Insufficient Taxes and High Subsidies in Financial Services

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F12%3A%230000508" target="_blank" >RIV/26138077:_____/12:#0000508 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Insufficient Taxes and High Subsidies in Financial Services
Original language description
Insufficient Taxes and High Subsidies in Financial Services The theory and policy of taxation and subsidisation of financial services and the financial sect or have been significantly changing in recent years, due primarily to the financial crisis, whicharose in that sector. The overall high profits in this sector attract politicians? interest and civil society activities. Theory requires the coordination of the financial sector taxation with the regulation of that sector, and analyses the effectiveness of introducing the bank taxes, financial transaction taxes and financial activities taxes. This newly opens up the issue of value added tax and the existing exemption of financial services from that tax. Markets are distorted by government subsidies for pension products, for interests on mortgage and other loans, as well as for housing savings schemes. Particularly strong distortions of this sort exist in the Czech Republic. Strong fiscal pressures are driving the financial sector refo
Czech name
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Czech description
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Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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