Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System
The Icelandic government has launched a review of the tax system, with a view to improving its income redistribution, growth orientation, and efficiency features, as well as increasing its revenue mobilization potential. It aims at minimizing detrimental effects on employment and growth, and at remo...
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ftrepec:oai:RePEc:imf:imfscr:10/213 2024-04-14T08:13:30+00:00 Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System International Monetary Fund http://www.imf.org/external/pubs/cat/longres.aspx?sk=24049 unknown http://www.imf.org/external/pubs/cat/longres.aspx?sk=24049 preprint ftrepec 2024-03-19T10:26:43Z The Icelandic government has launched a review of the tax system, with a view to improving its income redistribution, growth orientation, and efficiency features, as well as increasing its revenue mobilization potential. It aims at minimizing detrimental effects on employment and growth, and at removing inconsistencies with international practices. The tax measures will boost the revenue potential in line with the government’s objectives while substantially increasing income redistribution. The Icelandic Corporate Index Tax would benefit from adopting financial accounting as the basis to determine taxable income. Iceland;interest, taxes, debt, tax system, tax systems Report Iceland RePEc (Research Papers in Economics) |
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RePEc (Research Papers in Economics) |
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ftrepec |
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description |
The Icelandic government has launched a review of the tax system, with a view to improving its income redistribution, growth orientation, and efficiency features, as well as increasing its revenue mobilization potential. It aims at minimizing detrimental effects on employment and growth, and at removing inconsistencies with international practices. The tax measures will boost the revenue potential in line with the government’s objectives while substantially increasing income redistribution. The Icelandic Corporate Index Tax would benefit from adopting financial accounting as the basis to determine taxable income. Iceland;interest, taxes, debt, tax system, tax systems |
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Report |
author |
International Monetary Fund |
spellingShingle |
International Monetary Fund Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System |
author_facet |
International Monetary Fund |
author_sort |
International Monetary Fund |
title |
Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System |
title_short |
Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System |
title_full |
Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System |
title_fullStr |
Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System |
title_full_unstemmed |
Iceland; Improving the Equity and Revenue Productivity of the Icelandic Tax System |
title_sort |
iceland; improving the equity and revenue productivity of the icelandic tax system |
url |
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24049 |
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Iceland |
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Iceland |
op_relation |
http://www.imf.org/external/pubs/cat/longres.aspx?sk=24049 |
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1796311498184720384 |