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DC Field | Value | Language |
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dc.date.accessioned | 2018-06-12T12:31:39Z | - |
dc.date.available | 2018-06-12T12:31:39Z | - |
dc.date.issued | 2017 | - |
dc.identifier.uri | https://www.um.edu.mt/library/oar//handle/123456789/30930 | - |
dc.description | M.ACCTY. | en_GB |
dc.description.abstract | Purpose: This study reviews potential sport tax incentives and assesses their appropriateness for their use in Malta. An in-depth evaluation of the implementation process will be undertaken, with particular focus on the characteristics of attaining effective sport tax incentives. In doing so, this thesis reviews a number of countries which have implemented similar schemes. Design: The objectives of the study were achieved through a questionnaire open to all tax payers, to get an understanding of the general public’s opinion on the ideals and flaws of sport tax incentives. Semi-structured interviews were also held with various Maltese tax practitioners and other representatives from the; Inland Revenue department, Parliamentary Secretariat for Research, Innovation, Youth and Sport and the health sector. Findings: Findings suggest that lack of awareness on sport tax incentives is present amongst the general public. A need for scheduled reviews and promotion of incentives was sought to ensure that all schemes remain relevant throughout. As for implementation, an existing framework should be utilised to avoid any unnecessary distortion and enhance manageability. Although different proposals were suggested to the author, consensus was reached on the feasibility of opting for tax incentives of a VAT and income tax nature, provided that compliance and administrative regulations are adhered to. Conclusion: This study concludes that Sport tax incentives will be openly welcomed by the general public. Although concern was raised on the bureaucratic aspects of implementing sport tax incentives as well as the additional compliance and administrative procedures; the benefits emanating from sport tax incentives far outweigh the costs and implications. Further studies should be undertaken to assess the appropriateness of each sport tax incentive. Value: Provided that obesity is a problem which does not seem to decelerate any time soon, this study was sought to provide a solution. Since no research has been undertaken regarding the subject, an unconventional approach was carried out to analyse the feasibility of encouraging individuals to participate in different forms of sports and physical activities through the use of both direct and indirect fiscal tax incentives. | en_GB |
dc.language.iso | en | en_GB |
dc.rights | info:eu-repo/semantics/restrictedAccess | en_GB |
dc.subject | Tax incentives -- Malta | en_GB |
dc.subject | Sports -- Malta | en_GB |
dc.subject | Taxation -- Malta | en_GB |
dc.title | Sport tax incentives : the Maltese context | en_GB |
dc.type | masterThesis | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder. | en_GB |
dc.publisher.institution | University of Malta | en_GB |
dc.publisher.department | Faculty of Economics, Management and Accountancy. Department of Accountancy | en_GB |
dc.description.reviewed | N/A | en_GB |
dc.contributor.creator | Sammut, Andrew-Bernard | - |
Appears in Collections: | Dissertations - FacEma - 2017 Dissertations - FacEMAAcc - 2017 |
Files in This Item:
File | Description | Size | Format | |
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17MACC067.pdf Restricted Access | 2.03 MB | Adobe PDF | View/Open Request a copy |
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