Fiscal Neutrality

Fiscal Neutrality

A situation in which a government does not use tax incentives to encourage or discourage behavior. Fiscal neutrality especially refers to a balanced budget because it requires neither the government borrowing of a budget deficit nor the investment of a budget surplus.
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The House committee decided to propose the reduction of the rates on property values used in calculating sewerage fees in order to meet the legal requirement of fiscal neutrality, meaning municipalities cannot receive more in rates than the cost of building the sewerage system.
Recently, Poland's constitutional court challenged that ruling on the grounds that the European Parliament was not consulted on the legal niceties and that it breached fiscal neutrality rules inasmuch as charging separate rates for print books and ebooks distorts the market.
30 It is estimated that Saudi Arabia needs the price of oil to be at about $100 per barrel to achieve fiscal neutrality.
Appended are: (1) Data Sources; (2) Adjustment Factors in BEF; (3) Pennsylvania Confirmatory Analysis; (4) All States Adjusted NAEP Comparisons; (5) Correlations between Traditional Equity and Neutrality Indicators and Funding Fairness Indicators; (6) Fiscal Neutrality Coefficients; (7) Fixed and Random Effects Models of Gaps and Outcomes; (8) Bridging Pennsylvania State Assessments and SAT College Readiness Benchmarks; (9) Economies of Scale in Education; (10) New York Reforms; and (11) Rhode Island Numbers Games.
But with the political clamor for public spending cuts now subsiding, even within the Tea Party, US fiscal policy has shifted into neutral - and fiscal neutrality brings 3.
Osborne has stuck rigidly to fiscal neutrality in his Autumn Statements and Budgets, to ensure that spending is matched by cuts or increased tax revenues.
These are potential breaches of the EU principles of equality of treatment and fiscal neutrality amongst retailers selling similar products that fulfil the same purpose.
It therefore does not infringe the principle of fiscal neutrality.
What you get in Jersey is the fiscal neutrality, you don't have double taxation," C he added.
Barney Horn, indirect tax partner at Deloitte in Birmingham, said: "This is a landmark decision endorsing one of the most important principles of Community law, fiscal neutrality.
The judges' decision supports last year's rulings by the VAT & Duties Tribunal that the inconsistent application of VAT to interval bingo and gaming machines by HM Revenue & Customs contravened the EU principle of fiscal neutrality.
Fiscal Neutrality in a Business-to-Business Context.