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Tax Measures Taken to Fight the Crisis in Developed Countries
[Daňová opatření v období krize ve vyspělých zemích]

Author

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  • Jiří Kostohryz

Abstract

The article describes the importance and reasons of tax measures taken to fight the crisis. At the beginning it is the comparison of tax policy measures in the context of other measures. Attention is paid to the comparison of fiscal measures in the OECD. Next are presented the basic types of tax measures taken to fight the crisis (Corporate income tax rate reductions, Accelerated depreciation, Loss carryforward and carryback provisions, R&D credit enhancements, Indirect tax activity, Personal income tax measures). The article also presents two currently discussed tax theory concepts related to the prevention of potential crises in the future, namely, financial transaction tax and the concepts of tax neutrality due to the method of financing.

Suggested Citation

  • Jiří Kostohryz, 2011. "Tax Measures Taken to Fight the Crisis in Developed Countries [Daňová opatření v období krize ve vyspělých zemích]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2011(1), pages 55-67.
    • Handle: RePEc:prg:jnlcfu:v:2011:y:2011:i:1:id:97:p:55-67
    DOI: 10.18267/j.cfuc.97
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    References listed on IDEAS

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    1. Simeon Djankov & Tim Ganser & Caralee McLiesh & Rita Ramalho & Andrei Shleifer, 2010. "The Effect of Corporate Taxes on Investment and Entrepreneurship," American Economic Journal: Macroeconomics, American Economic Association, vol. 2(3), pages 31-64, July.
    2. John Y. Campbell & Kenneth A. Froot, 1994. "International Experiences with Securities Transaction Taxes," NBER Chapters, in: The Internationalization of Equity Markets, pages 277-308, National Bureau of Economic Research, Inc.
    3. Stephan Schulmeister & Margit Schratzenstaller & Oliver Picek, 2008. "A General Financial Transaction Tax. Motives, Revenues, Feasibility and Effects," WIFO Studies, WIFO, number 31819.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Financial Crisis; Tax policy; Taxation; Financial transaction tax; Fiscal Stimulus; Finanční a ekonomická krize; Daňová politika; Zdanění; Daň z finančních transakcí; Fiskální stimuly;
    All these keywords.

    JEL classification:

    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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