Tags » Consumption Tax

Who's the fairest (and most efficient) of them all - income or consumption taxes?

In my blog series: ‘A brief history of tax’, I describe how after the Second World War the income tax rose to prominence in Australia and other wealthy nations, and how since the 1970s its dominance was challenged by advocates of consumption or expenditure taxes. 3,116 more words

Australia

A brief history of tax, Part 2: Clash of the titans.

‘The tax code, once you get to know it, embodies all of the essence of life: greed, politics, power, goodness, charity. Everything’s in there.’ Sheldon Cohen, Former Commissioner of the US Internal Revenue Service. 4,919 more words

Australia

Japan: Plans for an increase in Consumption Tax from April 2017

The government has confirmed that Japanese consumption tax will rise from 8% to 10% from 1 April 2017. This latest date was announced in the 2015 Tax Plan. 110 more words

Asia-Pacific

A brief history of tax: Part 1 Income tax, the great leveller.

‘The tax code, once you get to know it, embodies all of the essence of life: greed, politics, power, goodness, charity. Everything’s in there.’ Sheldon Cohen…

3,174 more words
Australia

Japan: Consumption Tax on nonresident providers of electronic services from 1 October 2015

Japan is moving forward with proposals to subject sales by non-resident providers of electronic services to consumers to the 8% Consumption Tax from 1 October 2015. 85 more words

Asia-Pacific

THE FUTURE OF TAXATION.

A common thief does not typically act with greater force or stealth.

I would guess like me you have tried to get your head around the taxes you pay without much success. 1,358 more words