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Erschienen in:
1995 | OriginalPaper | Buchkapitel
The Tax Environment
verfasst von : Pandora Hancock
Erschienen in: Current Issues in Financial Services
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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Taxes are used by governments to raise funds for public expenditure. However, almost all taxes produce distortions in the economy of a country and affect the behaviour of its citizens. In fact governments often legislate in order to influence individuals’ behaviour, for instance by offering tax incentives to home buyers to encourage home ownership.