Collecting Taxes During an Economic Crisis: Challenges and Policy Options

Other Publications

Recent Titles

Working Papers in full text
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Country Reports in full text
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Economic Issues in full text
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All

Policy Discussion Papers in full text
2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 All

Author/Editor:		Brondolo, John
Published:	July 14, 2009
Electronic Access:		Free Full Text (PDF file size is 602KB) Use the free Adobe Acrobat Reader to view this PDF file.
Summary: 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.

Series:		Staff Position Note No. 2009/17
Subject(s):		Corporate sector \| Financial crisis \| Fiscal policy \| Tax administration \| Tax collection \| Tax revenues \| Taxes \| Value added tax
Author's keyword(s):	Taxs administration \| financial crisis \| collection of taxes

English


Please address any questions about this title to publications@imf.org.