Tax Federalism
/ˈtæks ˈfedərəlɪzəm/
Definitions
- (n.) The constitutional and legal framework governing the division of taxing powers and responsibilities between federal and subnational governments.
Tax federalism determines how the power to impose taxes is allocated between the national government and the states.
- (n.) The study or theory of fiscal relationships and tax policy coordination among levels of government.
Scholars in tax federalism analyze the impact of intergovernmental tax competition on economic efficiency.
Forms
- tax federalism
Related terms
See also
Commentary
Tax federalism involves understanding both legal authority and practical fiscal arrangements; drafters must clarify allocation of taxing powers to avoid disputes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.