The growth of value added taxation from its first adoption in France in 1954, to its present implementation by more than sixty countries is unprecedented in the field of taxation. While sixty nations use one or another form of VAT, forty nations have implemented a comprehensive VAT. Its...

Excise taxation is one of the oldest forms of government revenue instruments in the world. It can be traced back to the Han dynasty in china, and Mauryan period in India. The term excise may be attributed to the Dutch, whose duties on bear, sugar, spirits and other goods were called excijsen....

This paper takes a broad approach in the sense that only the fundamental structure elements of each tax system are considered as part of the benchmark tax system. Moreover, this paper will go beyond the traditional tax expenditure reporting by taking into account an ideal tax system with minor...

In preparing this paper we have examined all the major tax systems in the Dominican Republic except the property tax. Our focus was both on the short term revenue requirements of the government as well as on the tax reform measures that are needed in order to meet the longer term revenue...

Over the past two decades the Dominican Republic has used free trade zones (FTZs) to develop a very successful institutional environment for the production of manufacturing exports, primarily for the US market. Through the use of the Free Trade Zones the private sector has developed islands of...

Gaming represents a relatively easy source of taxation revenue. As a result gambling is taxed more highly than most other service or entertainment activities because the demand for wagering is relatively insensitive to its price and the excess burden of such taxes on recreational gamblers may...

Many countries exempt the income of firms operating in their free trade or export processing zones from corporate income taxation. This paper examines both theoretically and empirically the incidence of removing this exemption. The empirical analysis is carried out for the Dominican Republic....