Tax Administration and the Small Taxpayer [electronic resource]
- Shome, Parthasrathi
- Washington : International Monetary Fund May 2004
- Physical Description:
- 24 p.
- Restrictions on Access:
- License restrictions may limit access.
- Annotation Small taxpayers should pay their appropriate revenue share while their compliance costs should be reduced. This assumes importance as restructuring in emerging markets has meant rapid growth in services through self-employed small entrepreneurs, who have good revenue potential. Administrative facilitators such as a single tax covering income tax, VAT, and social security tax, at a reduced rate, do not lower tax evasion. They increase vertical and horizontal inequity, and lead to adverse resource allocation. a strategy is needed, extending modernization achieved in large taxpayer units (LTUs) to small taxpayers, including rationalization of collection and reporting of revenue data for policy formulation.
- 9781451974577 and 1451974574 (Trade Paper)
View MARC record | catkey: 15225327