A compensatory move may be to turn the small and ineffectual luxury car tax into something more meaningful – a fuel efficiency tax.
Based on the assumption that deviation from a legal norm is the more accepted the less its underlying principles are jeopardized, we argue that violating the tax compliance norm is socially justifiable if revenue requirements as well as equity and efficiency tax principles are not infringed upon by the evasion.
And many are rushing to do installations by the current year-end expiration date for 2016 in order to benefit from the 30percentt federal consumer energy efficiency tax credits covering solar energy systems, small wind turbines and geothermal heat pumps.
The CBI also called on the Chancellor to set a clear direction on energy policy by simplifying energy-efficiency taxes, setting out the future of the carbon price floor and providing clarity on the Levy Control Framework to support investment in low-carbon energy.
In a new ad campaign running in home design magazines and on cable, Hunter Douglas is touting its fanciest honeycomb window shades as qualifying for a $1,500 federal home energy-efficiency tax credit.
Without the big budget cuts and increased efficiencies, tax hikes of any sort wouldn't be credible.
Since then, tax revenue has been maintained at around 25% of GDP consistently, despite substantial improvements in tax collection efficiency and tax compliance over this period (57).
But these activities should be based on economic efficiency, not tax savings".
Mr. Jin is credited with improving the efficiency of tax collections, a longstanding problem.
It's about to save you money through energy efficiency federal tax credits (recently reinstated by Congress, after expiring in 2007).
Tyco reported a 17percentt gain in profits per share, he said, because of increased operating efficiencies, lower taxes and higher profit margins.
