Translation of "Einkommensbesteuerung" in English

Income tax is individually based.

Individuals are considered tax residents if Denmark is the country of residence.

When paying the money out, you benefit from advantageous conditions in terms of your income taxation.

Until now, individual income taxation has been categorically ruled out, especially in Saudi Arabia.

It supports further reform of means-tested benefits and the individualisation of income taxation in order to remove inherent disincentives.

This Recommendation concerns income taxation.

The resulting amount is taken into account for the income taxation of the private investors/business angels.

Moreover, in December 2011 it adopted a draft law which aims at reducing fiscal drag (kalte Progression) in income taxation.

After a decline in the general tax burden in the first half of the 1980s, the ratio is now closer to the peak level of 1989.

However, the taxpayer can choose to exclude business income from the normal taxation of income.

However, the taxpayer can choose to exclude business income from the normal taxation of in come.

We have also been ground-down by the political orthodoxy of low taxation – especially with regard to income-based taxes.

Does the Commission consider the maintenance of non-transparent systems of income taxation within the European Union to be compatible with free competition and if not, what steps does it intend to take to put a stop to such systems in Member States or parts of Member States?

We know that setting the tax rate is part of income tax and thus falls within the purview of the Member States.

Member States who have only recently introduced a completely different tax system, for example a flat-tax system – that is, a single rate for company taxation, income tax and such like – have difficulty supporting a uniform assessment basis.

Although the theory of optimal income taxation directly addresses the tradeoffs between efficiency incentives and distributional consequences, the appropriate equilibrium remains a long way off.

Most countries attempt to address distributional problems by combining social provision of basic services (like education, skills training, and health care) with a minimum wage, progressive income taxation, and property taxes (which mitigate adverse incentives associated with high marginal income-tax rates).

The more skeptical you are of the ability of government-run antitrust policy to offset the monopoly power-increasing effects of M&A’s, the more you should seek other sources of countervailing power – which means progressive income taxation – to offset any upward leap in income inequality.

However, differences in personal taxation may have unexpected and undesirable effects on certain categories of workers.

The effects of the debt bias in personal income taxation should be tackled by gradually limiting the tax deductibility of interest payments on mortgages or by increasing recurrent property taxes.

Policies for wage developments, pensions and income taxation are described in detail, but there are in many other cases no clear timelines or analysis of budgetary implications.

However, policies which entail a low level of income tax or none at all often go along with a lack of transparency or exchange of information with other States.