seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data for 1956-95 and 1964 …-97, respectively. The empirical results indicate that Pakistan’s fiscal behavior is consistent with tax smoothing, but not Sri Lanka …

Despite the significant progress in recent years, Pakistan's tax revenue remains low relative to comparator countries …

This paper provides an ex ante assessment of taxation reforms being considered in Pakistan, in order to widen the tax … currently low tax to GDP ratio in Pakistan. Almost all simulations result in a decrease in investment levels, reduced …

The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP …, Pakistan needs to embrace substantial changes in tax policy aimed at increasing the buoyancy of the tax system, broadening the … for a comprehensive reform of tax policy in Pakistan. In the final analysis, the success of tax reform will depend less on …

The main message of this report is that Pakistan can take measures to increase the tax to gross domestic product (GDP …, Pakistan needs to embrace substantial changes in tax policy aimed at increasing the buoyancy of the tax system, broadening the … for a comprehensive reform of tax policy in Pakistan. In the final analysis, the success of tax reform will depend less on …

Despite the significant progress in recent years, Pakistan's tax revenue remains low relative to comparator countries …