The Value Added Tax (VAT) was introduced in Singapore in 1994 as a major part of an overall tax reform package and with a strong political commitment to its implementation. As the Singaporean economy has many special features that make it difficult for a generic VAT to function well, such as a...

The strategy for economic growth and development in the Kyrgyz Republic stated in the Comprehensive Development Framework (CDF) is to make the private sector the engine of growth. The CDF report also discusses mining, tourism and other export generating activities as well as domestic...

This article describes the indirect tax revenue simulation model developed for the Treasury Department of Puerto Rico. At the beginning, it delineates the model’s objectives and capabilities and details the array of tax policy measures and major modifications to the present tax system. It then...

Revenue collection requires the intensive exchange of financial information on economic transactions, revenues, expenditures, and incomes with a high degree of voluntary compliance. Furthermore, over the past 15 years the world has experienced a revolution in communication and information...

The system outline here is designed to make the maximum use of the great advances and cost savings arising in modern communication. Fax and electronic mail allow for almost instant communication at very low cost between Bolivia and almost every other country in the world. As a consequence, the...

In this paper an overview is made of the determinants of voluntary tax compliance. Unlike previous treatments of this subject, the cost of taxpayer compliance is considered as an important determinant of overall level of voluntary compliance in a country. A number of ways that tax authorities...

This report highlights the issues relevant to the process of transition to a revenue authority, and analyzed elements of the implementing legislation for this form of tax administration. A revenue authority’s capacity to improve tax collection is tied to the political and bureaucratic...

The 1986 tax reform in Bolivia was comprehensive and highly successful. Since that time the economy has moved from a state of hyperinflation to one of economic stability and growth. As this process continues there will be a need for additional government revenues to develop social and physical...

This report studies the revenue requirement of the Government of Belize in short term as well as the tax reform measure needed to face the longer term revenue requirements of the public sector in an environment where tariffs to international trade are being reduced. The study update a similar...

Tax analysis and forecasting of revenues are of critical importance to governments in ensuring stability in tax and expenditure policies. To augment timely and effective analysis of the revenue aspects of the fiscal policy, governments have increasingly turned toward in-house tax policy units...