Taxation of Financial Services Under a Value-Added Tax: Applying the Cash-Flow Approach
AbstractProposes a design innovation for applying a cash-flow VAT to financial services. Suggests a tax suspense account (a variant of the cash-flow system) which would overcome implementation difficulties linked to the inability to identify the appropriate tax base.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by National Tax Association in its journal National Tax Journal.
Volume (Year): 50 (1997)
Issue (Month): 1 (March)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Carroll, Robert & Joulfaian, David & Mackie, James, 2011. "Income Versus Consumption Tax Baselines For Tax Expenditures," National Tax Journal, National Tax Association, vol. 64(2), pages 491-510, June.
- European Commission, 2010. "Tax Policy after the Crisis: Monitoring Tax Revenues and Tax Reforms in EU Member States 2010 Report," Taxation Papers 24, Directorate General Taxation and Customs Union, European Commission.
- Zee, Howell H., 2005.
"A New Approach to Taxing Financial Intermediation Services Under a Value–Added Tax,"
National Tax Journal,
National Tax Association, vol. 58(1), pages 77-92, March.
- Howell H. Zee, 2004. "A New Approach to Taxing Financial Intermediation Services Under a Value Added Tax," IMF Working Papers 04/119, International Monetary Fund.
- Ramon Caminal, 2002. "Taxation of banks: A theoretical framework," UFAE and IAE Working Papers 525.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Lockwood, Ben, 2010.
"How Should Financial Intermediation Services be Taxed?,"
The Warwick Economics Research Paper Series (TWERPS)
948, University of Warwick, Department of Economics.
- Benjamin Lockwood, 2010. "How should Financial Intermediation Services be Taxed?," CESifo Working Paper Series 3226, CESifo Group Munich.
- Ben Lockwood, 2010. "How Should Financial Intermediation Services be Taxed?," Working Papers 1014, Oxford University Centre for Business Taxation.
- Lockwood, Ben, 2010. "How Should Financial Intermediation Services be Taxed?," CEPR Discussion Papers 8122, C.E.P.R. Discussion Papers.
- Alan Auerbach & Michael P Devereux & Helen Simpson, 2007.
"Taxing corporate income,"
0705, Oxford University Centre for Business Taxation.
- Leon Bettendorf & Sijbren Cnossen, 2014. "The Long Arm of the European VAT, Exemplified by the Dutch Experience," CESifo Working Paper Series 4730, CESifo Group Munich.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Charmaine Wright).
If references are entirely missing, you can add them using this form.