Politická ekonomie 2015, 63(7):833-846 | DOI: 10.18267/j.polek.1037

Právní jistota - možný problém daňové politiky vyspělých zemí?

Zuzana Machová, Igor Kotlán
Mendelova univerzita v Brně, Vysoká škola báňská Technická univerzita Ostrava.

Legal Certainty - Possible Problem of Tax Policy in Developed Countries?

In the OECD, tax policy makes one of the highly sensitive areas of critical importance to the governance of global economy. The OECD authorities realize the importance of tax systems' structure for economic output and social well-being, and thus the tax policy has made one of the OECD policy priorities since the OECD's earliest days. However, the policy has been aimed on giving recommendations to national authorities solely in the area of optimal tax mix structure, while other important aspects of the tax systems have remained omitted. One of such aspects is legal certainty about the development of taxation. If the certainty is low, expectations of economic entities are deformed, which leads to substitution effect, and higher risk occurs. Therefore, the aim of the paper is to validate the hypothesis that higher legal certainty in the area of taxation significantly promotes economic growth. This hypothesis is confirmed within the analysis, and more attention to legal aspects of taxation is suggested.

Keywords: tax certainty, legal certainty, legal aspects of taxation, economic growth
JEL classification: H2, H3, O4

Published: November 1, 2015  Show citation

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Machová, Z., & Kotlán, I. (2015). Legal Certainty - Possible Problem of Tax Policy in Developed Countries? Politická ekonomie, 63(7), 833-846. doi: 10.18267/j.polek.1037
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