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This paper presents the results of applying the Revenue Administration Gap Analysis Program - Value-Added Tax (RA-GAP VAT) gap estimation methodology to Belgium for the period 2011-2021. The RAGAP methodology employs a top-down approach for estimating the potential VAT base, using statistical...
Persistent link: https://www.econbiz.de/10015059438
This report reviews the Goods and Services Tax (GST) regime in the Maldives and identifies policy and legal reform options to support its modernization, as well as enhancing efficiency, equity, and revenue mobilization. Despite five existing amendments to the Goods and Services Tax Act (GSTA)...
Persistent link: https://www.econbiz.de/10015060338
The Australian legal and regulatory framework for securities markets exhibits a high level of compliance with the International Organization of Securities Commissions (IOSCO) Principles. A few remaining concerns need to be resolved, including some identified in the 2006 assessment. Australian...
Persistent link: https://www.econbiz.de/10009679485
Australia has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision (BCPs …
Persistent link: https://www.econbiz.de/10009679486
The insurance industry in Australia has weathered the global financial crisis well and was resilient to the …
Persistent link: https://www.econbiz.de/10009679487
Australia has a history of few bank failures, even fewer financial crises, and its banking sector emerged from the …
Persistent link: https://www.econbiz.de/10009679489
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014410849
This Selected Issues paper examines macroeconomic impact of migration in Australia. Migration in Australia has … become even more important as the population natural growth rate declines. Australia attracts some of the best … migration is challenging, but within Australia, migration surges have historically been associated with higher growth and …
Persistent link: https://www.econbiz.de/10015058757
This Selected Issues paper analyzes inflation dynamics in Australia, with a special focus on wages. The paper finds … inflation dynamics in Australia are similar to what is seen in most advanced economies in recent quarters, with inflation … remain subdued, given robust evidence of the Phillips curve relationship in Australia, it is expected to pick up. Inflation …
Persistent link: https://www.econbiz.de/10015059757
trade, Australia has reached a stronger cyclical position than many other advanced economies, with limited scarring …. Inflation has risen to significantly above target, prompting decisive monetary policy tightening. Financial conditions have … since tightened, and housing prices started declining from their peak. Australia is on a narrow path to a soft landing …
Persistent link: https://www.econbiz.de/10015059758