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Tourist Tax
A tourist tax is any revenue-generating measure targeted at tourists. It is a means of combating overtourism and a form of tax exporting (partial shifting of tax burden to non-citizens or non-residents). The tourist industry typically campaigns against the taxes. It is separate from value-added tax and other taxes that tourists may pay, but are also paid by residents. Types Per diem tax As of 2019, Bhutan charges $200 to $250 per visitor per day, considered one of the highest tourist taxes at the time. Originally people from India, Bangladesh, and the Maldives were exempt from part of the fee, but the country plans to increase fees for these visitors beginning in 2020. Hotel tax Many countries in Europe charge a per-day tax on rooms in hotels and other temporary accommodation. In Germany, the tax is levied by cities in addition to VAT and is called () or "Bettensteuer" (bed tax). In many municipalities business travelers are exempt from paying it. Spanish municipalities also char ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Overtourism
Overtourism is the congestion or overcrowding from an excess of tourists, resulting in conflicts with locals. The World Tourism Organization (UNWTO) defines overtourism as "the impact of tourism on a destination, or parts thereof, that excessively influences perceived quality of life of citizens and/or quality of visitor experiences in a negative way". This definition shows how overtourism can be observed both among locals, who view tourism as a disruptive factor that increasingly burdens daily life, as well as visitors, who may regard high numbers of tourists as a nuisance. The term has only been used frequently since 2015, but is now the most commonly used expression to describe the negative impacts ascribed to tourism. Characterisation In 2018, CNN characterised overtourism as a "tourism backlash" in popular destinations, discussing multiple areas that were actively seeking to limit tourism. The growth of tourism can lead to conflicts over the use of space between resident ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Exporting
Tax exporting occurs when a country (or other jurisdiction) shifts its tax burden (partially) abroad. For example, if residents of country A hold shares of a company in country B, the government in B might want to levy an inefficiently high tax on this company's profits since the tax is partially borne by the shareholders in A. Tax exporting does not necessarily involve direct taxation of foreign residents. It can also work through other economic channels, such as price changes. See also * Capital flight * Capital strike * Luxembourg leaks * Tax avoidance * Tax competition * Tax inversion * Double Irish arrangement The Double Irish arrangement was a base erosion and profit shifting (BEPS) corporate tax avoidance tool used mostly by United States multinationals since the late 1980s to avoid corporate taxation on non-U.S. profits. It was the largest tax ... References Further reading * * * * International taxation Tax {{tax-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Burden
In economics, tax incidence or tax burden is the effect of a particular tax on the distribution of economic welfare. Economists distinguish between the entities who ultimately bear the tax burden and those on whom tax is initially imposed. The tax burden measures the true economic weight of the tax, measured by the difference between real incomes or utilities before and after imposing the tax, taking into account how the tax leads prices to change. If a 10% tax is imposed on sellers of butter, for example, but the market price rises 8% as a result, most of the burden is on buyers, not sellers. The concept of tax incidence was initially brought to economists' attention by the French Physiocrats, in particular François Quesnay, who argued that the incidence of all taxation falls ultimately on landowners and is at the expense of land rent. Tax incidence is said to "fall" upon the group that ultimately bears the burden of, or ultimately suffers a loss from, the tax. The key concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tourist Industry
Tourism is travel for pleasure or business; also the theory and practice of touring, the business of attracting, accommodating, and entertaining tourists, and the business of operating tours. The World Tourism Organization defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be domestic (within the traveller's own country) or international, and international tourism has both incoming and outgoing implications on a country's balance of payments. Tourism numbers declined as a result of a strong economic slowdown (the late-2000s recession) between the second half of 2008 and the end of 2009, and in consequence of the outbreak of the 2009 H1N1 influenza virus, but slowly recovered until the COVID-19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Value-added Tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. It is similar to, and is often compared with, a sales tax. VAT is an indirect tax because the person who ultimately bears the burden of the tax is not necessarily the same person as the one who pays the tax to the tax authorities. Not all localities require VAT to be charged, and exports are often exempt. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the consumer and applied to the sales price. The terms VAT, GST, and the more general consumption tax are sometimes used interchangeably. VAT raises about a fifth of total tax revenues bo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bhutan
