The Complexity Of Tax Simplification

Author : Simon James,Adrian Sawyer,Tamer Budak
Publisher : Springer
Page : 273 pages
File Size : 55,9 Mb
Release : 2016-04-29
Category : Business & Economics
ISBN : 9781137478696

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The Complexity of Tax Simplification by Simon James,Adrian Sawyer,Tamer Budak Pdf

Simplicity in taxation has considerable potential advantages. However, attempts to simplify tax systems are only likely to be successful and enduring if they take account of the reasons why taxation is complex. There are strong pressures on tax systems to accommodate a range of important factors, as well as complex and changing national and international environments within which modern tax systems have to operate. This book explores the experiences of simplification in a range of countries and jurisdictions. The authors analyse a range of manifestations of simplification, including tax systems, tax law, taxpayer communications and tax administration. They also review the longer term or more fundamental approaches to simplification, suggesting that in order to strike the optimum balance between simplicity and the aims of a tax system in terms of efficiency and equity, a range of complex environmental factors must all be taken into account. With chapters reflecting on experiences from Australia, China, Canada, Malaysia, New Zealand, Russia, South Africa, Thailand, Turkey, the UK and the US, the authors illustrate differences between jurisdictions and the changing environment in which they operate. This book addresses the crucial balance between simplicity and the other objectives of tax design and reform, and suggests that reformers of the tax system should include simplicity as one of the key evaluators of any design or reform proposal.

Author : Chris Evans,Richard E. Krever,Peter Mellor
Publisher : Unknown
Page : 0 pages
File Size : 44,9 Mb
Release : 2015
Category : Law
ISBN : 9041159762

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Tax Simplification by Chris Evans,Richard E. Krever,Peter Mellor Pdf

Why are tax systems so complex? What are the causes of tax law complexity? What are the consequences? Why is tax simplification so difficult to achieve? These, and related questions, lie at the core of this volume on tax simplification featuring chapters by leading tax experts around the world. The quest for simplicity è^' or at least some move towards simplification è^' has been a fixation of governments and others for many years, but little appears to have been achieved. Tax simplification is the most widely quoted but the least widely observed of the usually stated goals of policy (equity and efficiency being the others). It has been used (and abused) as a primary justification for tax reform over the last century, and typically it is seen as è^-a good thingè^-- è^' to say that one is in favour of tax simplification is tantamount to stating that one is in favour of good as opposed to evil.

Author : Simon James,Adrian Sawyer,Tamer Budak
Publisher : Palgrave Macmillan
Page : 273 pages
File Size : 47,5 Mb
Release : 2014-01-14
Category : Science
ISBN : 1349574651

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The Complexity of Tax Simplification by Simon James,Adrian Sawyer,Tamer Budak Pdf

This book explores the experiences of simplification in a range of countries and jurisdictions.

Author : Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack
Publisher : Pretoria University Law Press
Page : 371 pages
File Size : 45,7 Mb
Release : 2019-01-01
Category : Law
ISBN : 9781920538965

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Tax simplification - An African Perspective Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack 2019 by Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack Pdf

Tax simplification - An African Perspective Edited by Chris Evans, Riël Franzsen, Elizabeth (Lilla) Stack 2019 ISBN: 978-1-920538-96-5 Pages: 347 Print version: Available Electronic version: Free PDF available About the publication Why are tax systems so complex and what are the causes and consequences of such complexity? The simplification of tax systems is one of the most important issues faced today in worldwide efforts to modernise and strengthen government finance and revenue raising capacities. Nowhere is it more important than throughout the rapidly emerging economies of the dynamic African region. This volume brings together contributions in this field from a conference held in South Africa in October 2018 and provides a unique synthesis of knowledge and understanding gained from the specialist expertise and diverse backgrounds brought to the tax simplification debate by those authors. Featured topics include: Taxpayers’ rights to simplicity The African experience of tax simplification Simplification trends among small and medium sized entities Pension tax simplification Sources of complexity in value added taxation Simplification of recurrent property taxes Complexity and approaches to international taxation Complexity and taxation of multinational enterprises Lessons from overseas. The analysis of these topics includes timely and relevant perspectives from the experience in other jurisdictions including Australia, Canada, New Zealand, the United Kingdom and the United States. The volume will be an essential reference for researchers and others interested in the field from academia, government, legal and accounting practice and public policy organisations in African and other countries worldwide.Table of Contents Preface Foreword – Tax Simplification in the United Kingdom: Some Personal Reflections John Whiting Contributors Introduction Elizabeth (Lilla) Stack, Chris Evans and Riël Franzsen Tax Complexity and Tax Simplification: A Critical Review of Concepts and Issues Binh Tran-Nam, Annet Wanyana Oguttu and Kyle Mandy The Taxpayers’ Right to Tax Simplicity in South Africa and the United States Carika Fritz and Nina E Olson The Role of the Office of Tax Simplification in the United Kingdom and Lessons for Other Countries Yige Zu and Lynne Oats An Analysis of the Tax Simplification Initiatives for Pension Provision in the United Kingdom and South Africa Bernadene de Clercq, Andy Lymer and Chris Axelson Simplification Lessons from New Zealand Adrian Sawyer, Marina Bornman and Greg Smith Legal Uncertainty in the South African VAT Marius van Oordt and Richard Krever Simplifying Recurrent Property Taxes in Africa Riël Franzsen, Abdallah Ali-Nakyea and Adams Tommy Statutory and Effective Complexity for Individual Taxpayers in South Africa Sharon Smulders, Karen Stark and Deborah Tickle Small and Micro Businesses: Case Studies on the Complexity of ‘Simplified’ Schemes Heinrich Dixon, Judith Freedman and Wollela Abehodie Yesegat Tax Complexity for Multinational Corporations in South Africa – Evidence from a Global Survey Thomas Hoppe, Reyhaneh Safaei, Amanda Singleton and Caren Sureth-Sloane International Tax Simplification in South Africa through Managing Substantive Complexity and Improving Drafting Efficiency Jinyan Li and Teresa Pidduck Bibliography Index

