Selected Problems of Personal Income Taxation in European Union Common Market
Selected Problems of Personal Income Taxation in European Union Common Market

Economic and Political Issues

Summary/Abstract: The current taxation of personal incomes is a very complex phenomenonwhich should be analyzed not only from the legal point of view,but also taking into account into social, cultural, economic and politicaland system aspects. We cannot isolate the economic sphere from the taxsphere, as income taxes directly affect the way taxpayers function, their purchasing power, they determine labor costs for entrepreneurs and thussignifi cantly infl uence the GDP growth rate. The issues of harmonizingtaxation of incomes obtained by individuals who do not act as economic operators is practically absent in scientific literature. The only issues that are analyzed are those related to taxation of incomes from savings, transfers,capital gains, mergers and divisions. This is so because it is requiredby the nature of conducting economic operations within the common market.

• Details
• Contents