Bhutan (; dz, འབྲུག་ཡུལ་, Druk Yul ), officially the Kingdom of Bhutan,), is a landlocked country in South Asia. It is situated in the Eastern Himalayas, between China in the north and India in the south. A mountainous country, Bhutan is known as "Druk Yul," or "Land of the Thunder Dragon". Nepal and Bangladesh are located near Bhutan but do not share a land border. The country has a population of over 727,145 and territory of and ranks 133rd in terms of land area and 160th in population. Bhutan is a Constitutional Democratic Monarchy with King as head of state and Prime Minister as head of government. Mahayana and Vajrayana Buddhism is the state religion and the Je Khenpo is the head of state religion. The subalpine Himalayan mountains in the north rise from the country's lush subtropical plains in the south. In the Bhutanese Himalayas, there are peaks higher than above sea level. Gangkhar Puensum is Bhutan's highest peak and is the highest uncl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Civita Di Bagnoregio
Civita di Bagnoregio is a town in the Province of Viterbo in central Italy, a ''suburb'' of the comune of Bagnoregio, east from it. It is about north of Rome. The only access is a footbridge from the nearby town, with a toll introduced in 2013. Due to the toll, communal taxes were abolished in Civita and nearby Bagnoregio. Due to its unstable foundation that often erodes, Civita is famously known as "the dying city". Territory Civita is situated in the valley of the badlands (''Valle dei Calanchi''), a region east of Lake Bolsena and west of the Tiber Valley, in the municipality of Bagnoregio. It consists of two main valleys: the ''Fossato del Rio Torbido'' and the ''Fossato del Rio Chiaro.'' Originally these places might have been easier to reach and were crossed by an ancient road which linked the Tiber Valley to Lake Bolsena. The morphology of this region was caused by erosion and landslides. The territory is made up of two different formations of rocks, different in ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Departure Tax
A departure tax is a fee charged (under various names) by a country when a person is leaving the country. Background Some countries charge a departure tax only when a person is leaving by air. In these cases, the departure tax can be ''de facto'' the same as the air passenger tax, although the latter can also apply to domestic flights that are therefore not departure taxes, as no international borders are crossed. Various rules apply to the payment of the tax, including payment at the airport to those about to catch a flight (sometimes only in the local currency and sometimes by credit card), or by some prepayment method, or it may be charged to the airlines and included in the airline ticket price. Departure taxes of various countries See also * Expatriation tax An expatriation tax or emigration tax is a tax on persons who cease to be tax resident in a country. This often takes the form of a capital gains tax against unrealised gain attributable to the period in which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antigua And Barbuda
Antigua and Barbuda (, ) is a sovereign country in the West Indies. It lies at the juncture of the Caribbean Sea and the Atlantic Ocean in the Leeward Islands part of the Lesser Antilles, at 17°N latitude. The country consists of two major islands, Antigua and Barbuda, approximately apart, and several smaller islands, including Great Bird, Green, Guiana, Long, Maiden, Prickly Pear, York, and Redonda. The permanent population is approximately 97,120 ( est.), 97% residing in Antigua. St. John's, Antigua, is the country's capital, major city, and largest port. Codrington is Barbuda's largest town. In 1493, Christopher Columbus reconnoitred the island of Antigua, which he named for the Church of Santa María La Antigua.Crocker, John. "Barbuda Eyes Statehood and Tourists". ''The Washington Post''. 28 January 1968. p. E11. Great Britain colonized Antigua in 1632 and Barbuda in 1678. A part of the Federal Colony of the Leeward Islands from 1871, Antigua and Barbuda joi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahamas
The Bahamas (), officially the Commonwealth of The Bahamas, is an island country within the Lucayan Archipelago of the West Indies in the Atlantic Ocean, North Atlantic. It takes up 97% of the Lucayan Archipelago's land area and is home to 88% of the archipelago's population. The archipelagic state consists of more than 3,000 islands, cays, and islets in the Atlantic Ocean, and is located north of Cuba and northwest of the island of Hispaniola (split between the Dominican Republic and Haiti) and the Turks and Caicos Islands, southeast of the U.S. state of Florida, and east of the Florida Keys. The capital is Nassau, Bahamas, Nassau on the island of New Providence. The Royal Bahamas Defence Force describes The Bahamas' territory as encompassing of ocean space. The Bahama Islands were inhabited by the Lucayan people, Lucayans, a branch of the Arawakan-Taino language, speaking Taíno, for many centuries. Christopher Columbus was the first European to see the islands, making hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sayonara
''Sayonara'' is a 1957 American Technicolor drama film starring Marlon Brando in Technirama. It tells the story of an American Air Force fighter pilot during the Korean War who falls in love with a famous Japanese dancer. The picture won four Academy Awards, including acting honors for co-stars Red Buttons and Miyoshi Umeki. The supporting cast also features Patricia Owens, James Garner, Martha Scott, Ricardo Montalbán, and Miiko Taka. The screenplay was adapted by Paul Osborn from the 1954 novel of the same name by James Michener, and was directed by Joshua Logan and produced by William Goetz. Unlike most 1950s romantic dramas, it deals squarely with racism and prejudice. Plot Fighter ace Major Lloyd "Ace" Gruver, of the United States Air Force, the son of a U.S. Army general, is stationed at Itami Air Force Base near Kobe, Japan. He has been reassigned from combat duties in Korea by General Webster, the father of his fiancée, Eileen. While Ace and Eileen have been togethe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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