Hypothecation and Rebasing: Difference between pages

Latest revision as of 07:21, 4 March 2022

1. Index numbers.

In the context of index numbers, rebasing can refer to either:

- changing the weights in an index, such as an inflation index,

- changing the reference period of an index number series.

The weights and the reference period may be changed at the same time.

2. Tax.

In relation to tax, rebasing means re-stating the base value of an asset for tax calculation purposes.

The re-statement would usually be upward, thereby reducing any potentially taxable gain calculated on any surplus over the base value.

@@ Line 1: / Line 1: @@
-'''1.'''
+. ''Index numbers''.
-The restriction of the use of the proceeds of a tax or other charge, for specific purposes.
+In the context of index numbers, rebasing can refer to either:
+- changing the weights in an index, such as an inflation index,
-:<span style="color:#4B0082">'''''Hypothecation of climate change tax'''''</span>
+- changing the reference period of an index number series.
-:'... some states are calling for hypothecation of the [proposed financial transaction] tax to fund climate change investment.
-:''(The Treasurer, November 2015, p13.)''
+The weights and the reference period may be changed at the same time.
-'''2.'''
-The pledging of securities or other assets as collateral for a borrowing, without transferring ownership of the assets.
+. ''Tax.''
+In relation to tax, rebasing means re-stating the base value of an asset for tax calculation purposes.
+The re-statement would usually be upward, thereby reducing any potentially taxable gain calculated on any surplus over the base value.
 == See also ==
-*[[Collateral]]
+* [[Assets]]
-*[[Financial Transaction Tax]]
+* [[Base value]]
-*[[Pledge]]
+* [[Capital gain]]
-*[[Ring fence]]
+* [[Capital Gains Tax]]
+* [[Corporation Tax]]
+* [[Index]]
 [[Category:Accounting,_tax_and_regulation]]