Collecting Taxes During an Economic Crisis: Challenges and Policy Options

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Collecting Taxes During an Economic Crisis: Challenges and Policy Options by John Brondolo, INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: John Brondolo ISBN: 9781452786650
Publisher: INTERNATIONAL MONETARY FUND Publication: July 14, 2009
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: John Brondolo
ISBN: 9781452786650
Publisher: INTERNATIONAL MONETARY FUND
Publication: July 14, 2009
Imprint: INTERNATIONAL MONETARY FUND
Language: English

The global financial and economic crisis presents major challenges for tax agencies. With the economic downturn, tax agencies are encountering emerging compliance problems and greater demands for taxpayer support in the face of prospective budget cuts. To help address these challenges, this paper encourages tax agencies to develop a tax compliance strategy for the crisis by (1) expanding assistance to taxpayers, (2) refocusing enforcement on emerging compliance risks, (3) enacting legislative reforms that facilitate tax administration, and (4) improving communication programs. In each of these areas, the paper identifies specific measures to underpin the strategy, drawing on practices from leading tax agencies and experiences from IMF technical assistance. The paper also highlights emerging tax compliance issues in the financial sector.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The global financial and economic crisis presents major challenges for tax agencies. With the economic downturn, tax agencies are encountering emerging compliance problems and greater demands for taxpayer support in the face of prospective budget cuts. To help address these challenges, this paper encourages tax agencies to develop a tax compliance strategy for the crisis by (1) expanding assistance to taxpayers, (2) refocusing enforcement on emerging compliance risks, (3) enacting legislative reforms that facilitate tax administration, and (4) improving communication programs. In each of these areas, the paper identifies specific measures to underpin the strategy, drawing on practices from leading tax agencies and experiences from IMF technical assistance. The paper also highlights emerging tax compliance issues in the financial sector.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Foreign Direct Investment in China: Some Lessons for Other Countries by John Brondolo
Cover of the book Spain: Converging with the European Community by John Brondolo
Cover of the book Non-G-10 Countries and the Basle Capital Rules - How Tough a Challenge is it to Join the Basle Club? by John Brondolo
Cover of the book Monetary Union Among Member Countries of the Gulf Cooperation Council by John Brondolo
Cover of the book What Macroeconomists Should Know about Health Care Policy by John Brondolo
Cover of the book Growth and Poverty Reduction in Armenia: Achievements and Challenges by John Brondolo
Cover of the book The IMF and Recent Capital Account Crises: Indonesia, Korea, Brazil by John Brondolo
Cover of the book Economic Integration and the Exchange Rate Regime: Some Lessons from Canada by John Brondolo
Cover of the book The Case for Global Fiscal Stimulus by John Brondolo
Cover of the book Changing Patterns of Global Trade by John Brondolo
Cover of the book Macroeconomic Issues Facing ASEAN Countries by John Brondolo
Cover of the book Regional Economic Outlook: Asia and Pacific (April 2008) by John Brondolo
Cover of the book Regional Economic Outlook, Middle East and Central Asia, October 2014 by John Brondolo
Cover of the book Aging and Social Expenditure in the Major Industrial Countries, 1980-2025 by John Brondolo
Cover of the book Recent Economic Developments, Prospects, and Progress in Institution Building in the West Bank and Gaza Strip by John Brondolo
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy