THE DUAL INCOME TAX SYSTEM - AN OVERVIEW

摘要: OECD countries rely to varying degrees on personal income taxes raise revenues in a fair and efficient way. Yet, despite the many differences policy institutional settings, their tax systems share some common features. Tax specialists agree problems that these features give rise to, but there is no consensus appropriate reforms should be undertaken. Moreover, record of major decidedly mixed. Commissions have presented proposals for far-reaching reform system – an example being adoption consumption been rarely adopted practice. A notable exception dual (“Nordic”) system, which as explicitly schedular represents significant departure from commonly used principle comprehensive taxation.1 To put perspective, it useful first review basic are based outline difficulties. This will serve basis presenting main Nordic largely motivated by addressing taxation its oft-proposed counterpart, taxation.