Innovations In Tax Compliance

Author : Roel Dom,Anna Custers,Stephen Davenport,Wilson Prichard
Publisher : World Bank Publications
Page : 402 pages
File Size : 45,9 Mb
Release : 2022-01-19
Category : Business & Economics
ISBN : 9781464817724

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Innovations in Tax Compliance by Roel Dom,Anna Custers,Stephen Davenport,Wilson Prichard Pdf

Recent decades have witnessed important progress in strengthening tax systems in developing countries. Yet many areas of reform have remained stubbornly resistant to major improvements; overall revenue collection still falls short of what is needed to support effective governance and service delivery, while tax collection is too often characterized by high rates of evasion among large corporations and the rich and disproportionate, though often hidden, burdens on lower-income groups. As countries around the world deal with large COVID-19-induced debt burdens, a focus on strengthening tax systems is especially timely. Innovations in Tax Compliance draws on recent research and experience to present a new conceptual framework to guide more effective approaches to reform. Building on the achievements of recent decades, it argues for an expanded focus on the overlapping goals of building trust, navigating political resistance, and tailoring reform to unique local contexts through a focus on identifying the most binding constraints on reform. This focus, it argues, can lead not only to greater compliance, increased fairness, and higher revenues, but can also contribute to the building of state capacity, sustained political support for further reforms, and stronger fiscal contracts between citizens and governments.

Author : OECD
Publisher : OECD Publishing
Page : 355 pages
File Size : 54,8 Mb
Release : 2021-09-15
Category : Electronic
ISBN : 9789264424081

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Tax Administration 2021 Comparative Information on OECD and other Advanced and Emerging Economies by OECD Pdf

This report is the ninth edition of the OECD's Tax Administration Series. It provides internationally comparative data on aspects of tax systems and their administration in 59 advanced and emerging economies.

Author : Chris Evans
Publisher : Unknown
Page : 128 pages
File Size : 43,6 Mb
Release : 2018
Category : Electronic
ISBN : 9087224540

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Improving Tax Compliance in a Globalized World by Chris Evans Pdf

Author : Ms.Anja Baum,Mr.Sanjeev Gupta,Elijah Kimani,Mr.Sampawende J Tapsoba
Publisher : International Monetary Fund
Page : 31 pages
File Size : 48,6 Mb
Release : 2017-11-17
Category : Business & Economics
ISBN : 9781484330180

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Corruption, Taxes and Compliance by Ms.Anja Baum,Mr.Sanjeev Gupta,Elijah Kimani,Mr.Sampawende J Tapsoba Pdf

This paper revisits the effects of corruption on the state’s capacity to raise revenue, building on the existing empirical literature using new and more disaggregated data. We use a comprehensive dataset for 147 countries spanning 1995-2014, compiled by the IMF. It finds that—consistent with the existing literature—corruption is negatively associated with overall tax revenue, and most of its components. This relationship is predominantly influenced by the way corruption interacts with tax compliance. The establishment of large taxpayer offices improves tax compliance by dampening the perception of corruption, thereby boosting revenue.

Author : Colin Read,Greg N. Gregoriou
Publisher : Elsevier
Page : 391 pages
File Size : 55,9 Mb
Release : 2007-04-13
Category : Business & Economics
ISBN : 9780750683715

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International Taxation Handbook by Colin Read,Greg N. Gregoriou Pdf

Description and extensions of the capital income effective tax rate literature / M.M. Ruiz, F. Gérard, M. ; p. 11- 41.

Author : Andrew Okello
Publisher : International Monetary Fund
Page : 38 pages
File Size : 54,9 Mb
Release : 2014-03-11
Category : Business & Economics
ISBN : 9781475525694

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Managing Income Tax Compliance through Self-Assessment by Andrew Okello Pdf

Modern tax administrations seek to optimize tax collections while minimizing administration costs and taxpayer compliance costs. Experience shows that voluntary compliance is best achieved through a system of self-assessment. Many tax administrations have introduced self-assessment principles in the income tax law but the legal authority is not being consistently applied. They continue to rely heavily on “desk” auditing a majority of tax returns, while risk management practices remain largely underdeveloped and/or underutilized. There is also plenty of opportunity in many countries to enhance the design and delivery of client-focused taxpayer service programs, and better engage with the private sector and other stakeholders.

