Raising the Consumption Tax in Japan: Why, When, How?

 
Author/Editor: Kang, Kenneth ; Keen, Michael ; Pradhan, Mahmood ; Mooij, Ruud A.
 
Publication Date: June 16, 2011
 
Electronic Access: Free Full text (PDF file size is 591KB).
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Summary: The note will make the case for a substantial increase in the VAT in Japan as a core measure of fiscal consolidation, assess its macroeconomic impact (on real activity and inflationary expectations), consider key elements in its design and implementation (dealing with the distributional consequences; ‘big-bang’ versus preannounced step increases); the importance of retaining a single rate and adopting compensating spending measures as needed) and a range of related issues (such as the pros and (likely even larger) cons of earmarking).
 
Series: Staff Discussion Notes No. 11/13
Frequency: Annually
Subject(s): Value added tax | Japan | Tax revenues | Consumption taxes | Tax increases | Revenue measures

 
English
Publication Date: June 16, 2011
ISBN/ISSN: 9781463902889 Format: Paper
Stock No: SDNEA2011013 Pages: 21
Price:
US$20.00 (Academic Rate:
US$20.00 )
 
 
English
Publication Date: June 16, 2011
ISBN/ISSN: 978-1-58906-960-2 / 2221-030X Format: A web quality merged PDF
Stock No: SDNET2011013 Pages: 21
Price:
Free
 
 
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