The Resource Increasing Simplicity, Neutrality and Sustainability : A Basis for Tax Reform in Iceland, Richard Herd and Thorsteinn Thorgeirsson, (electronic resource)

Increasing Simplicity, Neutrality and Sustainability : A Basis for Tax Reform in Iceland, Richard Herd and Thorsteinn Thorgeirsson, (electronic resource)

Label
Increasing Simplicity, Neutrality and Sustainability : A Basis for Tax Reform in Iceland
Title
Increasing Simplicity, Neutrality and Sustainability
Title remainder
A Basis for Tax Reform in Iceland
Statement of responsibility
Richard Herd and Thorsteinn Thorgeirsson
Creator
Contributor
Subject
Language
eng
Summary
This paper analyses the possibilities for reforming the Icelandic tax system. It puts the current tax structure in its historic context, showing that there has been a steady movement towards simplification. The personal income tax has a lower than average number of bands and, taxes capital income at an unusually low rate. Such a structure favours saving, especially since consumption taxes are particularly high. Nonetheless, there are a number of additional taxes on capital income that serve to raise the overall tax on assets, notably the tax on net wealth. The paper concludes that, if the current budget surplus persists over the medium-term, priority should be given to further reducing corporate taxes and the net wealth tax. At the same time, a number of discriminatory indirect taxes should be replaced by a uniform tax, and the diesel tax reformed. Consideration should also be given to the gradual introduction of a resource tax or to auctioning fishing quotas to help fund the other ..
Member of
Cataloging source
FR-PaOEC
http://library.link/vocab/creatorName
Herd, Richard
Government publication
international or intergovernmental publication
Index
no index present
Literary form
non fiction
Nature of contents
dictionaries
http://library.link/vocab/relatedWorkOrContributorName
Thorgeirsson, Thorsteinn
Series statement
OECD Economics Department Working Papers,
Series volume
no.292
http://library.link/vocab/subjectName
  • Economics
  • Iceland
Label
Increasing Simplicity, Neutrality and Sustainability : A Basis for Tax Reform in Iceland, Richard Herd and Thorsteinn Thorgeirsson, (electronic resource)
Instantiates
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762090807
Dimensions
21 x 30 cm
Extent
1 online resource 44 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/600040410286
Specific material designation
remote
System control number
(OCoLC)762090807
Label
Increasing Simplicity, Neutrality and Sustainability : A Basis for Tax Reform in Iceland, Richard Herd and Thorsteinn Thorgeirsson, (electronic resource)
Publication
Antecedent source
not applicable
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
762090807
Dimensions
21 x 30 cm
Extent
1 online resource 44 pages
File format
one file format
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other control number
10.1787/600040410286
Specific material designation
remote
System control number
(OCoLC)762090807

Library Locations

  • St. Louis Mercantile LibraryBorrow it
    1 University Blvd, St. Louis, MO, 63121, US
    38.710138 -90.311107
  • Thomas Jefferson LibraryBorrow it
    1 University Blvd, St. Louis, MO, 63121, US
    38.710138 -90.311107
  • University ArchivesBorrow it
    703 Lewis Hall, Columbia, MO, 65211, US
  • University of Missouri-St. Louis Libraries DepositoryBorrow it
    2908 Lemone Blvd, Columbia, MO, 65201, US
    38.919360 -92.291620
  • University of Missouri-St. Louis Libraries DepositoryBorrow it
    2908 Lemone Blvd, Columbia, MO, 65201, US
    38.919360 -92.291620
  • Ward E Barnes Education LibraryBorrow it
    8001 Natural Bridge Rd, St. Louis, MO, 63121, US
    38.707079 -90.311355
Processing Feedback ...