Author : Mr.Matthieu Bellon,Jillie Chang,Ms.Era Dabla-Norris,Salma Khalid,Frederico Lima,Enrique Rojas,Pilar Villena
Publisher : International Monetary Fund
Page : 36 pages
File Size : 54,8 Mb
Release : 2019-11-01
Category : Business & Economics
ISBN : 9781513513713

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Digitalization to Improve Tax Compliance: Evidence from VAT e-Invoicing in Peru by Mr.Matthieu Bellon,Jillie Chang,Ms.Era Dabla-Norris,Salma Khalid,Frederico Lima,Enrique Rojas,Pilar Villena Pdf

This paper examines the impact of e-invoicing on firm tax compliance and performance using administrative tax data and quasi-experimental variation in the rollout of VAT electronic invoicing in Peru. We find that e-invoicing increases reported firm sales, purchases and value-added by over 5 percent in the first year after adoption. The impact is concentrated among smaller firms and sectors with higher rates of non-compliance, suggesting that e-invoicing enhances compliance by lowering compliance costs and strengthening deterrence. The reform’s positive effects on tax collection are hindered by shortcomings in the VAT refund mechanism in Peru, suggesting that digital tools such as e-invoicing should be complemented by other reforms to improve revenue mobilization.

Author : Munawer Sultan Khwaja,Rajul Awasthi,Jan Loeprick
Publisher : World Bank Publications
Page : 157 pages
File Size : 40,5 Mb
Release : 2011-06-08
Category : Business & Economics
ISBN : 9780821387542

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Risk-Based Tax Audits by Munawer Sultan Khwaja,Rajul Awasthi,Jan Loeprick Pdf

"Revenue administration is a major interface between the state and its citizens. A good revenue administration is, therefore, an important attribute of good government. As a result, in recent years, policy makers have become increasingly aware of the importance of policies that will promote business development while ensuring voluntary tax compliance. In the modern context, it is neither desirable nor feasible to examine or inspect every single taxpayer. The revenue administration, therefore, has to rely on effective management of compliance. Promoting voluntary compliance, achieved through a self-assessment system in which taxpayers comply with their tax obligations without intervention from tax officials, requires developing modern approaches to audits based on risk management. The impact of audits critically depends on a properly designed audit selection strategy focused on high-risk taxpayers to provide the most cost-effective outcome. This, in itself, contributes to promoting voluntary compliance. Risk-based country audits: approaches and country experiences are an important study of this critical revenue function of compliance management."--Publisher's website.

Author : Henry Aaron,Joel Slemrod
Publisher : Rowman & Littlefield
Page : 420 pages
File Size : 45,6 Mb
Release : 2004-05-20
Category : Political Science
ISBN : 0815796560

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The Crisis in Tax Administration by Henry Aaron,Joel Slemrod Pdf

People pay taxes for two reasons. On the positive side, most people recognize, even if grudgingly, that payment of tax is a duty of citizenship. On the negative side, they know that the law requires payment, that evasion is a crime, and that willful failure to pay taxes is punishable by fines or imprisonment. The practical questions for tax administration are how to strengthen each of these motives to comply with the law. How much should be spent on enforcement and how should enforcement be organized to promote these objectives and achieve the best results per dollar spent? Over the last few years, the U.S. Congress has restricted spending on tax administration, forcing the Internal Revenue Service to curtail enforcement activities, at the same time, that the number of individual filers has increased, tax rules have become more complex, and more business have become multinational operations. But if too many cases of tax evasion go undetected and unpunished, those who may have grudgingly paid their taxes may soon find it easier to join the scofflaws. These events in combination have created a genuine crisis in tax administration. The chapters in this volume evaluate the capacity of authorities to enforce the tax laws in a modern, global economy and examine the implications of failing to do so. Specific aspects of tax law, including tax shelters, issues relating to small businesses, tax software, role of tax preparers, and the objectives of tax simplification are examined in detail. The volume also builds a conceptual basis for future scholarship, with regard not only to tax administration, but also to such fundamental questions as whether taxpayers respond mostly to economic incentives or are influenced by their experiences with the filing process and what is the proper framework for evaluating the allocation of resources within the IRS.

