Series: IMF Working Papers
Author(s): Efraim Sadka , and Vito Tanzi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 1992
Keywords: tax base, tax revenues, presumptive taxation, tax liability
A tax on gross assets has been introduced in some developing countries where several factors (most notably, high inflation) enabled apparently viable enterprises to report losses for income tax purposes. The idea o...