Narrow Your Choices

Refine By Countries

Refine By Series

Refine By Language

Refine By Date

—

Refine By IMF Taxonomy

Refine By JEL Taxonomy

Refine by LOC Taxonomy

Refine By THEMA Taxonomy

  • Print
  • Save

Business and Economics > Corporate Taxation

You are looking at 1 - 10 of 11 items for :

  • Type: Journal Issue x
  • New Zealand x
Clear All Modify Search
Cover IMF Staff Country Reports
Norway: Selected Issues
International Monetary Fund. European Dept.
This Selected Issues paper examines migration patterns in Norway and their implications for estimates of potential output. It applies a new methodology proposed by Borio and others (2013) to estimate potential output by drawing on information about immigration and oil price movements. The paper also provides an overview of the recent trend in immigration in Norway and discusses various estimates of potential output using standard approaches. The results indicate that immigration plays a small but statistically significant role in the estimation of potential output for Norway. The data show that immigration inflows into Norway vary across source countries. The largest share of immigrants is from Poland, accounting for 15 percent of the total in 2012. Immigration patterns in Norway contain both cyclical and structural elements, but the latter seems dominant at least for now. Empirical results also suggest that immigration plays some role in determining potential output, however, its impact is quite small, consistent with the view that the recent immigration patterns are structural.
Keywords:
ISCR; CR; enterprise; HP filter; output gap estimate; mainland GDP output gap; autoregressive output gap term; telecom company; Productivity; Migration; Potential output; Personal income; Corporate income tax; Global
Cover IMF Staff Country Reports
United States: Selected Issues
International Monetary Fund
This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and savings. Households’ consumption-saving decisions have an important bearing on the U.S. economic outlook. This paper demonstrates how households with consistently lower income, which have shown growth in the years prior to the crisis, experienced larger declines in their saving rates and a larger rise in their indebtedness before the crisis, contributing significantly to the dynamics of the mean saving rate.
Keywords:
ISCR; CR; recession; mortgage; saving rate; CIT rate; banking crisis; LTU rate; output loss; Corporate income tax; Income; Residential mortgages; Mortgages; Housing; Global
Cover IMF Staff Country Reports
Republic of Moldova: Selected Issues
International Monetary Fund
The first section of this paper is an attempt to examine the interest rate channel of monetary policy transmission in Moldova and to estimate the strength and the speed of the interest rate pass-through. The next section provides a background on Moldovan financial markets, liquidity conditions, and the current framework of monetary policy. The following section sets out the formal model used to estimate the strength and the speed of the pass-through, and the last session discusses results.
Keywords:
ISCR; CR; CIT rate; rate; wine; wage; wine export; wage growth; tariff system; wage indexation; Corporate income tax; Labor markets; Real wages; Exports; Eastern Europe; Western Europe; Europe; North Africa; Central and Eastern Europe
Cover IMF Working Papers
Tax Policy: Recent Trends and Coming Challenges
Tehmina S. Khan
and
Mr. John Norregaard
This paper provides an overview of the key economic factors that shape tax policy reform in many high-income countries, developing countries, and/or transition economies. The paper describes and evaluates global and regional developments with respect to tax rates and revenue ratios over the last some 20 years, and discusses selected structural reform initiatives that have been high on the policy agenda over this period. In particular, it focuses on developments relating to experiments with the restructuring of corporate tax, the impact of corporate taxes on FDI, key reform initiatives including dual income taxes and flat taxes, as well as the worldwide spread of the VAT and policy developments associated with climate change and natural resource taxation.
Keywords:
WP; income tax; flat tax; tax burden; indirect tax; withholding tax
Cover IMF Working Papers
Personal Income Tax Reform: Concepts, Issues, and Comparative Country Developments
Mr. Howell H Zee
This paper provides a largely nontechnical survey of concepts and issues related to the reform of the personal income tax, covering both base and rate aspects of the tax, as well as fundamental reform options. It also covers recent developments in selected OECD countries.
Keywords:
WP; flat tax; double taxation; retained earnings; tax rate
Cover IMF Staff Country Reports
Canada: Selected Issues
International Monetary Fund
This Selected Issues paper for Canada presents comprehensive and broad-based analysis of the role of domestic and external shocks. Canada’s economic history illustrates the important role played by external as well as domestic macroeconomic disturbances. Canada’s economy slowed in 2001 because of the global slowdown, although by less than in many other countries. In 2003, the recovery has been interrupted by a series of shocks that moderated growth. Fluctuations in Canadian real GDP are explained by external and domestic cycles.
Keywords:
ISCR; CR; bank; tax rate; bank asset; merger guideline; Phillips curve; soundness indicator; IO method; banking system in Canada; demand shock; bank competition; Budget planning and preparation; Macroeconomic and fiscal forecasts; Personal income tax; Global; Europe; Australia and New Zealand; Caribbean
Cover IMF Staff Country Reports
France: Selected Issues
International Monetary Fund
This Selected Issues paper first explains the recent increase in trend growth and then discusses how labor market and tax policies could best sustain it. This study calculates French trend growth estimating simultaneously a Cobb–Douglas production technology and total factor productivity. The main conclusion is that French trend growth indeed increased during the second half of the 1990s to an average annual rate of 2.1 percent, from 1.8 percent in 1993. This was not owing to a recovery of total factor productivity growth.
Keywords:
ISCR; CR; ALMPs Affect Employment; income; labour market; total factor productivity growth; labor market; proportional tax; tax burden; capital service; ALMP exp; Total factor productivity; Personal income tax; Social security contributions; Corporate income tax; Labor taxes; Europe; Global
Cover IMF Working Papers
Does Inflation Targeting Matter?
Niamh Sheridan
and
Laurence M. Ball
This paper asks whether inflation targeting improves economic performance, as measured by the behavior of inflation, output, and interest rates. We compare 7 OECD countries that adopted inflation targeting in the early 1990s to 13 that did not. After the early 1990s, performance improved along many dimensions for both targeting and nontargeting countries. In some cases, the targeters improved by more. However, these differences are explained by the fact that targeters performed worse than nontargeters before the early 1990s, and there is regression towards the mean. Once one controls for this, there is no evidence that inflation targeting improves performance.
Keywords:
WP; inflation targeting country; inflation-targeting dummy; unit inflation shock; inflation expectation; inflation targeters; OECD inflation forecast; Inflation Targeting Regime; inflation-targeting period; trend inflation; inflation persistence; Inflation; Inflation targeting; Corporate income tax; Production growth; Short term interest rates
Cover Improving Large Taxpayers' Compliance
Improving Large Taxpayers' Compliance
A Review of Country Experience
Mr. Olivier P. Benon
,
Ms. Katherine Baer
, and
Mr. Juan Toro R.

