Balancing the Regulation and Taxation of Banking - Image 1

£56.95

Edward Elgar Publishing Balancing the Regulation and Taxation of Banking

Name: Balancing the Regulation and Taxation of Banking
Brand: Edward Elgar Publishing
Price: 61.15 GBP
Availability: InStock

Trade & Tax Balance

Price History & Forecast

Last 35 days • 35 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 35 days • 3 price levels

Days at Price

Current Price

Price Analysis

Most common price: £60 (29 days, 82.9%)

Price range: £57 - £61

Price levels: 3 different prices over 35 days

Description

This concise book gives a unique overview of bank taxation as an alternative or a compliment to prudential regulation or non-revenue taxation. Existing bank taxation is reviewed with a view to eliminating distortions in the tax system, which have incentivized banks to engage in risky activities in the past. The authors analyse the taxation of financial instruments trading, as well as the taxation of banking products and services to gauge whether this could finance resolution mechanisms and also help to ensure the stability of banks. In this respect, the authors put forward several arguments. Firstly, they contend that a financial transaction tax is economically inefficient, potentially costly for the economy, but if set at an appropriately low rate may be used to assure banks make a 'true and fair contribution' to their implicit insurance by taxpayers. Secondly, they show that a bank levy used to finance deposit guarantee and bank resolution mechanisms is potentially useful for financial stability, but that it poses the threat of double taxation, together with the proposed Basel III liquidity ratios. Thirdly, the authors argue in favour of the elimination of exemption from value added tax (VAT) for financial services in order to provide banks with a level playing field, whilst retaining exemption for basic payment services that are infrastructural. This is expected to improve efficiency by reducing the wasteful use of financial services. This book is an invaluable resource to students, academics and researchers in the fields of banking regulation and taxation. Policymakers and those with a wider interest in the issues will find it both topical and enlightening.

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1785360264
Category: Books > Subjects > Business, Finance & Law > Accounting > Specialities > Trade & Tax Balance
Domain: Amazon UK
Release Date: 28 August 2015
Listed Since: 14 April 2015

Barcode

No barcode data available

Edward Elgar Publishing Balancing the Regulation and Taxation of Banking

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Taxing Banks Fairly

Research Handbook on International Banking and Governance

The Financial Crisis and the Regulation of Finance

Research Handbook on European Union Taxation Law (Research Handbooks in European Law series)

The Governance and Regulation of International Finance (Private Regulation series)

International Taxation of Banking (Series on International Taxation, 75)

Taxing Income and Consumption: The Development of International Tax Law and Policy

Stability of the Financial System: Illusion or Feasible Concept?

Banking Law: Private Transactions and Regulatory Frameworks

Handbook of Research on Environmental Taxation (Elgar Original Reference)

The New Banking Economics

EU Banking and Financial Regulation (Elgar Financial Law and Practice series)

Managing Risk in the Financial System

Bank Regulation: Effects on Strategy, Financial Accounting and Management Control (Routledge Studies in Accounting)

Environmental Taxes: An Introductory Analysis

Financial Crisis Containment and Government Guarantees

Research Handbook on Law and Ethics in Banking and Finance (Research Handbooks in Financial Law series)

Tax and Transfer Tensions: Designing Direct Tax Structures

Taxation of Big Data

Research Handbook on Crisis Management in the Banking Sector (Research Handbooks in Financial Law series)

Carbon Pricing: Design, Experiences and Issues (Critical Issues in Environmental Taxation series)

The Handbook of Global Shadow Banking, Volume I: From Policy to Regulation: 1

Taxes and the Economy: A Survey on the Impact of Taxes on Growth, Employment, Investment, Consumption and the Environment

Research Handbook on International Taxation (Research Handbooks in Private and Commercial Law series)