Text file: 3113.txt
author: marko jakob
downvotes: 12
end consideration date: 2012-06-01
id: '3113'
number comments: 13
number views: 2068
proposal type: Competent authority response
response: "Response from the Ministry of Finance\nThe Law on Value Added Tax (Official\
  \ Journal of the Republic of Slovenia, No 13/11 - officially consolidated text,\
  \ 18/11, 78/11 and 38/12; hereinafter. ZDDV-1) imposes the obligation to account\
  \ for and pay value added tax in the Republic of Slovenia. The fundamental characteristic\
  \ of value added tax is that it taxes the value added in the production and sales\
  \ chain. The taxable amount of supplies of goods or services is whatever constitutes\
  \ payment.\nThe trade margin represents a percentage of the purchase price, i.e.\
  \ the difference between the selling price and the purchase price. This percentage\
  \ is determined by the shop itself. The margin is used by the store to cover its\
  \ costs net of the cost of the merchandise.\nIt follows from the above that the\
  \ trade margin, as part of the selling price, is already subject to VAT. The amount\
  \ of VAT charged therefore also depends on the amount of the trade margin.\nThe\
  \ Corporate Income Tax Act (Official Journal of the Republic of Slovenia, 117/06,\
  \ 56/08, 76/08, 05/09, 96/09, 110/09-ZDAVP-2B, 43/10, 59/11, 24/12 and 30/12; hereinafter:\
  \ ZDDPO-2) imposes the obligation to pay corporate income tax. The tax base is the\
  \ profit, calculated as the excess of revenue over expenditure, as defined by ZDDPO-2.\
  \ In principle, accounting income and expenses are recognised, except for those\
  \ for which the ZDDPO-2 provides otherwise. For 2012, the tax is payable at the\
  \ rate of 18 % of the tax base.\nWe clarify that the margin is also income and as\
  \ such already taxed under ITA-2. If the margin is higher, the profit is also higher\
  \ and, consequently, the corporate income tax is higher. In this way, higher or\
  \ high margins already pay proportionally more tax. The solution adopted follows,\
  \ among other principles, the principles of taxation of income according to economic\
  \ power and the principles of equal treatment of income, and we therefore consider\
  \ it appropriate. To treat overtaxed income differently would be a departure from\
  \ these principles.\nIn view of the above, we do not consider the proposal to introduce\
  \ a new tax on trading margins greater than 25 or 30% to be acceptable.  \n "
response date: 2012-07-11
response due date: null
sent date: 2012-05-03
title: Proposal for a new tax
upvotes: 31
url: https://predlagam.vladi.si/predlog/3113
