Oecd Tax Policy Studies No 14 Taxation Of Capital Gains Of Individuals Policy Considerations And Approaches

This report investigates policy considerations in the taxation of capital gains of individuals and design features of capital gains tax systems.

This report investigates policy considerations in the taxation of capital gains of individuals and design features of capital gains tax systems.

This report investigates policy considerations in the taxation of capital gains of individuals and design features of capital gains tax systems.

This report examines and assesses the current and historical use of net wealth taxes, defined as recurrent taxes on individual net assets, in OECD countries. It provides background on the use of wealth taxes over time in OECD countries as well as on trends in income and wealth inequality. It then assesses the case for and against the use of a net wealth tax to raise revenues and reduce inequality, based on efficiency, equity and tax administration considerations. The effects of personal capital income taxes and taxes on wealth transfers are also discussed to understand how these taxes interact with net wealth taxes. Finally, the report looks at practical tax design issues and shows that the way a net wealth tax is designed can have a significant impact on the effectiveness and fairness of the tax. The report concludes with a number of practical tax policy recommendations regarding net wealth taxes.

This publication examines the effects of taxation on employment, highlights the resulting policy challenges, and discusses the ways governments endeavour to address these challenges.

This report is the ninth edition of the OECD's Tax Administration Series. It provides internationally comparative data on aspects of tax systems and their administration in 59 advanced and emerging economies.

This report investigates how tax structures can best be designed to support GDP per capita growth.