Does capital gains tax add to or detract from the fairness of the South African tax system?
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | Does capital gains tax add to or detract from the fairness of the South African tax system? | |
| Creator | Maroun, Warren Turner, Magda Sartorius, Kurt | |
| Description | This research seeks to add to the existing body of knowledge on the perceived impact of Capital Gains Tax (CGT) on the fairness of the South Africa Tax System. Building on the largely qualitative work done by Vivian (2006) and Smith (1776), this research makes use of an extensive literature review followed by a correspondence analysis to complement the existing body of research into this area. The literature review discuss the fairness criteria advanced by Smith (1776) (Smiths tax canon) and identify unfairness characteristics of CGT. The correspondence analysis only tests the theories advanced in the literature review and revealed that there are potential sources of unfairness inherent in the Eighth Schedule to the Income Tax Act No. 58 of 1962 (the Eighth Schedule). These include the possibility that that CGT gives rise to double tax and imposes a high burden on taxpayers ability to bear the tax load. | |
| Publisher | AOSIS Publishing | |
| Date | 2011-12-06 | |
| Identifier | 10.4102/sajems.v14i4.131 | |
| Source | South African Journal of Economic and Management Sciences; Vol 14, No 4 (2011); 436-448 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/131/129
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