In order to make the scheme successful, the government needs to give administrative powers to the Broadening of the Tax base
An IMF Report says that this reflects narrow tax bases
, overgenerous tax concessions and exemptions, weak and fragmented revenue administrations, and structural features of the economy - Unlocking Pakistan's revenue potential.
In this way, more and more consumers will demand proper receipts on every purchase and the government shall benefit in extensive tax base
Second, the harmonization of the tax base
takes place, and last, the tax rate is harmonized.
Moscovici said "a lot has changed" since 2011, arguing that the CCCTB plan was "more relevant today than ever." The latest Common Consolidated Corporate Tax Base
proposals will now be submitted to the European Parliament for discussion.
TARC Chairman Parthasarathi Shome convincingly argues for an expanded tax base
in the committee's third report submitted in November 2014.
Prime Minister Tigran Sargsyan expressed confidence that the expansion of the luxury tax base
will ensure additional budget
Assessing state income taxes upon the federal tax base
eases states' legislative and enforcement burdens, and it reduces taxpayers' compliance burdens.
The Third Circuit disagreed, finding that, after making PPUs proposed simplifications to the formula, the tax base
for the windfall tax was not gross receipts but instead was a multiple of gross receipts.
The "Common Consolidated Corporate Tax Base
" system is an ambitious goal of the European Commission.
The European Commission has proposed the creation of a common system for calculating the tax base
of businesses operating in the EU.
Mavromatis told a news conference that the organisation had contacted Brussels in a bid to clarify the situation and found that "both a Franco-German proposal and a compromising proposal by the EU President (Herman van Rompuy) refer to a common tax base
and not a common tax rate."