Tax Expenditure Management: A Critical Assessment (Cambridge Tax Law Series) - Hardcover

Burton, Mark; Sadiq, Kerrie

Hardcover

ISBN 10: 1107007364 ISBN 13: 9781107007369

Publisher: Cambridge University Press, 2013

Synopsis

A tax expenditure is a 'tax break' allowed to a taxpayer or group of taxpayers, for example, by way of concession, deduction, deferral or exemption. The tax expenditure concept, as it was first identified, was designed to demonstrate the similarity between direct government spending on the one hand and spending through the tax system on the other. The identification of benefits provided through the tax system as tax expenditures allows analysts to consider the fiscal significance of those parts of the tax system which do not contribute to the primary purpose of raising revenue. Although a seemingly simple concept, it has generated a range of complex definitional and practical issues, and this book identifies and critically assesses the controversial aspects of tax expenditure and tax expenditure management.

About this title

Book Description:

A tax expenditure is a 'tax break' allowed to a taxpayer or group of taxpayers, for example, by way of concession, deduction, deferral or exemption. This book identifies the complex definitional and practical issues the concept generates and critically assesses the controversial aspects of tax expenditure and tax expenditure management.

About the Author:

Mark Burton is an Associate Professor in Law at the University of Melbourne and a Fellow of the Taxation Law and Policy Research Institute, Monash University.

About this edition

• Publisher: Cambridge University Press
• Publication date: 2013
• ISBN 10: 1107007364
• ISBN 13: 9781107007369
• Binding: Hardcover
• Number of pages: 266