Implicit tax

0.03 sec.

Implicit tax

Lower or higher before-tax required returns on assets that are subject to lower or higher tax rates.

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There also appears to be little recognition given to the non-transparent nature of the Central Provident Fund's investment policies in Singapore, and the resulting large implicit tax on members' balances which is recurrent and regressive.

Asian States, Asian Bankers: Central Banking in Southeast Asia by Asher, Mukul / Pacific Affairs

But they must pay other taxes, as well, including any state and federal income taxes on those earnings; the Social Security and Medicare taxes they continue to pay; and the implicit tax of additional work-related expenses (6 percent to 13 percent of earnings, in most cases).

EARNINGS TEST IS OBSOLETE, BASED ON FALLACY; DEPRESSION-ERA BELIEF ... by Daily News (Los Angeles, CA)

This would reduce the implicit tax that banks currently bear.

On restructuring financial services: reaching for reform by Heagy, Thomas C. / Financial Executive

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