Naslov
Tax Framework of Croatian Financial system

Autori
Olgić Draženović, Bojana ; Maradin, Dario ; Buterin, Vesna

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
5th International Scientific Symposium "Economy of Eastern Croatia - Vision and Growth", procceedings / Mašek Tonković, Anka - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2016, 1060-1068

Skup
5th International Scientific Symposium "Economy of Eastern Croatia - Vision and Growth"

Mjesto i datum
Osijek, Hrvatska, 02.06.2016. - 04.06.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Porezi ; financijske institucije ; financijska tržišta ; prihod od kapitala ; Hrvatska
(taxation ; financial institutions ; financial markets ; capital income ; Croatia)

Sažetak
The responsibility of the financial sector for the global financial crisis spurred the interest of the public to assess the ‘fair and substantial contribution’ of the financial industry that would level the costs associated with government interventions. In addition to various and comprehensive changes in the regulatory regime, most countries focused its efforts towards reforms of the tax systems. Therefore, it seemed reasonable to investigate the existing tax treatment of different categories of capital income in Croatia, i.e. interest income on savings deposits and bonds, dividends and capital gains. These additional taxes have been introduced recently with the primary objective of growth of budget revenues as well as additional contributions to the stability of the financial system. However, the paper raises the question of the justification of this decision with respect to the relative underdevelopment of the domestic financial system, and particularly illiquid and shallow capital markets. For this reason, the authors will analyze the structure and determinants of Croatian financial institutions and financial markets, and the importance of financial services in the national economy. The aim of this paper is to point out the importance of developing appropriate tax framework for all segments of the financial system in the Republic of Croatia. Authors will provide insight into the nature and key features of capital income taxes as well as the basic elements of the state taxes on financial institutions. Furthermore, in line with trends in European legislation, the introduction of tax on financial transactions (FTT) will also be taken into account.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Zbornik indeksiran u EBSCO, Thomson Reuters, EconPapers, Web of Science

POVEZANOST RADA