UID:
edocfu_9958073089902883
Format:
1 online resource (61 p.)
ISBN:
1-4623-3059-2
,
1-4527-3497-6
,
1-283-41820-7
,
9786613823618
,
1-4519-1290-0
Series Statement:
IMF working paper ; WP/07/274
Content:
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.
Note:
"December 2007".
,
Contents; I. Introduction; II. Factors Shaping International Tax Policy Trends; III. Revenue and Tax Rate Developments: Some Empirical Facts; A. Corporate Income Tax; Figures; 1. Statutory CIT Rates, 1993-2006; 2. Corporate Tax Revenue, 1990-2003; B. Personal Income Tax; 3. Top PIT Rates, 1995-2004.; C. Social Security Contributions and Labor Tax Wedges; 4. PIT and CIT Revenue; 5. Tax Wedges in OECD and EU Countries as a Share of of Total Labor Costs in 2006; 6. Tax Wedges in Central and Eastern Europe and Central Asia (Excluding EU-10 NMS) in 2006
,
7. Direct and Indirect Taxes and Social Security ContributionsIV. An Overview of Key Tax Policy Trends; A. Addressing the Increased Global Mobility of Capital and Labor: Individual Country Responses; 8. Tax Wedge for a "Low-Wage" Employee in OECD Countries; 9. Effective Average Tax Rates on Inbound FDI between OECD Countries, 1996 and 2001; 10. Ratio of Total U.S. FDI to GDP for Four Groups of Countries; Boxes; 1. FDI and Economic Growth in Ireland: What Role did the Tax System Play?; 2. Taxes on Capital Income in an Open Economy; Tables
,
1. Dual Income Taxes (DIT) in the Nordic Countries, 20052. Current Flat Taxes; 3. PIT And CIT Loopholes Closed in the Slovak Tax Reform; B. International Harmonization and Coordination Initiatives; C. The Move Toward Taxing Consumption-and the Spread of the VAT; 11. Trends in Indirect Taxes on Domestic Goods and Services; 4. Taxing Consumption vs. Taxing Income; 12. Trends in Trade Tax Revenues; 13. Tax Revenues from Environmentally-Related Taxes as a Percentage of GDP: OECD Countries, 1994 and 2003; V. Concluding Remarks; References
,
English
Additional Edition:
ISBN 1-4518-6837-5
Language:
English
