A growing importance of social lending and budget revenues from personal incoming tax

The article is focused on a growing importance and popularity of a social lending. Author shows that a social lending can constitute an efficient income to persons who make them thanks to an interest rate. However, Author finds that the growing importance of a social lending can decrease incomes fro...

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Main Author: Mateusz Andruszko
Format: Article
Language:English
Published: Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika 2021-09-01
Series:Prawo Budżetowe Państwa i Samorządu
Subjects:
Online Access:https://apcz.umk.pl/PBPS/article/view/36205/30380
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author Mateusz Andruszko
author_facet Mateusz Andruszko
author_sort Mateusz Andruszko
collection DOAJ
description The article is focused on a growing importance and popularity of a social lending. Author shows that a social lending can constitute an efficient income to persons who make them thanks to an interest rate. However, Author finds that the growing importance of a social lending can decrease incomes from Personal Income Tax, because owing to an unclear tax law, social lending investors avoid to pay this tax. Undisclosed incomes from a social lending are a possible reason of smaller income from Personal Income Tax.
format Article
id doaj-art-467ba4e438d2401ab3443f95fd6db0d4
institution DOAJ
issn 2300-9853
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language English
publishDate 2021-09-01
publisher Wydawnictwo Naukowe Uniwersytetu Mikołaja Kopernika
record_format Article
series Prawo Budżetowe Państwa i Samorządu
spelling doaj-art-467ba4e438d2401ab3443f95fd6db0d42025-08-20T02:51:23ZengWydawnictwo Naukowe Uniwersytetu Mikołaja KopernikaPrawo Budżetowe Państwa i Samorządu2300-98532353-70862021-09-019311313610.12775/PBPS.2021.018A growing importance of social lending and budget revenues from personal incoming taxMateusz Andruszkohttps://orcid.org/0000-0002-6965-1536The article is focused on a growing importance and popularity of a social lending. Author shows that a social lending can constitute an efficient income to persons who make them thanks to an interest rate. However, Author finds that the growing importance of a social lending can decrease incomes from Personal Income Tax, because owing to an unclear tax law, social lending investors avoid to pay this tax. Undisclosed incomes from a social lending are a possible reason of smaller income from Personal Income Tax.https://apcz.umk.pl/PBPS/article/view/36205/30380social lendingpersonal income taxundisclosed sources of incomenational budgettax law
spellingShingle Mateusz Andruszko
A growing importance of social lending and budget revenues from personal incoming tax
Prawo Budżetowe Państwa i Samorządu
social lending
personal income tax
undisclosed sources of income
national budget
tax law
title A growing importance of social lending and budget revenues from personal incoming tax
title_full A growing importance of social lending and budget revenues from personal incoming tax
title_fullStr A growing importance of social lending and budget revenues from personal incoming tax
title_full_unstemmed A growing importance of social lending and budget revenues from personal incoming tax
title_short A growing importance of social lending and budget revenues from personal incoming tax
title_sort growing importance of social lending and budget revenues from personal incoming tax
topic social lending
personal income tax
undisclosed sources of income
national budget
tax law
url https://apcz.umk.pl/PBPS/article/view/36205/30380
work_keys_str_mv AT mateuszandruszko agrowingimportanceofsociallendingandbudgetrevenuesfrompersonalincomingtax
AT mateuszandruszko growingimportanceofsociallendingandbudgetrevenuesfrompersonalincomingtax