Descriere - An anti-crisis concept regarding the fiscal contribution on the side of money, funding and capitalization.
Funding by and from taxation
Considering the crisis as a critical situation, the concept briefly presented inside the book, will appeal initially to your imagination in order to built the process framework:
- Let's consider that certain fiscal taxes are paid by the stock exchange infrastructure and settlement mechanism;
- Let's assume that the taxation becomes proactive in the wealth redistribution among the efficient industries;
- Let's consider a reward for the tax payment behavior leading to a decrease in money laundry and a recovery trigger in the business climate;
- Let's use a reliable tool of evidence as of a new funding source in economy: the fiscal certificate;
- Let's sustain the companies to enjoy a durable development, being able to become more and more independent against the debt markets especially when the adverse situations are recorded.
The tool around which the concept is built, is called the fiscal certificate (a tool used for collecting and fulfilling the taxation liabilities). The fiscal certificate is not a security but a trading certificate not bearing interest rates in the favor of holder, and nor imposing the issuer to any payments. Its issuer is the governmental fiscal institution, on the primary market, without any prospectus expenses, at the request of tax payers. The fiscal certificate's negotiated price on a secondary market, follows the principles of t-bills quotation, and it puts a high importance on the obtained funding coming from negotiation. The certificate acts both as a prove of tax payment, and also as a measurement in the equivalent tax liability.