Personal Income Harmonization Process
Ładowanie...
Data
2021
Inny tytuł
Typ
Artykuł recenzyjny
Redaktor
dc.contributor.advisor
Dyscyplina PBN
Ekonomia i finanse
Czasopismo lub seria
EUROPEAN RESEARCH STUDIES JOURNAL
ISSN
1108-2976
ISBN
DOI
10.35808/ersj/2286
Strona internetowa
Wydawca
Wydawca
Wydanie
Numer
Strony od-do
Tytuł monografii
item.page.defence
Tytuł tomu
Opis
Rodzaj licencji
Abstrakt (en)
Purpose: The aim of the research is to determine whether harmonization of personal income
taxation in the European Union countries is possible and desirable.
Design/Methodology/Approach: The paper objective requires a comparative analysis of
personal income taxation systems in the European Union countries, taking into account the
specificity, common features and differences in income tax constructions in the surveyed
countries as well as the areas, possibilities and potential directions for harmonizing this
form of taxation. The main research method was induction. Moreover, the paper uses two
general research methods, namely analytic and synthetic methods, characterized by detailed
presentation of the reality research.
Findings: The first is to determine whether harmonization of personal income taxation in the
European Union countries is possible and desirable and the second is to find out the main
reference points for transformation of an individual’s taxation system in European Union
Countries. The assessment of the possibility and desirability of harmonizing this form of
taxation has been limited (range of research) to personal income of individuals who do not
conduct any form of business activity and it reflects the short and long-term run.
Practical Implications: The specificities and different models of taxation of personal income
in the EU and the different systems of integration of taxation with pension contributions
make it impossible to standardise and harmonise this form of taxation. From a legal point of
view harmonization is possible, but from an economic point of view it is not advisable. In
addition, different wage levels, the way the minimum subsistence level is calculated and
different tax allowance and exemption systems do not allow for effective harmonization of
personal income tax.
Originality/Value: The results reflect that despite the lack of Directives to regulate the rules
of taxing personal income, the rules are emerging spontaneously and tax burdens are slowly
equalizing. This process is the result of competition between EU member state tax systems—
nations extensively are utilizing the construction of the personal income tax to utilize the
stimulating functions of the tax system, which in turn impacts the possibilities open to
spontaneous PIT harmonization.