| Description |
1 online resource (37 pages) : illustrations, color graphs |
| Series |
IMF Working Paper ; WP/17 |
|
IMF working paper ; WP/17/187.
|
| Contents |
Cover; Contents; I. Introduction; II. The Peer-to-Peer Economy; A. The Scale of the Peer-to-Peer Economy; B. Some Theory and Empirics on the Peer-to-Peer Economy; Shrinking Transaction Costs; A Short Primer on Two-sided Markets; Some Empirical Results from the Literature; III. Key Tax-Relevant Features of the Peer-to-Peer Economy; A. Growth and Classification of P2P Activities; B. Low Incomes, Low Rents; C. Correcting for Externalities; D. P2P Platforms as Data Recorders; IV. How Should We Tax the Peer-to-Peer Economy?; A.A Neutral or Targeted Treatment of P2P Businesses; B. Tax Thresholds |
|
C. Cross-Border Taxation of P2P ServicesD. Treatment of Capital and Labor; E.A Presumptive Tax System for the P2P Economy; F. Exploiting Technology to Improve Tax Administration; V. Conclusions; Box 1. The Peer-to-Peer Economy in Developing Economies; Box 2. Current Tax Treatment of P2P Businesses |
| Summary |
The growth of the peer-to-peer (P2P) economy over the last decade has captivated both stock markets and policymakers alike. While the means for transacting might be different to existing firm structures-with the emergence of digital platforms that connect individual buyers and sellers directly-the tax behavior of individuals operating in this new economy are very familiar. What is clear is that while the P2P economy has potentially exacerbated existing policy, administrative, and revenue-mobilization challenges associated with small business taxation-such as the choice of the tax base and how to set tax thresholds-, the technology behind P2P platforms presents a valuable opportunity to eventually solve them |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Cooperative societies -- Taxation.
|
|
Fiscal policy.
|
|
Direct taxation.
|
|
Cooperative societies -- Taxation
|
|
Direct taxation
|
|
Fiscal policy
|
|
Direct Tax.
|
|
Digital Platforms.
|
|
Developing Countries.
|
|
All Countries.
|
| Form |
Electronic book
|
| Author |
Shah, Alpa, 1976- author.
|
|
International Monetary Fund, publisher.
|
| ISBN |
9781484315279 |
|
1484315278 |
|
1484313763 |
|
9781484313763 |
|