Author : United States. Congress. Joint Committee on Taxation,United States. Congress. House. Committee on Ways and Means
Publisher : Unknown
Page : 136 pages
File Size : 53,5 Mb
Release : 1977
Category : Income tax
ISBN : PURD:32754078069378

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Issues in Simplification of the Income Tax Laws by United States. Congress. Joint Committee on Taxation,United States. Congress. House. Committee on Ways and Means Pdf

Author : United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation
Publisher : Unknown
Page : 648 pages
File Size : 49,5 Mb
Release : 1992
Category : Business & Economics
ISBN : STANFORD:36105045288854

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Tax Simplification Bills by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation Pdf

Author : United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Finance, and Exports
Publisher : Unknown
Page : 204 pages
File Size : 44,5 Mb
Release : 2001
Category : Business & Economics
ISBN : PSU:000047043633

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The Impact of the Complexity of the Tax Code on Small Business by United States. Congress. House. Committee on Small Business. Subcommittee on Tax, Finance, and Exports Pdf

Author : United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight
Publisher : Unknown
Page : 120 pages
File Size : 46,9 Mb
Release : 2001
Category : Business & Economics
ISBN : STANFORD:36105062846105

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Impact of Complexity in the Tax Code on Individual Taxpayers and Small Businesses by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight Pdf

Author : Ms.Katherine Baer,Mr.Carlos Silvani
Publisher : International Monetary Fund
Page : 37 pages
File Size : 53,7 Mb
Release : 1997-03-01
Category : Business & Economics
ISBN : 9781451980394

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Designing a Tax Administration Reform Strategy by Ms.Katherine Baer,Mr.Carlos Silvani Pdf

Building on previous FAD work in the tax administration field, this paper defines broad criteria for diagnosing the problems in a country’s tax administration and formulating an appropriate reform strategy. To be effective, this strategy should be based on the size of the tax gap and the country’s particular circumstances. This paper discusses some guiding principles which have provided the basis for successful reforms, including: reducing the tax system’s complexity, encouraging taxpayers’ voluntary compliance, differentiating the treatment of taxpayers by their revenue potential, and ensuring the reform’s effective management. Also discussed are specific bottlenecks that hinder the effectiveness of the tax administration’s operations.

Author : Henry Aaron,Joel Slemrod
Publisher : Rowman & Littlefield
Page : 420 pages
File Size : 43,6 Mb
Release : 2004-05-20
Category : Political Science
ISBN : 0815796560

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The Crisis in Tax Administration by Henry Aaron,Joel Slemrod Pdf

