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Taxation in Financial Sector
Název práce v češtině: Danění ve finančnictví
Název v anglickém jazyce: Taxation in Financial Sector
Klíčová slova: Sektorové danění, Bankovnictví, FSC, FAT, FTT
Klíčová slova anglicky: Sector-Specific Taxation, Banking, FSC, FAT, FTT
Akademický rok vypsání: 2015/2016
Typ práce: bakalářská práce
Jazyk práce: angličtina
Ústav: Institut ekonomických studií (23-IES)
Vedoucí / školitel: doc. Petr Janský, M.Sc., Ph.D.
Řešitel: skrytý - zadáno vedoucím/školitelem
Datum přihlášení: 02.06.2015
Datum zadání: 13.05.2016
Datum a čas obhajoby: 14.06.2016 08:00
Místo konání obhajoby: IES, 314
Datum odevzdání elektronické podoby:13.05.2016
Datum proběhlé obhajoby: 14.06.2016
Oponenti: PhDr. Mgr. Goran Serdarevič, M.A.
Kontrola URKUND:
Zásady pro vypracování
In the aftermath of the recent financial crisis, several European countries introduced SST to help repair the financial system. We generally talk about three kinds of revenue-focused taxes: Financial Stability Contributions, Financial Activities Taxes (FAT), and Financial Transaction Taxes (FTT). Corrective forms of taxation include statistical default risk taxes, liquidity-based taxes, market-based taxes, and debt-bias related action.

Prior to the financial crisis, very few academic works studied the specifics of financial sector taxation. IMF delivered the first comprehensive report to the G20 Leaders Toronto Summit in 2010. The goal was to summarize options as to how the financial sector could share the burden of repairing the banking system. The IMF Report favors the implementation of FAT to FTT. Daniel Shaviro in his work "The Financial Transactions Tax Versus (?) The Financial Activities Tax" examines in more detail why FAT is more favorable than FTT. Buettner and Erbe in their FAT or VAT? The Financial Activities Tax as a substitute to Value Added Taxes on Financial Services, take a closer look on the impacts of FAT. They analyze what the estimated revenues and welfare effects for Germany would be.

Seznam odborné literatury
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Předběžná náplň práce
The purpose of this thesis is to review taxation in financial sector, discuss its objectives and compare its past and most recent implementations. Financial Activities Taxes, Financial Transaction Taxes, and Financial Stability Contribution are compared from theoretical point of view. Trends in profitability, volumes of derivatives, and equity ratios are presented for two groups in both Italy and France - banks that are subject to new Financial Transaction Taxes and those that are not. Using panel data on financial institutions, positive impact of FTT introduction on derivative volumes is found in France, and no significant effect is found in Italy.
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