World panorama of the wealth tax: history and modernity

Mykhailo Sverdan
PhD in Economics, Associate Professor, Department of National Economy and Finance, University of Economics and Law «КRОК», е-mail:sverdanof@ukr.net

Cite this article:

Sverdan, M. (2017). World panorama of the wealth tax: history and modernity. Ed.: M. Zveryakov (ed.-in-ch.) and others [Svitova panorama podatku na bahatstvo: istoriia i suchasnist; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin; Vìsnik socìal’no-ekonomìčnih doslìdžen’ (ISSN 2313-4569), Odessa national economic university, Odessa, No. 2-3 (63-64), pp. 105–126.

Abstract

The economic fundamentals of the formation and accumulation of property as prerequisites for creating a base for wealth and its taxation are studied in the article. The primary forms of the wealth tax and their development in historical retrospective are reflected. The peculiarities of the wealth tax functioning in different countries of the world are considered on the example of European, Latin American and Asian countries. The dynamics of the wealth tax transformation is defined. The using of the wealth tax as a fiscal instrument in the state tax system is suggested.

Keywords

taxation; wealth; tax system; wealth tax; tax policy.

JEL classification: E620; H220;  DOI: https://doi.org/10.33987/vsed.2-3(63-64).2017.105-126

UD classification: 336:226

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