Abstract
Tax holidays can be defined as elimination or reduction of the tax for a period of time. Countries may go for tax holiday practice primarily for promoting investments or for various purposes. However, tax holidays imposed by governments have been criticized in various ways. Because in practice, there is contradiction in terms about what tax holiday is and what exemption is and what should be included as an exception. Because in practice there is a conceptual ambiguity regarding what should be considered within the scope of tax holiday, what in exemption and what in exception. Therefore, the study primarily clarifies the concept of tax holiday and then discuss as to what should be understood from the concept of tax holiday.
Highlights
Tax Holiday as an Incentive Policy ToolMehmet Nar1* 1 Associate Professor, Faculty of Economics and Administrative Sciences, Department of Economics
Tax holidays can be defined as elimination or reduction of the tax for a period of time
It is noticed that tax incentives are put into practice in different modes such as tax deduction/tax credit, tax exemption, tax exception, tax return and tax holiday (OECD, 2019)
Summary
Mehmet Nar1* 1 Associate Professor, Faculty of Economics and Administrative Sciences, Department of Economics. Received: November 16, 2019 Accepted: November 22, 2019 Online Published: December 23, 2019 doi:10.22158/jepf.v6n1p1
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
