Tax On Assets As A Factor Of Increasing Economic Activities
Tax On Assets As A Factor Of Increasing Economic Activities
Author(s): Senadin Plojović, Enis Ujkanović, Suad Bećirović, Šemsudin PlojovićSubject(s): Economic development, Law on Economics, Fiscal Politics / Budgeting
Published by: Naučno društvo za promociju i unapređenje društvenih nauka AKROASIS
Keywords: Asset Tax; Taxation; Economic Activity; Wealth Distribution;
Summary/Abstract: In this paper authors are presenting idea of an Asset Tax as a new category of state fiscal income as well as instrument for better allocation of wealth and increase of economic activity. Authors explain concept of Asset tax from social, ethical and economic aspect. In current legislative there are Laws that treat taxation of property, profit and investments. In particular, in this paper the authors discuss the tax on fixed assets and its scope, and taxes on working capital and its scope and effect of the introduction of such a tax on the acceleration of economic activity and economic development. However, the authors argue that taxation of all the assets, especially those unused, should be considered with the aim of the reinforcement of economic activity.
Journal: Socioeconomica - Naučni časopis za teoriju i praksu društveno-ekonomskog razvoja
- Issue Year: 5/2016
- Issue No: 9
- Page Range: 23-30
- Page Count: 7
- Language: English