. . "2013-10-16+02:00"^^ . "[E5BC2DB21C95]" . "SZAROWSK\u00C1, Irena" . . "The Possibility of Financial Sector Taxation" . . . "Proceedings of 14th International Conference on Finance and Banking" . . "taxation; financial transactions tax; financial activities tax; Tobin tax; financial institutions"@en . . "The Possibility of Financial Sector Taxation"@en . "RIV/47813059:19520/14:#0002943!RIV15-GA0-19520___" . "Karvin\u00E1" . "The Possibility of Financial Sector Taxation"@en . "The Possibility of Financial Sector Taxation" . . . . . "37901" . . "1"^^ . "978-80-7248-939-8" . "Financial, economic and debt crisis has increased the attention paid to the financial sector taxation. Due to the different impacts of the crisis on individual countries, consensus has not been achieved yet. The main expectation is that a new tax on the financial system could dissuade harmful speculation by financial markets and its revenues would appear to be a fair way of recovering the costs of the crisis. The aim of the paper is to evaluate the financial transactions tax (FTT) and the financial activities tax (FAT) as alternatives of possibility of financial sector taxation. The FTT and the FAT represent two different approaches to taxation. While the FTT is a turnover tax on financial transactions, the FAT is a profits and remuneration based tax. Due using different tax bases, the FTT achieves comparable revenues with significantly lower tax rate than the FAT. The most important precondition is to introduce and apply financial sector tax in all the countries of the world at the sa me time, thus, the financial market would not provide an opportunity to evade them, what can be done easily in the global environment of transactions."@en . "Ostrava" . "RIV/47813059:19520/14:#0002943" . "1"^^ . . "19520" . . . . . "Financial, economic and debt crisis has increased the attention paid to the financial sector taxation. Due to the different impacts of the crisis on individual countries, consensus has not been achieved yet. The main expectation is that a new tax on the financial system could dissuade harmful speculation by financial markets and its revenues would appear to be a fair way of recovering the costs of the crisis. The aim of the paper is to evaluate the financial transactions tax (FTT) and the financial activities tax (FAT) as alternatives of possibility of financial sector taxation. The FTT and the FAT represent two different approaches to taxation. While the FTT is a turnover tax on financial transactions, the FAT is a profits and remuneration based tax. Due using different tax bases, the FTT achieves comparable revenues with significantly lower tax rate than the FAT. The most important precondition is to introduce and apply financial sector tax in all the countries of the world at the sa me time, thus, the financial market would not provide an opportunity to evade them, what can be done easily in the global environment of transactions." . . "000345575000045" . "Silesian University, School of Business Administration" . "10"^^ . "P(GAP403/11/2073)" .