Avoiding the Pitfalls in Taxing Financial Intermediation

Avoiding the Pitfalls in Taxing Financial Intermediation

Enthusiasts for financial sector tax reform typically come either with some form of "flat tax" (including value added tax on financial services, zero taxation on capital income, or a universal transactions tax) or advocating corrective ta...

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Bibliographic Details
Main Author:	Honohan, Patrick
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ACCOUNTING ADMINISTRATIVE COSTS ARBITRAGE ASYMMETRIC INFORMATION BALANCE SHEET BANK ACCOUNTS BANK RISK BANKING CRISES BANKS BENCHMARK BORROWING CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL GAINS CAPITAL TAXES CAPITALIZATION CENTRAL BANK CENTRAL BANKS CLOSED ECONOMIES COLLECTION CONTAGION CORPORATE INCOME TAX DEBT DEFICITS DEPOSIT INSURANCE DEPOSIT INSURANCE SCHEMES DEPOSITS DISINTERMEDIATION DIVIDENDS ECONOMETRIC ESTIMATES ECONOMIC ANALYSIS ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC RENT ECONOMISTS ELASTICITIES EQUITY CAPITAL EXPECTED RETURN FACTORING FINANCIAL ENGINEERING FINANCIAL INNOVATION FINANCIAL INTERMEDIARIES FINANCIAL INTERMEDIATION FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL TRANSACTIONS FORECASTS FOREIGN EXCHANGE GDP GOVERNMENT BONDS GOVERNMENT SECURITIES GROSS REVENUE HOUSING INCOME GROUPS INCOME TAXES INDEXATION INFLATION INHERITANCE INTEREST INCOME INTEREST RATE INTEREST RATES LENDING RATES LEVIES LIQUIDITY MARKET DISCIPLINE MARKET DISTORTION MARKET POWER MONETARY POLICY MORAL HAZARD NOMINAL INTEREST RATES OPPORTUNITY COST PROPERTY OWNERSHIP PROVISIONING PROVISIONS PUBLIC SERVICES PURE PROFIT RESERVE REQUIREMENT RESERVE REQUIREMENTS RETIREMENT RISK AVERSION RISK MANAGEMENT SALES TAXES SAVINGS SIDE EFFECTS STOCK MARKETS SYSTEMIC BANKING CRISES SYSTEMIC RISK TAX TAX ADMINISTRATION TAX COLLECTION TAX INCENTIVES TAX RATES TAX REFORM TAX REVENUE TAX SYSTEMS TAXATION TRADE TAXES TRANSPARENCY VALUATION WAGES WEALTH FINANCIAL INTERMEDIATION TAX ASSESSMENTS TAX REFORMS CAPITAL INCOME TAXATION REVENUE MEASURES CREDIT WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2003/05/2378821/avoiding-pitfalls-taxing-financial-intermediation http://hdl.handle.net/10986/18184

Internet

http://documents.worldbank.org/curated/en/2003/05/2378821/avoiding-pitfalls-taxing-financial-intermediation
http://hdl.handle.net/10986/18184

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