Table of contents
About this book
This book explains the theoretical and policy issues associated with the taxation of financial services and includes a jurisdictional overview that illustrates alternative policy choices and the legal consequences of those choices . The book addresses the question: how can financial services in an increasingly globalized market best be taxed through VAT while avoiding economic distortions? It supports the discussion of the key practical problems that have arisen from the particular complexity of the application of VAT to financial services, and allows for the evaluation of best practice by comparing the major current reform models now being implemented.
VAT and Financial Supplies VAT and Gambling VAT and Insurance VAT and Loans Comparative Tax Law Consumption Tax Cost-sharing Crowdfunding Exempt Financial Supplies Financial Intermediation Service Financial Pooling Service Financial Service Goods and Services Tax (GST) Insurance Company Intangible Asset Internet Gambling Tax Law Tax Policy Value Added Tax (VAT) Zero-rating Financial Supplies