Pay As You Spend
R. A. Rayman
Chapter 16 in Toxic Economic Theory, Fraudulent Accounting Standards, and the Bankruptcy of Economic Policy, 2013, pp 160-171 from Palgrave Macmillan
Abstract:
Abstract In conformity with the market-related “pay-for-what-you-get” principle discussed in Chapter 15, “taxable consumption” is defined as the market value of the taxpayer’s consumption during the relevant tax period – measured, in the majority of cases, by reference to the taxpayer’s expenditure on goods and services.
Keywords: Corporate Taxation; Taxable Consumption; Social Security Contribution; Personal Taxation; Monetary Saving (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-30450-6_16
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DOI: 10.1007/978-1-137-30450-6_16
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