Shome, Parthasarathi.
Trends and Future Directions in Tax Policy Reform A Latin American Perspective / Parthasarathi Shome. [electronic resource] : Parthasarathi Shome. - Washington, D.C. : International Monetary Fund, 1992. - 1 online resource (34 p.) - IMF Working Papers; Working Paper ; No. 92/43 . - IMF Working Papers; Working Paper ; No. 92/43 .
Tax reform in Latin America during the 1980s emphasized broad-based, low-rate consumption taxes over steeply progressive income and property taxes, primarily to simplify the tax structure and facilitate tax administration. While tax reform need not necessarily raise tax-to-GDP ratios, countries that undertook tax reform experienced a higher revenue gain in terms of GDP relative to those that did not. Tax reform issues during the 1990s will include a minimum income tax, alternative corporate taxes (cash flow tax, assets tax), capturing difficult tax bases (financial intermediation, property), environment taxes, extending withholding as a taxing mechanism, and tax harmonization.
1451846266 : 15.00 USD
1018-5941
10.5089/9781451846263.001 doi
Corporate Income Tax
Tax Reform
Tax Structure
Taxation
Argentina
Bolivia
Dominican Republic
El Salvador
Mexico
Trends and Future Directions in Tax Policy Reform A Latin American Perspective / Parthasarathi Shome. [electronic resource] : Parthasarathi Shome. - Washington, D.C. : International Monetary Fund, 1992. - 1 online resource (34 p.) - IMF Working Papers; Working Paper ; No. 92/43 . - IMF Working Papers; Working Paper ; No. 92/43 .
Tax reform in Latin America during the 1980s emphasized broad-based, low-rate consumption taxes over steeply progressive income and property taxes, primarily to simplify the tax structure and facilitate tax administration. While tax reform need not necessarily raise tax-to-GDP ratios, countries that undertook tax reform experienced a higher revenue gain in terms of GDP relative to those that did not. Tax reform issues during the 1990s will include a minimum income tax, alternative corporate taxes (cash flow tax, assets tax), capturing difficult tax bases (financial intermediation, property), environment taxes, extending withholding as a taxing mechanism, and tax harmonization.
1451846266 : 15.00 USD
1018-5941
10.5089/9781451846263.001 doi
Corporate Income Tax
Tax Reform
Tax Structure
Taxation
Argentina
Bolivia
Dominican Republic
El Salvador
Mexico