Economics Dictionary of ArgumentsHome | |||
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Tax Loopholes - Economics Dictionary of Arguments | |||
Tax loopholes: Tax loopholes refer to legal provisions or gaps in tax laws that allow individuals or businesses to exploit ambiguities or inconsistencies to reduce their tax obligations. These loopholes enable taxpayers to legally minimize taxes by taking advantage of specific deductions, credits, exemptions, or financial maneuvers that might not align with the intended spirit of the tax laws. See also Taxation, Tax evasion, Tax avoidance, Tax havens, Tax competition, Tax incidence, Tax system._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
Author | Item | More concepts for author | |
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Saez, Emmanuel | Tax Loopholes | Saez, Emmanuel | |
Zucman, Gabriel | Tax Loopholes | Zucman, Gabriel | |
Ed. Martin Schulz, access date 2024-12-08 |