The removal of tax expenditures from Spanish personal income tax: Impact on tax collection and income distribution

Laborda, Julio López; Marín-González, Carmen; Onrubia, Jorge

doi:10.1111/pbaf.12312

Cited by 6 publications

(4 citation statements)

References 29 publications

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“…The tax credit for children and other dependents of the taxpayer is also considered a component of the tax expenditure budget (TPC, 2022). In Italy, the universal tax credit that compensates for the absence of a tax-exempt income threshold not covered by the income tax schedule, is treated as a tax expenditures, as is the tax credit for dependent relatives (Tyson, 2014;López-Laborda, Marín-González & Onrubia, 2022). In Spain, personal and family allowances, including for dependent children, parents, grandparents, and disability, are part of the income tax benchmark (OECD, 2010), while the child tax credit is a component of the tax expenditures (EY, 2022).…”

Section: Resultsmentioning

confidence: 99%

Benchmark and Tax Expenditures on Personal Income Tax in Ukraine

SOKOLOVSKA¹,

Zatonatska

RAINOVA³

2023

Economics

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The spread of the concept of tax expenditures in many countries of the world resulted in the creation of the Global Tax Expenditures Database which included information from Ukraine where regular reporting is conducted on tax benefits which are losses of budget revenues. However, this reporting is incomplete, since it does not include tax expenditures on personal income tax. The introduction of reporting on tax expenditures on this tax puts on the agenda the problem of identifying the elements of its benchmark and tax expenditures. The purpose of this article is to substantiate their main components. The research was carried out using general scientific methods of cognition: critical analysis, combination of normative (conceptual) and positive (legal) approaches, abstract-logical and concrete, comparative analysis. Based on the results of the study, groups of elements that can be attributed to the benchmark of the tax have been identified: incomes provided from sources defined by international treaties of Ukraine; payments that do not increase the taxpayer’s income; incomes whose exemption from taxes ensures the avoidance of double taxation; expenses related to receiving income; incomes that are not included in the taxable amount due to the difficulties of their administration; exclusion from the taxable amount of the revenues that may not qualify as tax expenditures due to small amounts. Tax benefits that can be included in the budget of tax expenditures on the income tax have been identified and classified according to the form of provision and functional orientation. Although only certain provisions of the income tax legislation have been identified, their classification into subgroups may facilitate the determination of the remaining components of the benchmark and tax expenditures.

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Section: Resultsmentioning

confidence: 99%

Benchmark and Tax Expenditures on Personal Income Tax in Ukraine

SOKOLOVSKA¹,

Zatonatska

RAINOVA³

2023

Economics

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“…Baldini (2021) [3] believed that personal income tax in Italy is more redistributive than 40 years ago, with a slight increase in progressiveness. Badenes & Buenaventura Zabala (2017) [2], Darío Serrano Puente (2020) [7] and López Laborda et al (2022) [27] respectively studied the impact of personal income tax reform on income distribution in Spain. Chou and Fu (2022) [6] found that the personal income tax reform of Taiwan in 2016 helped improve fairness in income distribution, but the effect was limited.…”

Section: Literature Reviewmentioning

confidence: 99%

Research on the Effect of Personal Income Tax Adjustment on Income Distribution Based on General Equilibrium

li,

zhang,

Chen

2024

Preprint

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Personal income tax is the most important tax type to regulate the distribution of residents' income in China, but how the redistributive effect of personal income tax is, the existing literature lacks an in-depth analysis based on general equilibrium. To study the impact of personal income tax on resident income distribution, this article constructs a Computable General Equilibrium (CGE) model of taxation and compiles Social Accounting Matrices (SAM) based on the four issues of China’s Input-output Table published in the past decade, and comprehensively measures and vertically compares the effect of personal income tax on resident income distribution from income effect and consumption effect. Research has found that: (1) levying personal income tax has narrowed the income gap among urban, rural, and national residents, indicating a progressive nature of taxation. Chinese Personal income tax taxpayers are mainly concentrated in high-income groups, which is the main reason for the progressive nature of Personal income tax. (2) Across time, the redistributive effect of the personal income tax increased period by period before the 2018 tax reform, and then weakened after the tax change. Finally, this article proposes policy recommendations to improve the personal income tax system and enhance the redistribution effect. The research conclusion provides reference significance for further reforming China’s tax system and improving the income distribution pattern. JEL Codes C68, D31. D63, H23, H25

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“… some countries (Croatia, Malta, Cyprus, Japan, Switzerland, etc.) do not comply with demands of the EU Direc-tive on reporting tax expenditures thus it does not allow comprehensive exchange of tax information (Burman et al, 2017;Kaplow, 2017;López-Laborda et al, 2022).…”

Section: The Advantages and Disadvantages Of The Tax Expenditure Conceptmentioning

confidence: 99%

Untitled

2023

Development management

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Тетяна Валеріївна Шталь − доктор економічних наук, професор, декан факультету міжнародної економіки і підприємства, Харківський національний економічний університет імені Семена Кузнеця, Україна Ірина Миколаївна Чмутова − доктор економічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна кандидат економічних наук, доцент, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, професор, Прикарпатський національний університет ім. В. Стефаника, Україна доктор економічних наук, професор, Харківський національний університет імені В. Н. Каразіна, Україна доктор економічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, професор, Науково-дослідний центр індустріальних проблем розвитку НАН України, Україна доктор економічних наук, доцент, ПВНЗ «Міжнародний Європейський університет», Україна доктор економічних наук, доцент, Черкаський навчально-науковий інститут Університету банківської справи, Україна доктор економічних наук, професор, Одеський національний економічний університет, Україна доктор економічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, професор, Запорізький інститут економіки та інформаційних технологій, Україна доктор технічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, доцент, професор, Харківський національний університет імені В. Н. Каразіна, Україна доктор економічних наук, професор, Харківський національний економічний університет імені Семена Кузнеця, Україна доктор економічних наук, професор, Кременчуцький національний університет імені Михайла Остроградського, Україна доктор філософії, професор, Ярославська державна вища техніко-економічна школа ім. Броніслава Маркевича, Польща доктор економічних наук, професор, Технологічний освітній інститут Західної Македонії, Університет прикладних наук Західної Македонії, Греція доктор економічних наук, професор, Варшавський політехнічний університет, Польща УПРАВЛІННЯ РОЗВИТКОМ Volume 22, No. 1

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The removal of tax expenditures from Spanish personal income tax: Impact on tax collection and income distribution

Cited by 6 publications

References 29 publications

Benchmark and Tax Expenditures on Personal Income Tax in Ukraine

Benchmark and Tax Expenditures on Personal Income Tax in Ukraine

Research on the Effect of Personal Income Tax Adjustment on Income Distribution Based on General Equilibrium

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