EconPapers    
Economics at your fingertips  
 

CAPITAL TAXATION IN EUROPEAN TRANSITION ECONOMIES COMPARATIVE ANALYSIS

Kemal Cebeci
Additional contact information
Kemal Cebeci: Public Finance, Marmara University, Faculty of Economics, Istanbul, Turkey,

Review of Socio - Economic Perspectives, 2020, vol. 5, issue 4, 151-171

Abstract: Capital taxes have an important place in the tax policy due to its role on economic growth and other effects. Capital taxes derived from different economic sources or parties such as: income of households, income of corporations, income of self-employed, stock of capital. In EU, related with the goals of the tax policy which can be explained as: equity-efficiency, capital taxation can be varied in different countries. For EU transition economies, economic growth may become preferential goal of the tax policy related with the relatively low level of GDP in contrast with EU15. So, EU transition economies may apply tax policy in favor of capital. In this study, we investigated our assumption: capital can be taxed at a lower level in EU11 economies compared to EU15 countries for encouraging capital. Tax statistics of Eurostat on capital taxation for several indicators were used for the period of 2008-2018. Our statistical analysis and findings partially show that capital is taxed relatively low in EU transition economies and tax burden on capital has decreased more than EU15 in the period of 2008-2018.

Keywords: Capital taxation; transition economies; tax policy; growth (search for similar items in EconPapers)
JEL-codes: H20 H21 H30 O40 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://reviewsep.com/wp-content/uploads/2020/12/Kemal-Cebeci.pdf (application/pdf)
https://reviewsep.com/?page_id=791 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aly:journl:202076

DOI: 10.19275/RSEP102

Access Statistics for this article

Review of Socio - Economic Perspectives is currently edited by Veysel KAYA

More articles in Review of Socio - Economic Perspectives from Reviewsep
Bibliographic data for series maintained by Veysel KAYA ().

 
Page updated 2025-03-19
Handle: RePEc:aly:journl:202076