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William Joseph Crandall, Elizabeth Gavin, and Mr. Andrew R Masters
This paper presents the results of the International Survey on Revenue Administration (ISORA) deployed during 2016 and covering fiscal years 2014 and 2015. It is made possible by the participation of 135 tax administrations from around the world that provided data.
William Joseph Crandall, Elizabeth Gavin, and Mr. Andrew R Masters

and lower incomes), (2) lower-income jurisdictions (44), and (3) higher-income jurisdictions (60). Highlights of the ISORA 2016 Analysis 1. Performance-related data (filing and payment, including electronic filing and payment; tax arrears and audit; disputes; cost of collection; tax administration resources) Small-state and lower-income jurisdictions generally lag behind higher-income participants in many areas. For example, on-time filing rates for value-added tax (VAT) and corporate income tax (CIT), and electronic filing rates: Higher-income

William Joseph Crandall, Elizabeth Gavin, and Mr. Andrew R Masters

of administrations providing data used to determine the medians for each bar. Filing rates can be computed for roughly 60 percent of the ISORA 2016 participants, translating into a larger set of filing rate values than in previous tax administration surveys. Overall, the VAT on-time filing rate exceeds that of other core tax types. Filing rates in higher-income jurisdictions are without exception higher than for other groups in all taxes. Differences in rates between years are also discernable. This is in part due to different sets of administrations

Concepcion Verdugo Yepes

to strengthen their supervisory and regulatory systems in advance of, or as a result of, the mutual assessment reports. The financial sector makes an important contribution to the economies of many of the higher-income jurisdictions, and these jurisdictions have taken steps to protect the integrity of their financial industry and their reputations. In general countries seek to avoid the stigma of being perceived to be AML/CFT havens and possibly identified by the ICRG as having strategic AML/CFT deficiencies. 26 The AML/CFT domestic policies have generally grown

International Monetary Fund

good compliance was generally observed. On the other hand, weaknesses were encountered more frequently with respect to those recommendations dealing with preventive measures. Compliance with the recommendations is strongest among higher income jurisdictions ( Figure 3 ) where almost all recommendations were rated either compliant or largely compliant in almost 90 percent of the cases. Among this group of countries deficiencies generally related to isolated gaps in legislation or in the standards applied for preventive measures, such as customer identification

Ms. Concha Verdugo Yepes
This paper assesses countries' compliance with the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) international standard during the period 2004 to 2011. We find that overall compliance is low; there is an adverse impact on financial transparency created by the cumulative effects of poor implementation of standards on customer identification; and the current measurements of compliance do not take into account an analysis of ML/FT risk, thereby undermining their credibility and the relevance of some of the policy recommendations taken on their basis. Moreover, we also examine the key role of some cultural, institutional, and financial factors in boosting countries' compliance using econometric analysis.