| Now the schedular system has been harmonized across different categories of income. |
| The separate schedular rates can be chosen in such a way that for each income tax bracket the combined tax burden of corporation tax and income tax equals the marginal income tax rate, as under the imputation system. |
| This kind of individual income tax is not usually regarded as a schedular tax. |
| As demonstrated in Chapter 3, the effects of schedular and imputation systems are equivalent in this respect. |
| Two acceding States apply the exemption system, and a majority of seven apply some form of schedular system. |
| In practice, therefore, a pragmatic solution is for schedular systems to apply the same rate to domestic dividends as to inbound dividends. |
