Technical Assistance to India for Value-added Tax Reform

Technical Assistance to India for Value-added Tax Reform PDF Author: Asian Development Bank
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 14

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Technical Assistance to India for Value-added Tax Reform

Technical Assistance to India for Value-added Tax Reform PDF Author: Asian Development Bank
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 14

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Book Description


Technical Assistance to India for Supporting Fiscal Reforms in Kerala

Technical Assistance to India for Supporting Fiscal Reforms in Kerala PDF Author: Asian Development Bank
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 20

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Tax Administration Reform in China

Tax Administration Reform in China PDF Author: John Brondolo
Publisher: International Monetary Fund
ISBN: 1475523610
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. This paper describes the key features of China’s tax administration and their evolution over the last 20 years. It also identifes emerging challenges to the tax system and areas where further tax administration improvements are needed to sustain tax revenue and reduce taxpayers’ compliance costs in the future.

Maldives

Maldives PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498323383
Category : Business & Economics
Languages : en
Pages : 148

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Book Description
This report reviews tax policy in the Maldives and identifies reform options to support efficiency, equity, and revenue. The absence of a broad-based personal income tax (PIT) generates revenue leakages and significantly diminishes the role of tax policy in income redistribution. A modern tax design requires a holistic view of the taxation of different sources of income and different legal forms of taxpayers to maintain tax neutrality, to the extent possible, while preserving some degrees of progressivity, simplicity, and administrability. Moreover, updating the tax system to cope with recent international developments is vital to safeguard revenues. While strengthening the goods and services tax (GST) can raise revenues in the short- to medium-term, a property tax is an important option for the long-term. The diagram below demonstrates reform priorities, as identified in this report, to modernize tax policy in the Maldives.

Technical Assistance to India to Support Gujarat's Reform of Public Finances

Technical Assistance to India to Support Gujarat's Reform of Public Finances PDF Author:
Publisher:
ISBN:
Category : Asian Development Bank
Languages : en
Pages : 18

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How to Manage Value-Added Tax Refunds

How to Manage Value-Added Tax Refunds PDF Author: Mario Pessoa
Publisher: International Monetary Fund
ISBN: 1513577042
Category : Business & Economics
Languages : en
Pages : 29

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Book Description
The value-added tax (VAT) has the potential to generate significant government revenue. Despite its intrinsic self-enforcement capacity, many tax administrations find it challenging to refund excess input credits, which is critical to a well-functioning VAT system. Improperly functioning VAT refund practices can have profound implications for fiscal policy and management, including inaccurate deficit measurement, spending overruns, poor budget credibility, impaired treasury operations, and arrears accumulation.This note addresses the following issues: (1) What are VAT refunds and why should they be managed properly? (2) What practices should be put in place (in tax policy, tax administration, budget and treasury management, debt, and fiscal statistics) to help manage key aspects of VAT refunds? For a refund mechanism to be credible, the tax administration must ensure that it is equipped with the strategies, processes, and abilities needed to identify VAT refund fraud. It must also be prepared to act quickly to combat such fraud/schemes.

Sub-national Value Added Tax in India

Sub-national Value Added Tax in India PDF Author: Naseem A. Zaidi
Publisher:
ISBN:
Category : Value-added tax
Languages : en
Pages : 262

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Technical Assistance to the Government of India for Capacity Building of Income Tax Administration

Technical Assistance to the Government of India for Capacity Building of Income Tax Administration PDF Author:
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 14

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Technical Assistance (financed by the Government of the United Kingdom) to India for Capacity Building for Fiscal Reforms in Sikkim

Technical Assistance (financed by the Government of the United Kingdom) to India for Capacity Building for Fiscal Reforms in Sikkim PDF Author: Asian Development Bank
Publisher:
ISBN:
Category : Civil service reform
Languages : en
Pages : 18

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Book Description


Russia Rebounds

Russia Rebounds PDF Author: Mr.David Edwin Wynn Owen
Publisher: International Monetary Fund
ISBN: 9781589062078
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
Russia Rebounds analyzes Russia’s dramatic economic recovery since the country’s 1998 financial crisis, emphasizing macroeconomic issues and fiscal and banking sector reforms. The crisis was a massive shock to the system and a considerable surprise to both Russians and foreign investors, who a year before had come to think that the worst of the transition from a centrally planned to a market economy was over. Macroeconomic performance since the crisis has been impressive. The book assesses the contribution of various factors underlying this recovery and highlights key policy challenges to ensure its sustainability.