m c sm smc |
| building | Verbundindex |
| bvnumber | BV047924214 |
| classification_rvk | QK 950 |
| collection | ZDB-1-EWE |
| contents | 1. Introduction -- 2. Regulation and taxation -- 3. Some Lessons from the Global, or Great, Financial Crisis -- 4. Fiscal costs of the Global Financial Crisis -- 5. An overview of existing taxation -- 6. Taxation of financial instruments -- 7. Conclusion and policy recommendations This concise book gives a unique overview of bank taxation as an alternative or a compliment to prudential regulation or non-revenue taxation. Existing bank taxation is reviewed with a view to eliminating distortions in the tax system, which have incentivized banks to engage in risky activities in the past. The authors analyse the taxation of financial instruments trading, as well as the taxation of banking products and services to gauge whether this could finance resolution mechanisms and also help to ensure the stability of banks. In this respect, the authors put forward several arguments. Firstly, they contend that a financial transaction tax is economically inefficient, potentially costly for the economy, but if set at an appropriately low rate may be used to assure banks make a 'true and fair contribution' to their implicit insurance by taxpayers. Secondly, they show that a bank levy used to finance deposit guarantee and bank resolution mechanisms is potentially useful for financial stability, but that it poses the threat of double taxation, together with the proposed Basel III liquidity ratios. Thirdly, the authors argue in favour of the elimination of exemption from value added tax (VAT) for financial services in order to provide banks with a level playing field, whilst retaining exemption for basic payment services that are infrastructural. This is expected to improve efficiency by reducing the wasteful use of financial services. This book is an invaluable resource to students, academics and researchers in the fields of banking regulation and taxation. Policymakers and those with a wider interest in the issues will find it both topical and enlightening |
| ctrlnum | (ZDB-1-EWE)NLM010905901 (OCoLC)1312704193 (DE-599)BVBBV047924214 |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| doi_str_mv | 10.4337/9781785360275 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nmm a2200000zc 4500</leader><controlfield tag="001">BV047924214</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20240220</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220411s2015 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781785360275</subfield><subfield code="9">978-1-78536-027-5</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.4337/9781785360275</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-EWE)NLM010905901</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312704193</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047924214</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-634</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 950</subfield><subfield code="0">(DE-625)141688:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Chaudhry, Sajid M.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Balancing the regulation and taxation of banking</subfield><subfield code="c">Sajid M. Chaudhry, Andrew W. Mullineux and Natasha Agarwal</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Cheltenham</subfield><subfield code="b">Edward Elgar Pub. Ltd</subfield><subfield code="c">2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (vii, 157 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references and index</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">1. Introduction -- 2. Regulation and taxation -- 3. Some Lessons from the Global, or Great, Financial Crisis -- 4. Fiscal costs of the Global Financial Crisis -- 5. An overview of existing taxation -- 6. Taxation of financial instruments -- 7. Conclusion and policy recommendations</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">This concise book gives a unique overview of bank taxation as an alternative or a compliment to prudential regulation or non-revenue taxation. Existing bank taxation is reviewed with a view to eliminating distortions in the tax system, which have incentivized banks to engage in risky activities in the past. The authors analyse the taxation of financial instruments trading, as well as the taxation of banking products and services to gauge whether this could finance resolution mechanisms and also help to ensure the stability of banks. In this respect, the authors put forward several arguments. Firstly, they contend that a financial transaction tax is economically inefficient, potentially costly for the economy, but if set at an appropriately low rate may be used to assure banks make a 'true and fair contribution' to their implicit insurance by taxpayers. Secondly, they show that a bank levy used to finance deposit guarantee and bank resolution mechanisms is potentially useful for financial stability, but that it poses the threat of double taxation, together with the proposed Basel III liquidity ratios. Thirdly, the authors argue in favour of the elimination of exemption from value added tax (VAT) for financial services in order to provide banks with a level playing field, whilst retaining exemption for basic payment services that are infrastructural. This is expected to improve efficiency by reducing the wasteful use of financial services. This book is an invaluable resource to students, academics and researchers in the fields of banking regulation and taxation. Policymakers and those with a wider interest in the issues will find it both topical and enlightening</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Banks and banking</subfield><subfield code="x">Taxation</subfield><subfield code="a">Banks and banking</subfield><subfield code="x">Taxation</subfield><subfield code="x">Law and legislation</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Regulierung</subfield><subfield code="0">(DE-588)4201190-5</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Bankenaufsicht</subfield><subfield code="0">(DE-588)4004450-6</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Steuerrecht</subfield><subfield code="0">(DE-588)4116614-0</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Bankenaufsicht</subfield><subfield code="0">(DE-588)4004450-6</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Regulierung</subfield><subfield code="0">(DE-588)4201190-5</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Steuerrecht</subfield><subfield code="0">(DE-588)4116614-0</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Mullineux, Andrew W.