13 Adjusting Taxes for Inflation
Author:
Victor T Thuronyi
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Language:
English
Print Publication Date:
23 Aug 1996
Keywords:
tax liability; rising prices; inflation-adjustment rule; adjustment method; opening balance; Income; Inflation; Income tax systems; Currencies; Financial statements; Global

Abstract

If we could but learn to number our days… we should adjust much better our other Accounts. —Abraham Cowley (1667)

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Cover Tax Law Design and Drafting, Volume 1
Tax Law Design and Drafting, Volume 1
ISBN:
9781557755872
Publication Date:
23 Aug 1996
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557755872.071
Pages:
531