People pay taxes for two reasons. On the positive side, most people recognize, even if grudgingly, that payment of tax is a duty of citizenship. On the negative side, they know that the law requires payment, that evasion is a crime, and that willful failure to pay taxes is punishable by fines or imprisonment. The practical questions for tax administration are how to strengthen each of these motives to comply with the law. How much should be spent on enforcement and how should enforcement be organized to promote these objectives and achieve the best results per dollar spent? Over the last few years, the U.S. Congress has restricted spending on tax administration, forcing the Internal Revenue Service to curtail enforcement activities, at the same time, that the number of individual filers has increased, tax rules have become more complex, and more business have become multinational operations. But if too many cases of tax evasion go undetected and unpunished, those who may have grudgingly paid their taxes may soon find it easier to join the scofflaws. These events in combination have created a genuine crisis in tax administration. The chapters in this volume evaluate the capacity of authorities to enforce the tax laws in a modern, global economy and examine the implications of failing to do so. Specific aspects of tax law, including tax shelters, issues relating to small businesses, tax software, role of tax preparers, and the objectives of tax simplification are examined in detail. The volume also builds a conceptual basis for future scholarship, with regard not only to tax administration, but also to such fundamental questions as whether taxpayers respond mostly to economic incentives or are influenced by their experiences with the filing process and what is the proper framework for evaluating the allocation of resources within the IRS.

Author : T. R. Reid
Publisher : Penguin
Page : 288 pages
File Size : 44,8 Mb
Release : 2017-04-04
Category : Business & Economics
ISBN : 9780735223967

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A Fine Mess by T. R. Reid Pdf

New York Times bestelling author T. R. Reid travels around the world to solve the urgent problem of America's failing tax code, unravelling a complex topic in plain English - and telling a rollicking story along the way. The U.S. tax code is a total write-off. Crammed with loopholes and special interest provisions, it works for no one except tax lawyers, accountants, and huge corporations. Not for the first time, we have reached a breaking point. That happened in 1922, and again in 1954, and again in 1986. In other words, every thirty-two years. Which means that the next complete overhaul is due in 2018. But what should be in this new tax code? Can we make the U.S. tax system simpler, fairer, and more efficient? Yes, yes, and yes. Can we cut tax rates and still bring in more revenue? Yes. Other rich countries, from Estonia to New Zealand to the UK—advanced, high-tech, free-market democracies—have all devised tax regimes that are equitable, effective, and easy on the taxpayer. But the United States has languished. So byzantine are the current statutes that, by our government’s own estimates, Americans spend six billion hours and $10 billion every year preparing and filing their taxes. In the Netherlands that task takes a mere fifteen minutes! Successful American companies like Apple, Caterpillar, and Google effectively pay no tax at all in some instances because of loopholes that allow them to move profits offshore. Indeed, the dysfunctional tax system has become a major cause of economic inequality. In A Fine Mess, T. R. Reid crisscrosses the globe in search of the exact solutions to these urgent problems. With an uncanny knack for making a complex subject not just accessible but gripping, he investigates what makes good taxation (no, that’s not an oxymoron) and brings that knowledge home where it is needed most. Never talking down or reflexively siding with either wing of politics, T. R. Reid presses the case for sensible root-and-branch reforms with a companionable ebullience. This affects everyone. Doing our taxes will never be America's favorite pastime, but it can and should be so much easier and fairer.

Author : Chris Evans,Riël Franzsen,Elizabeth (Lilla) Stack
Publisher : Unknown
Page : 128 pages
File Size : 43,9 Mb
Release : 2019
Category : Electronic
ISBN : OCLC:1198986641

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Tax Simplification by Chris Evans,Riël Franzsen,Elizabeth (Lilla) Stack Pdf

Why are tax systems so complex and what are the causes and consequences of such complexity? The simplification of tax systems is one of the most important issues faced today in worldwide efforts to modernise and strengthen government finance and revenue raising capacities. Nowhere is it more important than throughout the rapidly emerging economies of the dynamic African region."

Author : Parthasarathi Shome
Publisher : Springer Nature
Page : 507 pages
File Size : 53,9 Mb
Release : 2021-04-09
Category : Business & Economics
ISBN : 9783030682149

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Taxation History, Theory, Law and Administration by Parthasarathi Shome Pdf

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.

Author : OECD
Publisher : OECD Publishing
Page : 147 pages
File Size : 52,8 Mb
Release : 2009-10-12
Category : Electronic
ISBN : 9789264024748

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OECD Tax Policy Studies Taxation of SMEs Key Issues and Policy Considerations by OECD Pdf

This publication examines the taxation of SMEs in OECD countries and covers a broad range of SME taxation issues, including possible effects of taxation on the creation and growth of SMEs, and considerations arising from a relatively high compliance burden.

Author : Max Sawicky
Publisher : Unknown
Page : 160 pages
File Size : 47,9 Mb
Release : 2005
Category : Business & Economics
ISBN : STANFORD:36105114459980

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Bridging the Tax Gap by Max Sawicky Pdf

Offering thorough understanding of the crisis facing federal tax administration and suggesting practical approach to solving issues that have arisen.