This book offers a comprehensive guide to modern day taxation issues. It presents a thorough
overview of many of the crucial aspects of applied taxation and current tax systems and
presents evidence that supports taxation as an important policy issue requiring immediate
address globally. Contributions seek to address the core question of how to design a tax policy
mix that can serve primarily efficiency growth and possibly equity goals at a time where
fiscal spending for many economies is not a viable option. Chapters provide a historical
perspective on taxation then go on to cover aspects of the modern theory of optimal taxation
and tax design and provide valuable international perspectives on current tax practices and
much required tax reforms. Empirical analysis on taxation and related economic data help the
readers to understand how data-based observations and results are linked to the theory of
taxation and more importantly economic growth before offeringappropriate policy
prescriptions. This book will be of interest to scholars and practitioners interested in
learning more about taxation and why it matters today in the global economy.
