Taxation of Luxury Goods

51st International Scientific Conference on Economic and Social Development: Book of Proceedings 2020
Māris Jurušs, Jānis Brizga, Līga Gasūne, Valērijs Skribans

Countries are engaged in a tax competition that leads to a reduction of the budget revenue. The aim of this research is to evaluate taxation of the luxury goods, to evaluate their potential distributional effect and types of goods to be taxed. Results demonstrate that tax on luxury goods could be used to compensate the reduction of tax revenues. The tax on luxury goods would reduce the regressive tax burden of consumption taxes. However, there is a need for more studies of what goods could be considered a luxury as well as how to organize tax administration in open markets.

Atslēgas vārdi
consumption tax, luxury goods, tax on luxury goods, the tax burden
Hipersaite
https://www.researchgate.net/profile/Venelin_Terziev/publication/340225475

Jurušs, M., Brizga, J., Gasūne, L., Skribans, V. Taxation of Luxury Goods. No: 51st International Scientific Conference on Economic and Social Development: Book of Proceedings, Maroka, Rabata, 26.-27. marts, 2020. Varazdin, Croatia: Varazdin Development and Entrepreneurship Agency and University North, 2020, 622.-630.lpp. ISSN 1849-7535.

Publikācijas valoda
English (en)