Tax Competition versus Personal Income Tax Harmonization and Tax Competitions, Labor Market and Economic Security Contributions. Sellected Issues
Ładowanie...
Data
2022
Inny tytuł
Typ
Artykuł recenzyjny
Autorzy
Redaktor
dc.contributor.advisor
Dyscyplina PBN
Czasopismo lub seria
Biuletyn Stowarzyszenia Absolwentów i Przyjaciół Wydziału Prawa Katolickiego Uniwersytetu Lubelskiego
ISSN
2719-7336
2719-3128
2719-3128
ISBN
DOI
10.32084/bsawp.4770
Strona internetowa
Wydawca
Wydawca
Wydanie
Numer
Strony od-do
Tytuł monografii
item.page.defence
Tytuł tomu
Opis
Rodzaj licencji
Abstrakt (en)
Tax competition is a phenomenon directly related to globalization processes, especially to the growth of international mobility of employees and capital. Lib eralization of labor and capital factors flow and decline of transaction costs ac count for the fact that individuals as well as capital seek attractive jurisdictions for their deposits, not only at home but also abroad. Theoretically, lowering tax rates does not have to result in lower budget revenue, as due to the flow of labor and capital factors, tax base will grow. However, if (theoretically) all EU countries decide to lower personal tax rates, the relative attractiveness of countries for PIT taxpayers (who may be treated as investors) will remain unchanged, while their budget revenues will decline. The tax income decline caused by lowering rates at unchanged tax base accounts for a situation when the country can allocate less money to accomplish their tasks of providing public goods. Mobile production factors (labor and capital) may easily be located in countries with low tax rates, which limits the possibility of increasing their taxation. The essence of tax compe tition often boils down to the belief that small tax burdens are the main factor de termining the development of a given territory and its perception as an attractive place for final tax settlement.