Increasing Simplicity, Neutrality and Sustainability: A Basis for Tax Reform in Iceland
This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital income at...
Gespeichert in:
1. Verfasser: | |
---|---|
Weitere Verfasser: | |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2001
|
Schriftenreihe: | OECD Economics Department Working Papers
|
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital income at an unusually low rate. Such a structure favours saving, especially since consumption taxes are particularly high. Nonetheless, there are a number of additional taxes on capital income that serve to raise the overall tax on assets, notably the tax on net wealth. The paper concludes that, if the current budget surplus persists over the medium-term, priority should be given to further reducing corporate taxes and the net wealth tax. At the same time, a number of discriminatory indirect taxes should be replaced by a uniform tax, and the diesel tax reformed. Consideration should also be given to the gradual introduction of a resource tax or to auctioning fishing quotas to help fund the other ... |
Beschreibung: | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
DOI: | 10.1787/600040410286 |
Internformat
MARC
LEADER | 00000nam a2200000zc 4500 | ||
---|---|---|---|
001 | BV047935590 | ||
003 | DE-604 | ||
007 | cr|uuu---uuuuu | ||
008 | 220413s2001 xx o|||| 00||| eng d | ||
024 | 7 | |a 10.1787/600040410286 |2 doi | |
035 | |a (ZDB-13-SOC)061264784 | ||
035 | |a (OCoLC)1312709121 | ||
035 | |a (DE-599)BVBBV047935590 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
100 | 1 | |a Herd, Richard |e Verfasser |4 aut | |
245 | 1 | 0 | |a Increasing Simplicity, Neutrality and Sustainability |b A Basis for Tax Reform in Iceland |c Richard Herd and Thorsteinn Thorgeirsson |
264 | 1 | |a Paris |b OECD Publishing |c 2001 | |
300 | |a 1 Online-Ressource (43 Seiten) |c 21 x 29.7cm | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a OECD Economics Department Working Papers | |
520 | |a This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital income at an unusually low rate. Such a structure favours saving, especially since consumption taxes are particularly high. Nonetheless, there are a number of additional taxes on capital income that serve to raise the overall tax on assets, notably the tax on net wealth. The paper concludes that, if the current budget surplus persists over the medium-term, priority should be given to further reducing corporate taxes and the net wealth tax. At the same time, a number of discriminatory indirect taxes should be replaced by a uniform tax, and the diesel tax reformed. Consideration should also be given to the gradual introduction of a resource tax or to auctioning fishing quotas to help fund the other ... | ||
650 | 4 | |a Economics | |
650 | 4 | |a Iceland | |
700 | 1 | |a Thorgeirsson, Thorsteinn |4 ctb | |
856 | 4 | 0 | |u https://doi.org/10.1787/600040410286 |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-13-SOC | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033317082 |
Datensatz im Suchindex
_version_ | 1818806083262611456 |
---|---|
adam_text | |
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Herd, Richard |
author2 | Thorgeirsson, Thorsteinn |
author2_role | ctb |
author2_variant | t t tt |
author_facet | Herd, Richard Thorgeirsson, Thorsteinn |
author_role | aut |
author_sort | Herd, Richard |
author_variant | r h rh |
building | Verbundindex |
bvnumber | BV047935590 |
collection | ZDB-13-SOC |
ctrlnum | (ZDB-13-SOC)061264784 (OCoLC)1312709121 (DE-599)BVBBV047935590 |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1787/600040410286 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047935590</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2001 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/600040410286</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061264784</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312709121</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047935590</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Herd, Richard</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Increasing Simplicity, Neutrality and Sustainability</subfield><subfield code="b">A Basis for Tax Reform in Iceland</subfield><subfield code="c">Richard Herd and Thorsteinn Thorgeirsson</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2001</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (43 Seiten)</subfield><subfield code="c">21 x 29.7cm</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="490" ind1="0" ind2=" "><subfield code="a">OECD Economics Department Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital income at an unusually low rate. Such a structure favours saving, especially since consumption taxes are particularly high. Nonetheless, there are a number of additional taxes on capital income that serve to raise the overall tax on assets, notably the tax on net wealth. The paper concludes that, if the current budget surplus persists over the medium-term, priority should be given to further reducing corporate taxes and the net wealth tax. At the same time, a number of discriminatory indirect taxes should be replaced by a uniform tax, and the diesel tax reformed. Consideration should also be given to the gradual introduction of a resource tax or to auctioning fishing quotas to help fund the other ...</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Iceland</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Thorgeirsson, Thorsteinn</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/600040410286</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033317082</subfield></datafield></record></collection> |
id | DE-604.BV047935590 |
illustrated | Not Illustrated |
index_date | 2024-07-03T19:35:04Z |
indexdate | 2024-12-18T19:04:08Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033317082 |
oclc_num | 1312709121 |
open_access_boolean | 1 |
owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
physical | 1 Online-Ressource (43 Seiten) 21 x 29.7cm |
psigel | ZDB-13-SOC |
publishDate | 2001 |
publishDateSearch | 2001 |
publishDateSort | 2001 |
publisher | OECD Publishing |
record_format | marc |
series2 | OECD Economics Department Working Papers |
spelling | Herd, Richard Verfasser aut Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland Richard Herd and Thorsteinn Thorgeirsson Paris OECD Publishing 2001 1 Online-Ressource (43 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital income at an unusually low rate. Such a structure favours saving, especially since consumption taxes are particularly high. Nonetheless, there are a number of additional taxes on capital income that serve to raise the overall tax on assets, notably the tax on net wealth. The paper concludes that, if the current budget surplus persists over the medium-term, priority should be given to further reducing corporate taxes and the net wealth tax. At the same time, a number of discriminatory indirect taxes should be replaced by a uniform tax, and the diesel tax reformed. Consideration should also be given to the gradual introduction of a resource tax or to auctioning fishing quotas to help fund the other ... Economics Iceland Thorgeirsson, Thorsteinn ctb https://doi.org/10.1787/600040410286 Verlag kostenfrei Volltext |
spellingShingle | Herd, Richard Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland Economics Iceland |
title | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland |
title_auth | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland |
title_exact_search | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland |
title_exact_search_txtP | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland |
title_full | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland Richard Herd and Thorsteinn Thorgeirsson |
title_fullStr | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland Richard Herd and Thorsteinn Thorgeirsson |
title_full_unstemmed | Increasing Simplicity, Neutrality and Sustainability A Basis for Tax Reform in Iceland Richard Herd and Thorsteinn Thorgeirsson |
title_short | Increasing Simplicity, Neutrality and Sustainability |
title_sort | increasing simplicity neutrality and sustainability a basis for tax reform in iceland |
title_sub | A Basis for Tax Reform in Iceland |
topic | Economics Iceland |
topic_facet | Economics Iceland |
url | https://doi.org/10.1787/600040410286 |
work_keys_str_mv | AT herdrichard increasingsimplicityneutralityandsustainabilityabasisfortaxreforminiceland AT thorgeirssonthorsteinn increasingsimplicityneutralityandsustainabilityabasisfortaxreforminiceland |