Author: Mr.John Norregaard
Publisher: International Monetary Fund
ISBN: 1451844220
Category : Business & Economics
Languages : en
Pages : 26
Book Description
In their effort to finance fiscal deficits at a reasonable cost, governments compete with other users of financial capital. Governments, however, are in the unique position that they are the only debt suppliers that can determine the taxation of debt instruments they issue. Following an overview of the current tax treatment of government bonds in OECD countries, this paper argues that—on purely economic grounds—there are no reasons for exempting interest on government bonds. Administrative difficulties in capturing interest on many other debt instruments in the tax net may, however, provide a rationale for doing so.
The Tax Treatment of Government Bonds
Author: Mr.John Norregaard
Publisher: International Monetary Fund
ISBN: 1451844220
Category : Business & Economics
Languages : en
Pages : 26
Book Description
In their effort to finance fiscal deficits at a reasonable cost, governments compete with other users of financial capital. Governments, however, are in the unique position that they are the only debt suppliers that can determine the taxation of debt instruments they issue. Following an overview of the current tax treatment of government bonds in OECD countries, this paper argues that—on purely economic grounds—there are no reasons for exempting interest on government bonds. Administrative difficulties in capturing interest on many other debt instruments in the tax net may, however, provide a rationale for doing so.
Publisher: International Monetary Fund
ISBN: 1451844220
Category : Business & Economics
Languages : en
Pages : 26
Book Description
In their effort to finance fiscal deficits at a reasonable cost, governments compete with other users of financial capital. Governments, however, are in the unique position that they are the only debt suppliers that can determine the taxation of debt instruments they issue. Following an overview of the current tax treatment of government bonds in OECD countries, this paper argues that—on purely economic grounds—there are no reasons for exempting interest on government bonds. Administrative difficulties in capturing interest on many other debt instruments in the tax net may, however, provide a rationale for doing so.
Tax Reform Proposals
Author:
Publisher:
ISBN:
Category : Income tax deductions
Languages : en
Pages : 96
Book Description
Publisher:
ISBN:
Category : Income tax deductions
Languages : en
Pages : 96
Book Description
To Clarify the Tax Treatment of Bonds and Other Obligations Issued by the Government of American Samoa
Author: United States. Congress. House. Committee on the Judiciary
Publisher:
ISBN:
Category : Government securities
Languages : en
Pages : 10
Book Description
Publisher:
ISBN:
Category : Government securities
Languages : en
Pages : 10
Book Description
Taxation of Federal, State and Municipal Bonds
Author: John H. Hoffman
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 144
Book Description
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 144
Book Description
Taxation of Government Bondholders and Employees
Author: United States. Department of Justice
Publisher:
ISBN:
Category : Constitutional amendments
Languages : en
Pages : 246
Book Description
Publisher:
ISBN:
Category : Constitutional amendments
Languages : en
Pages : 246
Book Description
The Case for and Against Tax Exemption of U.S. Government Bonds and Federal Farm Loan Bonds
Author: Kingman Nott Robins
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 48
Book Description
Publisher:
ISBN:
Category : Agricultural credit
Languages : en
Pages : 48
Book Description
Summary of Testimony on the Tax Treatment of State and Local Bond Interest
Author: United States. Congress. Joint Committee on Internal Revenue Taxation
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 20
Book Description
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 20
Book Description
The Tax Treatment of Government Bonds
Taxation of Governmental Securities and Salaries
Author: United States. Congress. Senate. Special Committee on Taxation of Governmental Securities and Salaries
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 742
Book Description
Considers legislation to submit state and local bonds and salaries to Federal taxation, and Government securities and salaries to state taxation.
Publisher:
ISBN:
Category : Bonds
Languages : en
Pages : 742
Book Description
Considers legislation to submit state and local bonds and salaries to Federal taxation, and Government securities and salaries to state taxation.