Author : Ms.Era Dabla-Norris,Florian Misch,Mr.Duncan Cleary,Munawer Khwaja
Publisher : International Monetary Fund
Page : 40 pages
File Size : 42,5 Mb
Release : 2017-04-14
Category : Business & Economics
ISBN : 9781475595161

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Tax Administration and Firm Performance by Ms.Era Dabla-Norris,Florian Misch,Mr.Duncan Cleary,Munawer Khwaja Pdf

Tax compliance costs tend to be disproportionately higher for small and young businesses. This paper examines how the quality of tax administration affects firm performance for a large sample of firms in emerging market and developing economies. We construct a novel, internationally comparable, and multidimensional index of tax administration quality (the TAQI) using information from the Tax Administration Diagnostic Assessment Tool. We show that better tax administration attenuates the productivity gap of small and young firms relative to larger and older firms, a result that is robust to controlling for other aspects of tax policy and of economic governance, alternative definitions of small and young firms, and measures of the quality of tax administration. From a policy perspective, we provide evidence that countries can reap growth and productivity dividends from improvements in tax administration that lower compliance costs faced by firms.

Author : Organization for Economic Cooperation and Development
Publisher : Organization for Economic Co-Operation & Development
Page : 0 pages
File Size : 48,6 Mb
Release : 2017-06
Category : Fiscal policy
ISBN : 9264279113

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Tax Administration 2017 by Organization for Economic Cooperation and Development Pdf

This edition of the series provides internationally comparative data on aspects of tax systems and their administration in 55 advanced and emerging economies. It covers all jurisdictions that were members of the OECD's Forum on Tax Administration (FTA) at the launch of the 2016 tax administration survey. In addition, it includes information on Peru, that became a member of the FTA in March 2017; the non-FTA jurisdictions that are members of the European Union (i.e. Bulgaria, Croatia, Cyprus, Malta, and Romania); as well as Morocco (which increases the reports' geographical coverage).

Author : John Brondolo,Zhiyong Zhang
Publisher : International Monetary Fund
Page : 128 pages
File Size : 40,9 Mb
Release : 2016-03-17
Category : Business & Economics
ISBN : 9781484301111

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Tax Administration Reform in China by John Brondolo,Zhiyong Zhang Pdf

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.

Author : Jason Clemens
Publisher : The Fraser Institute
Page : 208 pages
File Size : 43,6 Mb
Release : 2008
Category : Fiscal policy
ISBN : 9780889752290

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The Impact and Cost of Taxation in Canada by Jason Clemens Pdf

"There is increasing interest in, and recognition of, the need for both tax reduction and tax reform in Canada. This book provides the rationale for tax reform and a road map for that reform. The book includes 5 chapters from leading experts in the field and provides a persuasive, compelling case for tax reform in Canada." "The Impact of Taxes on Economic Behavior by Milagros Palacios and Kumi Harischandra offers a broad overview of the incentive effects associated with taxes that affect our decisions to work more, to save, to invest, and to engage in entrepreneurial activity." "Compliance and Administrative Costs of Taxation in Canada by renowned University of Montreal economics professor Francois Vaillancourt and Jason Clemens provides readers with an understanding of the vast costs associated with administering, and complying with, our current tax system."--BOOK JACKET.

Author : OECD
Publisher : OECD Publishing
Page : 150 pages
File Size : 46,5 Mb
Release : 2021-11-24
Category : Electronic
ISBN : 9789264724785

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Building Tax Culture, Compliance and Citizenship A Global Source Book on Taxpayer Education, Second Edition by OECD Pdf

Widespread voluntary tax compliance plays a significant role in countries’ efforts to raise the revenues necessary to achieve Sustainable Development Goals. As part of this process, governments are increasingly reaching out to taxpayers – current and future – to teach, communicate and assist them in order to foster a “culture of compliance” based on rights and responsibilities, in which citizens see paying taxes as an integral aspect of their relationship with their government.

Author : Jit B. S. Gill
Publisher : World Bank Publications
Page : 64 pages
File Size : 41,6 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 0821347802

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A Diagnostic Framework for Revenue Administration by Jit B. S. Gill Pdf

A systematic diagnosis of a revenue administration is a prerequisite to developing a successful strategy for its reform. However, given the complexity of tax and customs administration, this is not a simple task. A host of external and internal factors need to be analyzed to uncover the roots of organizational and institutional dysfunction. Also, the diagnosis needs to be done in a participatory manner to build consensus around the causes for inadequate performance and their remedies. This framework enables a step-by-step analysis of the environment, history, resources, strategy, transformation processes, outputs and feedback mechanisms of the revenue administration system, with a view to identifying systemic deficiencies that lead to inefficiency and ineffectiveness in its operations. Besides a detailed set of diagnostic questions for each area of analysis, the framework provides illustrations of frequently encountered problems and their possible remedies. The framework can be used in a group setting involving different stakeholders, to guide brainstorming sessions and draft reform strategies.