Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …

This paper assesses the macroeconomic and distributional impact of personal income tax (PIT) reforms in the U … marginal tax rates; (ii) PIT cuts do 'trickle-down' the income distribution: tax cuts stimulate demand for non …-tradable services which raise the wages and employment prospects of low-skilled workers even if the tax cut is not directly incident on …

Using the post-WWII data of U.S. federal corporate income tax changes, within a Smooth Transition VAR, this paper finds … that the output effect of capital income tax cuts is government debt-dependent: it is less expansionary when debt is high … than when it is low. To explore the mechanisms that can drive this fiscal state-dependent tax effect, the paper uses a DSGE …

This study provides an overview of tax structures in LAC before the COVID-19 pandemic, compares it to OECD countries …, and provides recommendations for growth-friendly and inclusive tax policy reforms. LAC countries collect significantly … lower tax revenue relative to OECD countries and have tax structures that rely excessively on corporate-income taxes (CIT …

In this paper we provide short- and long-run tax buoyancy estimates for 107 countries (distributed between advanced … that: i) for advanced economies both long-run and short-run buoyancies are not different from one; ii) long run tax …

foreign aid on tax revenues. The analysis - carried out on panel data covering 1993-2012 for 111 low- and middle … foreign grants on tax revenue, particularly on taxes on goods and services. The impact of conditionality is strong in … substitute for weak institutions in mitigating the negative effect of aid on tax revenue collection …

-up scenarios, analyzing how improving the efficiency of capital spending and of tax revenue collection affect growth and debt …

inflation levels exhibited during 2003-08, with focused attention to increasing efficiency and compliance in tax revenue … collection. Higher tax revenues can facilitate increases in public investment, which then crowd in private investment. The task …

impact on tax revenue, with strongest improvement felt on taxes on goods and services, including the VAT. Revenue …, revenue conditionality appears to be more effective when targeted to a specific tax. These results hold after controlling for …

How do countries mobilize large tax revenue-defined as an average increase in the tax-to-GDP ratio of 0.5 percent per … year over three years or more? To answer this question, we build a novel dataset covering 55 episodes of large tax revenue … common tax policy measures; (ii) multi-pronged tax administration reforms often go hand in hand with tax policy measures or …