| Document Type
|
:
|
BL
|
| Record Number
|
:
|
887900
|
| Main Entry
|
:
|
Organisation for Economic Co-operation and Development,author.
|
| Title & Author
|
:
|
Taxation of household savings /\ Organisation for Economic Co-operation and Development.
|
| Publication Statement
|
:
|
Paris :: Organization for Economic Cooperation and Development,, 2018.
|
| Series Statement
|
:
|
OECD tax policy studies ;; no. 25
|
| Page. NO
|
:
|
1 online resource (240 pages) :: illustrations
|
| ISBN
|
:
|
9264289534
|
|
|
:
|
: 9789264289536
|
| Contents
|
:
|
Intro; Foreword; Acknowledgements; Table of contents; Executive summary; Chapter 1 Introduction; 1.1. Background; Inequality is increasing; Figure 1.1. Disposable income Gini coefficients, mid-1980s and 2015 (or latest available year) in 22 OECD countries; Figure 1.2. Distributions of household disposable income and net wealth across deciles; Populations are ageing; Figure 1.3. Old-age dependency ratios, 2015; Figure 1.4. Old-age dependency ratio over time, OECD average; 1.2. The effects of taxation on savings; The effect of taxation on portfolio composition.
|
|
|
:
|
Figure 3.1. Distribution of marginal effective tax rates across countries for each asset type, 2016Table 3.2. Marginal effective tax rates by asset, 2016 -- Personal tax rate: 67% of average wage case; Table 3.3. Marginal effective tax rates by asset, 2016 -- Personal tax rate: 100% of average wage case; Table 3.4. Marginal effective tax rates by asset, 2016 -- Personal tax rate: 500% of average wage case; Table 3.5. Marginal effective tax rates by asset, 2016 -- Personal tax rate: 67% of average wage case.
|
|
|
:
|
NotesChapter 3 Marginal effective tax rates on household savings; 3.1. Introduction; 3.2. Methodology; Marginal Investment; Types of savings vehicles modelled; Fixed pre-tax rate of return approach; Inflation rate; Tax rates; Holding period; Type of returns generated; Investment funds and pension funds; Social security contributions; Recurrent property taxes; Limitations of the methodology; Table 3.1. Approaches to integration of corporate and personal level taxation; 3.3. Results; Box 3.1. Comparing effective and statutory marginal tax rates.
|
|
|
:
|
Table 2.2. Tax treatment of different forms of saving: bank accountsTable 2.3. Tax treatment of different forms of saving: bonds; Table 2.4. Tax treatment of different forms of saving: shares; Table 2.5. Tax treatment of different forms of saving: investment funds; Table 2.6. Tax treatment of different forms of saving: private pensions; Table 2.7. Tax treatment of different forms of saving: tax-favoured savings accounts; Table 2.8. Tax treatment of different forms of saving: owner-occupied residential property; Table 2.9. Tax treatment of different forms of saving: rented residential property.
|
|
|
:
|
Table 3.6. Marginal effective tax rates by asset, 2016 -- Personal tax rate: 100% of average wage case.
|
|
|
:
|
The effect of taxation on the level of savings1.3. Outline of the report; Notes; References; Chapter 2 How countries tax savings; 2.1. Introduction; 2.2. Approaches taken to taxing household savings; 2.3. Overall trends in countries' approaches to taxing savings; Table 2.1. Broad approaches to taxation of savings; 2.4. Results across asset types; Bank accounts; Bonds; Equities (purchase of corporate shares); Investment funds; Pension funds; Tax-favoured savings accounts; Owner-occupied residential property; Rented residential property.
|
| Abstract
|
:
|
This report provides a detailed review of the taxation of household savings in 40 OECD and partner countries. It examines the different approaches that countries take to taxing household savings, and calculates marginal effective tax rates on a wide range of savings vehicles (including bank accounts, bonds, shares, private pensions and housing) to assess the impact of these approaches on savings behaviour. It examines asset holdings across income and wealth distributions to help assess the distributional impact of savings taxation, and discusses recent changes in the exchange of information for tax purposes between tax administrations. It also draws out a range of implications from this analysis for savings tax policy as part of an inclusive growth tax agenda.
|
| Subject
|
:
|
Households-- Economic aspects, Statistics.
|
| Subject
|
:
|
Tax incentives, Statistics.
|
| Subject
|
:
|
Taxation, Statistics.
|
| Subject
|
:
|
Households-- Economic aspects.
|
| Subject
|
:
|
Tax incentives.
|
| Subject
|
:
|
Taxation.
|
| Dewey Classification
|
:
|
339.22
|
| LC Classification
|
:
|
HB820.T393 2018eb
|