Tag Archives | Taxation

3 Major Economic Effects of Taxation | Public Revenue

Dalton discusses the economic effect of taxation under the following three heads: 1. Effect of Taxation on Production, 2. Effect of Taxation on Distribution 3. Other Effects. 1. Effect of Taxation on Production: According to Dalton effect of taxation on production can be in the following three ways: (a) Effect on ability to work, save and invest. (b) Effect upon [...]

By |2016-07-12T14:18:13+00:00July 12, 2016|Taxation|Comments Off on 3 Major Economic Effects of Taxation | Public Revenue

Shifting and Incidences of Tax

 The Meaning of Impact, Incidence and Shifting: When a tax is levied, its first impact will be felt by the person, who actually makes the tax payment. He may be an income-receiver, property owner or a buyer or seller of goods arid services. He may bear the tax himself. In some instances, he may be able to shift the burden [...]

By |2016-07-12T14:18:13+00:00July 12, 2016|Taxation|Comments Off on Shifting and Incidences of Tax

Remedies against Treaty Overrides

Treaty violations could be either the result of a treaty breach or a fundamental change of circumstances. A treaty breach could arise when the State legislates in breach of a treaty provision, and applies its law to actual tax situations. Such legislation will be treated as an override only if the treaty partner disapproves of it unequivocally. It then violates [...]

By |2016-06-22T16:01:11+00:00June 22, 2016|International Taxation|Comments Off on Remedies against Treaty Overrides
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