</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Agarwal, Natasha</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druckausgabe</subfield><subfield code="z">9781785360268</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-EWE</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033305802</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-12</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-634</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-1043</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-1046</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-573</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-M347</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-898</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-859</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-860</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-861</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-863</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-862</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-Re13</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-91</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-384</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-473</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-19</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-355</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-703</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-20</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-706</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-824</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-29</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.4337/9781785360275</subfield><subfield code="l">DE-739</subfield><subfield code="p">ZDB-1-EWE</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
| id | DE-604.BV047924214 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:33:55Z |
| indexdate | 2024-08-05T08:44:29Z |
| institution | BVB |
| isbn | 9781785360275 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033305802 |
| oclc_num | 1312704193 |
| open_access_boolean | |
| owner | DE-12 DE-634 DE-1043 DE-1046 DE-573 DE-M347 DE-898 DE-BY-UBR DE-859 DE-860 DE-861 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-Re13 DE-BY-UBR DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-20 DE-706 DE-824 DE-29 DE-739 |
| owner_facet | DE-12 DE-634 DE-1043 DE-1046 DE-573 DE-M347 DE-898 DE-BY-UBR DE-859 DE-860 DE-861 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-Re13 DE-BY-UBR DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-20 DE-706 DE-824 DE-29 DE-739 |
| physical | 1 Online-Ressource (vii, 157 Seiten) |
| psigel | ZDB-1-EWE |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | Edward Elgar Pub. Ltd |
| record_format | marc |
| spellingShingle | Chaudhry, Sajid M. Balancing the regulation and taxation of banking 1. Introduction -- 2. Regulation and taxation -- 3. Some Lessons from the Global, or Great, Financial Crisis -- 4. Fiscal costs of the Global Financial Crisis -- 5. An overview of existing taxation -- 6. Taxation of financial instruments -- 7. Conclusion and policy recommendations This concise book gives a unique overview of bank taxation as an alternative or a compliment to prudential regulation or non-revenue taxation. Existing bank taxation is reviewed with a view to eliminating distortions in the tax system, which have incentivized banks to engage in risky activities in the past. The authors analyse the taxation of financial instruments trading, as well as the taxation of banking products and services to gauge whether this could finance resolution mechanisms and also help to ensure the stability of banks. In this respect, the authors put forward several arguments. Firstly, they contend that a financial transaction tax is economically inefficient, potentially costly for the economy, but if set at an appropriately low rate may be used to assure banks make a 'true and fair contribution' to their implicit insurance by taxpayers. Secondly, they show that a bank levy used to finance deposit guarantee and bank resolution mechanisms is potentially useful for financial stability, but that it poses the threat of double taxation, together with the proposed Basel III liquidity ratios. Thirdly, the authors argue in favour of the elimination of exemption from value added tax (VAT) for financial services in order to provide banks with a level playing field, whilst retaining exemption for basic payment services that are infrastructural. This is expected to improve efficiency by reducing the wasteful use of financial services. This book is an invaluable resource to students, academics and researchers in the fields of banking regulation and taxation. Policymakers and those with a wider interest in the issues will find it both topical and enlightening Banks and banking Taxation Banks and banking Taxation Law and legislation Regulierung (DE-588)4201190-5 gnd Bankenaufsicht (DE-588)4004450-6 gnd Steuerrecht (DE-588)4116614-0 gnd |
| subject_GND | (DE-588)4201190-5 (DE-588)4004450-6 (DE-588)4116614-0 |
| title | Balancing the regulation and taxation of banking |
| title_auth | Balancing the regulation and taxation of banking |
| title_exact_search | Balancing the regulation and taxation of banking |
| title_exact_search_txtP | Balancing the regulation and taxation of banking |
| title_full | Balancing the regulation and taxation of banking Sajid M. Chaudhry, Andrew W. Mullineux and Natasha Agarwal |
| title_fullStr | Balancing the regulation and taxation of banking Sajid M. Chaudhry, Andrew W. Mullineux and Natasha Agarwal |
| title_full_unstemmed | Balancing the regulation and taxation of banking Sajid M. Chaudhry, Andrew W. Mullineux and Natasha Agarwal |
| title_short | Balancing the regulation and taxation of banking |
| title_sort | balancing the regulation and taxation of banking |
| topic | Banks and banking Taxation Banks and banking Taxation Law and legislation Regulierung (DE-588)4201190-5 gnd Bankenaufsicht (DE-588)4004450-6 gnd Steuerrecht (DE-588)4116614-0 gnd |
| topic_facet | Banks and banking Taxation Banks and banking Taxation Law and legislation Regulierung Bankenaufsicht Steuerrecht |
| url | https://doi.org/10.4337/9781785360275 |
| work_keys_str_mv | AT chaudhrysajidm balancingtheregulationandtaxationofbanking AT mullineuxandreww balancingtheregulationandtaxationofbanking AT agarwalnatasha balancingtheregulationandtaxationofbanking |