Just a Minute! - Something About A Wealth Tax

Tax system divdides levies into multi level hierarchy, that varies depending on the state or republic, where it's being used. Distribution is a neccesity for every government to pump the national economy and stil it provides more less fair layout of the tax burden among individuals or classes of the population involved in taxable activities, such as business, or to redistribute resources between individuals or classes in the population. Among the most important taxes one can mention capital gains tax, consumption tax, corporate tax, income tax, inheritance tax, wealth tax and many others... Writing about pure economic these & wealth tax, let' s start with its definition Wikipedia refers the term "wealth", property tax, capital transfer taxes (inheritance tax, estate tax, gift tax), endowment tax and capital gains taxes as "wealth taxes". This tax burdens gropus of individuals and companies as well. Declaration of tax payers on net worth( assets minus liabilitis ) as a percentage of the net worth. Net worth tax on natural persons is called solidarity on wealth & equals to 'Capital Tax', an 'Equity Tax' or 'Net Wealth Tax'. Within Europe this tax is ran only by France, Switzerland, Spain, Greece and Norway. In 2003 Austria, Denmark, Nederlands and Germany dropped out this income. In all of them, the wealth tax hasn' t been overcoming 0.3 per cents of total tax intake. Lately, France imposed heavy reductions of the tax with no tradition in the most of the European Countries. Theorists believe this step will improve the environment for busines in private sector. Proving the truth of this opinions, let' s take the financial and business strategy of SigEx Telecom, french pioneer among social telecm networks. Reductions of wealth taxes have been the consideerable input, to allure the investor' s interest. Along with wealth tax reduction, SigEx Telecom proposes the declining among 20 & 49 per cents of primary investment during 4 years of constant shareholding. Taking advantage of favourable tax system, the company could break through from the middleclass average company into the organisation with the vision of final equity growth more than one billion euros.

Edited by: Lydia Jasenska


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