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Political Economy of Multi-Level Tax Assignments in Latin American Countries »

Source: Political Economy of Multi-Level Tax Assignments in Latin American Countries : Earmarked Revenue Versus Tax Autonomy

Volume/Issue: 2008/71

Series: IMF Working Papers

Author(s): Giorgio Brosio , and Ehtisham Ahmad

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2008

ISBN: 9781451869330

Keywords: taxation, property tax, tax administration, tax collections

A weakness of decentralization and overall tax reforms in Latin America is the lack of attention to adequate taxation at the subnational government. A reliance on shared taxes with extensive earmarking leads to wea...

Rethinking Subnational Taxes »

Source: Rethinking Subnational Taxes : A New Look At Tax Assignment

Volume/Issue: 1999/165

Series: IMF Working Papers

Author(s): Richard Bird

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

ISBN: 9781451858037

Keywords: Tax assignment, Subnational taxes, Local business taxes, Regional governments, taxation, sales tax, sales taxes, tax administration

The assignment of revenues in most developing and transitional countries to the central government has arguably facilitated irresponsible behavior by some subnational governments. One way to relieve this problem is...

VIVAT, CVAT and All That »

Source: VIVAT, CVAT and All That : New Forms of Value-Added Tax for Federal Systems

Volume/Issue: 2000/83

Series: IMF Working Papers

Author(s): Michael Keen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2000

ISBN: 9781451850536

Keywords: Fiscal Federalism, vat, tax administrations, federal tax, sales tax, tax administration

Conventional wisdom has it that the value-added tax is not a suitable instrument for lower-level jurisdictions (‘provinces’) in a federal system. The problems that arise when it is so used have become...

The Role of Fiscal Policy in Sustainable Stabilization »

Source: The Role of Fiscal Policy in Sustainable Stabilization : Evidence From Latin America

Volume/Issue: 1997/94

Series: IMF Working Papers

Author(s): Gerd Schwartz , and Teresa Ter-Minassian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1997

ISBN: 9781451950786

Keywords: Stabilization, Latin America, inflation, fiscal adjustment, tax revenue, inflation tax

This paper reviews the role of fiscal policy in a number of stabilization programs in Latin America since the early 1980s. The paper highlights the importance of sustainable fiscal adjustment in stabilization effor...

Taxation in Latin America »

Source: Taxation in Latin America : Structural Trends and Impact of Administration

Volume/Issue: 1999/19

Series: IMF Working Papers

Author(s): Parthasarathi Shome

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1999

ISBN: 9781451843729

Keywords: Latin America, taxation trends, tax administration, tax structure, taxation, personal income tax

From the mid-1980s to early 1990s, Latin American tax policy provided rich lessons for other reforming countries. Meaningful innovations led also to perceptible revenue gains. Later in the 1990s, tax policies began...

Fiscal Rules and Countercyclical Policy »

Source: Fiscal Rules and Countercyclical Policy : Frank Ramsey Meets Gramm-Rudman-Hollings

Volume/Issue: 2003/220

Series: IMF Working Papers

Author(s): Evan Tanner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2003

ISBN: 9781451875225

Keywords: Ramsey approach, tax smoothing, countercyclical policy, primary deficit, tax rates, tax rate, fiscal rules, fiscal rule,

Fiscal rules—legal restrictions on government borrowing, spending, or debt accumulation (like the Gramm-Rudman-Hollings Act in the United States)—have recently been adopted or considered in several co...

Allowances for Corporate Equity in Practice »

Source: Allowances for Corporate Equity in Practice

Volume/Issue: 2006/259

Series: IMF Working Papers

Author(s): Alexander Klemm

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

ISBN: 9781451865196

Keywords: allowance for corporate equity, tax reform, corporate income tax, tax system, tax rates, effective tax rates, Business Taxes and Subsidies including sales and value-added (VAT), Multiple or Simultaneous Equation Models: Models with Panel Data, Ace,

This paper provides an overview of full and partial allowance for corporate equity (ACE) tax systems in practice. In the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies...

Understanding Revenue Administration: An Initial Data Analysis Using the Revenue Administration Fiscal Information Tool »

Source: Understanding Revenue Administration : An Initial Data Analysis Using the Revenue Administration Fiscal Information Tool

Series: Departmental Papers / Policy Papers

Author(s): Andrea Lemgruber , Andrew Masters , and Duncan Cleary

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 May 2015

ISBN: 9781513584829

Keywords: Fiscal management, Revenues, Fiscal policy, Tax policy, Tax administration, tax, revenue, customs, taxes, data

During the past few years, the Fiscal Affairs Department (FAD) has developed the Revenue Administration Fiscal Information Tool (RA-FIT), a tax and customs data gathering initiative. This paper, the first of its ki...

Fiscal Revenue, Inflationary Finance and Growth »

Source: Fiscal Revenue, Inflationary Finance and Growth

Volume/Issue: 1992/23

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1992

ISBN: 9781451921069

Keywords: inflation tax, effects of inflation, discount rate

This paper analyzes the optimal rate of monetary expansion when government resorts to inflationary finance to generate additional investment for enhancing growth. If there are lags in tax collection, an increase in...