Vukmirovic Tax burden in Serbia.ppt 2012... · 2012. 11. 14. · 30.0 35.0 40.0 45.0 50.0 55.0 Tax...
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TAX BURDEN IN SERBIA www.stat.gov.rs [email protected] Dragan Vukmirović, Rade Ćirić -Statistical Office of the Republic of Serbia- Ksenija Despotović -“Mihailo Pupin” Institute-
Transcript of Vukmirovic Tax burden in Serbia.ppt 2012... · 2012. 11. 14. · 30.0 35.0 40.0 45.0 50.0 55.0 Tax...
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TAX BURDEN IN SERBIA
www.stat.gov.rs [email protected]
TAX BURDEN IN SERBIA
Dragan Vukmirović, Rade Ćirić-Statistical Office of the Republic of Serbia-
Ksenija Despotović-“Mihailo Pupin” Institute-
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�Modern economies are basically mixed economies
�Tax burden level – high or small?
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�Tax burden level – high or small?
�How to measure tax burden?- tax rates- tax to GDP ratio
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� Determination of the tax burden levelusing the tax rate is associated with two serious drawbacks:
1. Tax rates are only one element of which the tax burden depends. Width of the tax base
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tax burden depends. Width of the tax base and defining the taxpayers also affect the tax
burden;
2. Tax burden on the national economy level cannot be determined due to the lack of a common denominator which determine the relative importance of each individual tax
rate.
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�Tax to GDP ratio – relative indicator
�What are taxes?
�According to the OECD classification,
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�According to the OECD classification, taxes are divided in 6 groups:-Taxes on income, profits and capital gains;-Social security contributions;-Taxes on payroll and workforce;-Taxes on property;-Taxes on goods and services and-Other taxes.
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� In the analytical interpretation, following factors should be taken into account:
1. The extent to which countries provide social or economic assistance via tax expenditures, rather
than direct government spending;
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than direct government spending;
2. Whether or not social security benefits are subject to tax;
3. The GDP revision;
4. The tax evasion and the size of the underground economy
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Japan
France
Austria
New Zealand
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Netherlands
Canada
Germany
United Kingdom
Ireland
United States
Graph 1. Changes in tax to GDP ratio between 1965 and 2010, percentage points
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18.2
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Denmark
Italy
Spain
Portugal
Turkey
Norw ay
Greece
Belgium
Sw eden
Sw itzerland
Finland
Iceland
Luxembourg
Japan
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There are many reasons that caused the increase of the tax burden during the observed period:
1.Economic strengthening of the countries;
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1.Economic strengthening of the countries;
2.Increased level of government intervention;
3.Political reasons;
4.Poor management of the public finances;
5.Social reasons;
6.Environmental protection.
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Tax to GDP ratios in OECD countries, 2010
www.stat.gov.rs [email protected]
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Tax to GDP ratios in OECD countries and Serbia, 2010
www.stat.gov.rs [email protected]
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