Taxation in Latin America : Structural Trends and Impact of Administration

Author/Editor:

Parthasarathi Shome

Publication Date:

February 1, 1999

Electronic Access:

Download PDF. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

From the mid-1980s to early 1990s, Latin American tax policy provided rich lessons for other reforming countries. Meaningful innovations led also to perceptible revenue gains. Later in the 1990s, tax policies began to drift. Shining examples of fundamental reform seemed to lose their luster. Revenue in terms of GDP also stagnated, partly reflecting over-reliance on consumption taxes and neglect of taxable capacity on incomes. The stagnation has been exacerbated by excessively simplified administrative practices. Based on these developments and on the limited taxability of internationally mobile capital, the paper anticipates a likely tax structure for the new century.

Series:

Working Paper No. 99/19

Subject:

English

Publication Date:

February 1, 1999

ISBN/ISSN:

9781451843729/1018-5941

Stock No:

WPIEA0191999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

33

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