Implications for Regional Development Drawn from the Hometown Tax Donation System—Aiming to Produce Regional Entrepreneurship
Takaaki Hoda and
Richard B. Dasher
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Takaaki Hoda: Kobe University
Richard B. Dasher: Stanford University
Chapter Chapter 8 in Local Tax Benefits at a Distance, 2021, pp 97-100 from Springer
Abstract:
Abstract Hometown Tax Donation is a system where citizens donate to a region or regions they wish to endorse or support, and receive tax credit benefits in return. In effect, donors only pay 2000 yen out of their pockets. In addition, the system is a “bargain deal” since each municipality offers reciprocal gifts worth up to 30% of the donated amount, and donors essentially receive goods worth more than the 2000 yen they actually paid
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-981-16-5138-0_8
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DOI: 10.1007/978-981-16-5138-0_8
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