National Accounts >> Towards 1993 SNA Rev.1 >> 1993 SNA Update Information >> 1993 SNA Update Issues/Clarifications >> Issue 7 >> Country Comments
 

Expert comments for issue:
Taxes on holding gains

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Taxes on capital gains are treated as taxes on income and deducted from income while the tax base (the realized holding gains) is not included in the SNA definition of income. Is this a contradiction that should suggest alternative treatments or should the SNA treatment remain the same?

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Number of expert comments posted below:1 

Date
posted		SourceComment
2004-08-11Fadhil Mahdi (ESCWA)As far as we can see from discussions on this issue, there were no changes related to treating the taxes on holding gains the way it was in the SNA 1993. The only new matter that was proposed is to show such taxes as part of the current taxes on income and wealth in special category. That proposal looks fine.