wealth tax


Also found in: Financial, Acronyms, Wikipedia.
Related to wealth tax: income tax, gift tax

wealth tax

n
(Economics) a tax on personal property; capital levy
Translations

wealth tax

wealth tax

nimposta sul patrimonio
Mentioned in ?
References in periodicals archive ?
Minister Matambo was responding to a question by Selebi Phikwe West Member of Parliament, Mr Dithapelo Keorapetse, who had asked the minister to state if his ministry had any plans to introduce wealth tax as inter alia a solution to worsening inequalities and boosting government tax collection or revenue in the foreseeable future.
They maintained in their petition that for four years,the petitioners' wealth tax was assessed disproportionately to the market value of their stocksDuring the hearing, five more witnesses recorded their statements while cross-examination over their statements was also completed.
During the court proceedings, the Federal Bureau of Revenue counsel informed SC that the matter regarding wealth tax had been finalised by the apex court in 2001.
But it will not be the poor who ultimately lose out; it will be the relatively affluent households that were not previously subject to the wealth tax.
Leonard's campaign team said Holyrood has legal powers to impose the radical wealth tax - but the UK Government would have to sign it off.
The situation will only get more difficult next year, and Macron's pledges to cut local property taxes and limit the scope of the wealth tax to property could put a strain on revenues in the years ahead.
Mr Smith wants to boost NHS spending by 4 per cent every year, paid for with a wealth tax on the top 1 per cent of earners.
He has also come forward with plans for the return of wage councils, a new wealth tax and a 4% increase in NHS spending.
The former Shadow Work and Pensions Secretary earlier vowed to end austerity as part of a "socialist revolution", with a new wealth tax on the rich and increased spending on the NHS.
The former shadow work and pensions secretary vowed to end austerity as part of a "socialist revolution", with a new wealth tax on the rich and increased spending on the NHS.
However, officials stated that legally the department is not allowed to gather income tax and wealth tax data older than 2010.
And with a wealth tax on the super-rich we could ensure we all rely on.