Taxation History, Theory, Law and Administration
By:Parthasarathi Shome
Published on 2022-04-10 by Springer
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 constitutional specification 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.
This Book was ranked at 91 by Google Books for keyword International Taxes.
Book ID of Taxation History, Theory, Law and Administration's Books is 37r3zgEACAAJ, Book which was written by "Parthasarathi Shome" have ETAG "oRFz9imOzqw"
Book which was published by Springer since 2022-04-10 have ISBNs, ISBN 13 Code is 9783030682163 and ISBN 10 Code is 3030682161
Reading Mode in Text Status is and Reading Mode in Image Status is
Book which have "504 Pages" is Printed at BOOK under Category Business & Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is not Available and in ePub is not Available
Book Preview
