A lump-sum tax is a special way of taxation, based on a fixed amount, rather than on the real circumstance of the taxed entity. In this, the entity cannot... 6 KB (813 words) - 17:35, 1 November 2023 |
a tax-free lump sum as part of their retirement benefits, as compared to 76% in 2008. Prudential was of the view that for many retirees, a lump sum at... 6 KB (584 words) - 09:40, 17 March 2023 |
administration or lower tax evasion rates. Recent studies suggest utilizing modified lump-sum tax as a form of a wealth tax. This is derived from the... 32 KB (3,778 words) - 08:55, 9 May 2024 |
A poll tax, also known as head tax or capitation, is a tax levied as a fixed sum on every liable individual (typically every adult), without reference... 46 KB (5,773 words) - 16:47, 7 May 2024 |
an industry: lump-sum taxes or lump-sum subsidies. Carlton and Loury present four basic arguments in their article. First, Pigouvian taxes work in the... 52 KB (7,327 words) - 21:50, 7 May 2024 |
revenue. Some taxes are thought to be less distorting, such as lump-sum taxes (where individuals cannot change their behaviour to reduce their tax burden) and... 42 KB (5,757 words) - 18:26, 12 February 2024 |
tax is a lump sum tax that is not measured as a percentage of the tax base (income, wealth, or consumption). Fixed taxes like a poll tax or sin tax are... 3 KB (290 words) - 01:35, 25 April 2024 |
occupy. The lump of labor fallacy is also known as the lump of jobs fallacy, fallacy of labour scarcity, fixed pie fallacy, and the zero-sum fallacy—due... 9 KB (1,015 words) - 03:49, 26 February 2024 |
Lottery (redirect from Stupidity tax) paid out as one lump sum, tax-free to the winner. In Liechtenstein, all winnings are tax-free and the winner may opt to receive a lump sum or an annuity... 63 KB (7,015 words) - 12:07, 28 April 2024 |
earnings of a given worker. Because of this feature, firms pay a fixed "lump sum" tax per worker they employ. This provides a modest incentive for firms to... 2 KB (287 words) - 06:12, 13 March 2020 |
Taxation in South Africa (redirect from South Africa's tax regime) part of the tax free lump sum. In addition, the taxpayer may only take a maximum of 1/3 of their retirement annuity fund value as a lump sum upon retirement... 70 KB (9,001 words) - 06:34, 12 April 2024 |
as a customer) Lump-sum tax is a tax that is a set amount, regardless of a person's wealth or an item's value. Pigovian tax is a tax on a good or service... 13 KB (2,017 words) - 04:22, 26 December 2023 |
one takes out their entire pension fund as a lump sum, a part of this amount will be considered taxable earnings, and this will need to be reported to... 7 KB (739 words) - 11:48, 23 January 2024 |
thus an example of a lump-sum tax. As a consequence, the consumption tax rate does not have to be that much higher than income tax rate in order to preserve... 26 KB (3,370 words) - 06:00, 22 December 2023 |
maintenance, and repair. Another example of a tax with few deadweight costs is a lump sum tax such as a poll tax (head tax) which is paid by all adults regardless... 110 KB (14,322 words) - 02:57, 1 May 2024 |
wage-income tax, for instance, is distortionary, whereas a lump-sum tax is not. In a competitive equilibrium, a proportional wage income tax discourages... 6 KB (640 words) - 09:43, 25 December 2022 |
Taxation in Switzerland (redirect from Tax in Switzerland) the income tax, but are subject to separate cantonal taxes. Non-working foreigners resident in Switzerland may choose to pay a lump-sum tax instead of... 38 KB (3,284 words) - 17:08, 6 January 2024 |
may choose to pay a lump-sum tax instead of the normal income tax. The tax, which is generally much lower than the normal income tax, is nominally levied... 20 KB (2,923 words) - 15:54, 4 August 2023 |
they must pay 23% tax on this excess income instead of the basic 15% tax. Own-account workers can apply a so-called lump sum tax, i.e. the amount of... 27 KB (3,256 words) - 09:23, 26 April 2024 |
Taxation in Norway (redirect from Tax in Norway) new personal tax was introduced, the additional tax (ekstraskatten), a lump sum tax of one riksdaler for each person above 12 years. The tax triggered a... 46 KB (4,868 words) - 10:30, 19 January 2024 |
Deadweight loss (section Tax) distortionary tax, such as a tax on bicycles, is the equivalent variation, the maximum amount that a taxpayer would be willing to forgo in a lump sum to avoid... 16 KB (2,327 words) - 17:52, 21 April 2024 |
International tax law distinguishes between an estate tax and an inheritance tax. An inheritance tax is a tax paid by a person who inherits money or property... 57 KB (6,815 words) - 08:00, 27 April 2024 |
Fiscal multiplier (section Income tax multiplier) 29. Refundable lump-sum tax rebates, the policy used in the Economic Stimulus Act of 2008, had the second-largest multiplier for a tax cut, 1.26. According... 27 KB (3,722 words) - 21:43, 21 February 2024 |
Tax was made permanent because Pitt devised a scheme to offer property owners the option to buy out ('redeem') future Land Tax by paying a lump sum.... 28 KB (2,125 words) - 07:40, 9 April 2024 |
always forecastable. The franchise tax has the same characteristics as a static analysed Lump-sum tax. Therefore, the tax doesn't change the allocative decisions... 8 KB (1,099 words) - 21:03, 10 April 2024 |
increased by a fixed per-unit amount such as a transportation cost or a lump-sum tax, consumption will shift toward the higher-grade product. This is because... 4 KB (453 words) - 21:19, 24 January 2024 |
tax rate for category 2 is negative. The lump-sum tax imposed on an individual of category 1 would become larger than that for category 2 if the lump-sum... 16 KB (3,535 words) - 10:16, 27 April 2024 |