Format:
Online-Ressource (34 p)
Edition:
Online-Ausg.
ISBN:
1451844573
,
9781451844573
Series Statement:
IMF Working Papers Working Paper No. 92/28
Content:
This paper studies an optimal tax problem for a small open economy where collecting taxes is costly. It is shown that, in the presence of collection costs modeled as an increasing function of the tax rate: (a) the standard rules of optimal commodity taxation (the Ramsey, the inverse elasticity, the Corlett-Hague rules) may no longer be valid; (b) tariffs may replace domestic taxes as a second-best revenue-raising device; and (c) the optimal tariff/tax structure may be uniform rather than differentiated
Additional Edition:
Erscheint auch als Druck-Ausgabe Mihaljek, Dubravko Tariffs, Optimal Taxes, and Collection Costs Washington, D.C. : International Monetary Fund, 1992 ISBN 9781451844573
Language:
English
DOI:
10.5089/9781451844573.001
