Comparison of the Personal Income Tax in Selected Countries

Abstract

Most countries in the world levy taxes. Tax is the main source of national revenue, and it is the responsibility and obligation of every taxpayer to the state to pay taxes according to the law. The objective of this thesis to compare the personal income taxes of specific types of taxpayers in three countries: Italy, Slovenia and Spain, using selected indicators. The study of personal income tax is important for improving the income distribution system, better protecting and improving people's livelihood, and stimulating their consumption potential. This thesis calculates and compares the taxation of different taxpayers with different marital status and family structure in Italy, Slovenia and Spain, respectively. We conclude that Italy has the highest level of tax burden and Slovenia has the lowest level of tax burden, and all three countries have tax policies to support raising more children.