Tax revenue

On the revenue side, significant measures aimed at expanding the revenue base and increasing the elasticity of the tax system were adopted.

Some LDCs have made progress in undertaking tax reform, broadening the non tax revenue base and improving the efficiency of financial institutions.

On the revenue side, those countries adopted measures aimed at expanding the revenue base, increasing the elasticity of their tax systems and improving the efficiency and effectiveness of their tax administration.

And, while raising so much revenue with so low a tax rate sounds grand, the declining volume of trades would shrink the tax base precipitously.

And, while raising so much revenue with so low a tax rate sounds grand, the declining volume of trades would shrink the tax base precipitously.

Head of Tax Treaty Negotiations, Inland Revenue.

Half of tax revenue is collected with a value added tax, which is essentially a tax on consumption.

Tax hikes lower consumption and raise revenue in the medium term a 10 higher tax means about 7 higher revenue over the medium term.

In Germany the issue is the distribution of tax revenue.

The Internal Revenue Service sees no increase in tax cheating.

Also, IMF provides to OECD data on non tax revenue for use in its publication Revenue Statistics.

Another major cause of poor revenue performance is tax evasion due to laxity in tax administration.

Initiatives to increase the revenue base and optimise spending were developed.

In 1999, debt service payments reached about 80 of planned tax revenue.

It reduces tax revenue and thus the resources available for public services .

And fourthly, it is important to expand the tax base.

For a given size of government, the method of raising tax revenue matters.

But paying decent salaries for honest government bureaucrats and judges requires tax revenue.

The resulting revenue loss could be offset by raising the corporate tax rate.

The mine accounts for 13.5 of Mongolia's GDP and 7 of tax revenue.

This can include broadening the tax base, reducing tax avoidance and evasion, improving tax collection, and developing new, cooperative international taxation strategies.

Tax revenue accounted for approximately US 28.9 million, or 47 per cent of total revenue (45 per cent of 1992 revised estimates).

Other non tax revenue was estimated at US 13.6 million, or 22 per cent (24 per cent for the 1992 revised revenue).

Adequate taxation of high income individuals and high profit companies, together with strong and sustained efforts to reduce tax avoidance, will become even more vital to defend the revenue base.

Virginia, at 28 percent, generates the least amount of tax revenue, proportionately, from business.

Maryland collected 1 billion in corporate income tax revenue, the most in the region.

He started his professional life as a tax attorney with the Internal Revenue Service.

So what else can eurozone governments do to raise revenue as their economies recover? Most economists favor finding ways to broaden the tax base for example, by eliminating special deductions and privileges in order to keep marginal tax rates low.

More than half of the District's tax revenue, 56 percent, comes from business taxes, while 36 percent of Maryland's revenue comes from firms.

Tax reforms have concentrated on expanding the base, thus avoiding the higher tax rates and adverse effects on incentives.

Here, the revenue loss could be offset by an increase in the personal tax rate.

The extra tax revenue that such a rebate would produce would reduce government deficits significantly.

(y) Counterfeiting of currency, credit documents, tax revenue, seals and related assets or their issue

Other sources of revenue included personal and company tax, public works, customs and harbour receipts.

The budget for 1990 91 provided for a strong revenue base and tightly controlled expenditures.

Some jurisdictions impose the higher of an income tax or a tax on an alternative base or measure of income.

According to WTO, in the mid 1990s, tariff revenue accounted for over 30 per cent of general tax revenue in more than 25 developing countries.

These revenue losses could be offset by curtailing so called corporate tax expenditures deductions, credits, and other special tax provisions that subsidize some economic activities while penalizing others and broadening the corporate tax base. Both President Barack Obama s plan for business tax reform and the Simpson Bowles deficit reduction plan propose reducing such expenditures to pay for a reduction in the corporate tax rate.

Reducing the tax rate for companies substantially, while eliminating targeted business tax preferences and broadening the corporate tax base, would increase both investment and workers wages.

Indeed, in contrast, in many Chinese regions, the tax contribution of a single private firm can exceed the combined tax revenue from all SOEs.

The tax reform approved in September of 2014 is intended to increase tax revenue in order to finance education, health and other public services.

To further this trend, most countries have introduced tax reforms aimed at raising additional revenue and ensuring that tax policy complemented their macroeconomic framework.

Chief Budget Analyst and Head of Tax Policy Revenue Unit, Ministry of Finance and National Planning.

As a result, a more efficient tax administration contributed to improved resource mobilization and revenue performance.