Taxation of Financial Intermediation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Taxation of Financial Intermediation write by Patrick Honohan. This book was released on 2003. Taxation of Financial Intermediation available in PDF, EPUB and Kindle. This book examines the options for, and obstacles to, successful financial sector tax reform, both in terms of theoretical and practical aspects. Issues discussed include: the design of optimal tax schemes, the role of imperfect information and the links between taxation and saving, inflation, the income tax treatment of intermediary loan-loss reserves, deposit insurance, VAT and financial transactions taxes; as well as current practice in the industrial world and case studies of distorted national systems. This is a co-publication of the World Bank and Oxford University Press.
Taxation of Financial Intermediation
Taxation of Financial Intermediation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Taxation of Financial Intermediation write by Christophe Chamley. This book was released on 1990. Taxation of Financial Intermediation available in PDF, EPUB and Kindle.
Avoiding the Pitfalls in Taxing Financial Intermediation
Avoiding the Pitfalls in Taxing Financial Intermediation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Avoiding the Pitfalls in Taxing Financial Intermediation write by Patrick Honohan. This book was released on 2003. Avoiding the Pitfalls in Taxing Financial Intermediation available in PDF, EPUB and Kindle.
Taxation and Financial Intermediation
Taxation and Financial Intermediation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Taxation and Financial Intermediation write by Sanjay Banerji. This book was released on 2018. Taxation and Financial Intermediation available in PDF, EPUB and Kindle. In this study, we investigate the impact of taxes on bank loan supply, loan and deposit pricing, and the monitoring effort of banks. Using the exogenous variation of tax imposed on gross profits of Japanese banks operating in Tokyo (known as the Tokyo bank tax), we find that affected banks increase both net interest margins, and net interest and fee margins. Depositors are most affected by adjustments to interest and fee rates at banks following the imposition of the tax. The imposition of the Tokyo bank tax also reduces the credit supply of affected banks relative to non-affected counterparts. Moreover, banks subject to the Tokyo bank tax appear to reduce effort devoted to the monitoring of existing borrowers.
Taxation and the Financial Crisis
Taxation and the Financial Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Taxation and the Financial Crisis write by Julian S. Alworth. This book was released on 2012-02-23. Taxation and the Financial Crisis available in PDF, EPUB and Kindle. This is an open access title available under the terms of a CC BY-NC-ND 3.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. The financial crisis triggered a global debate on the taxation of the financial sector. A number of international policy initiatives, most notably by the G-20, have called for major changes to the tax treatment of financial institutions and transactions, as well as to working practice within the financial sector. This book examines how tax policies contributed to the financial crisis and whether taxation can play a role in the reform efforts to establish a sounder and safer financial system. It looks at the pros and cons of various tax initiatives including limiting the tax advantages to debt financing; special taxes on the financial sector; and financial transactions taxes. It examines policy concerns such as: the manner in which the financial sector should "pay" for its bailout and the role of accumulated tax losses on financial institutions' behaviour; the role that taxes may play in correcting the systemic externalities associated with "too big to fail"; the types of tax that are most appropriate for financial institutions and markets ("excess profits" versus "financial transactions taxes"); the interaction between taxes and the regulation of the financial sector; and the role of taxation in countercyclical and macroeconomic policies.
