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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Main Author: International Monetary Fund
Format: Report
Language:unknown
Subjects:
Iceland
Online Access:http://www.imf.org/external/pubs/cat/longres.aspx?sk=24049
id ftrepec:oai:RePEc:imf:imfscr:10/213
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spelling 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)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
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
format 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
genre Iceland
genre_facet Iceland
op_relation http://www.imf.org/external/pubs/cat/longres.aspx?sk=24049
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