Abstract

One area that has not been reviewed in developing countries is the growing focus on different segments of the taxpayer population-including the large taxpayers-as a way to encourage greater stability in public revenue flows, improve the effectiveness and efficiency of tax administration, and introduce innovations in the public sector. Based on a sample of about 40 countries, this paper provides an overview of country practices in terms of the organization, systems, and procedures used by tax administrations to monitor the compliance of the large taxpayers. The paper also reviews the effectiveness of large taxpayer operations in selected developing and transition countries where the IMF has recommended their establishment.

Keywords:
OP; taxpayer; LTU; tax; country; Hungarian LTU; tax administration; headquarters office; large taxpayer; compliance operation; reform strategy; Tax administration core functions; Tax collection; Auditing; Taxpayer services; Asia and Pacific; Eastern Europe; Global; Central and Eastern Europe; Africa
Cover IMF Staff Country Reports
Canada: Selected Issues
International Monetary Fund
The issue of productivity growth in Canada has received considerable attention reflecting its marked slowdown since the early 1970s and concerns about its implications for Canadian competitiveness. To better understand productivity developments in Canada, it is useful to decompose total factor productivity (TFP) into investment-specific productivity change (ISP) and technologically neutral productivity change (TNP). The gap in manufacturing productivity growth between Canada and the United States originates mostly in the strong performance of specific industries, such as electrical products and commercial and industrial machinery.
Keywords:
ISCR; CR; Canada; rate; employer; tax rate; labour market; statistics Canada; employment insurance system; TNP growth; employer pay; unemployment differential; contribution rate; Income tax systems; Corporate income tax; Total factor productivity; Unemployment; Europe; North America