Tax structures in developing countries: Many puzzles and a possible explanation
نویسندگان
چکیده
منابع مشابه
Finance and Tax Structures in Developing Countries: Many Puzzles and a Possible Explanation
The past academic literature on tax policy has focused almost entirely on the analysis of tax structures in the richest countries, particularly the U.S. Overall the optimal tax models explain reasonably well the observed tax policies in these countries. As summarized in Gordon (2000), for example, past theoretical work suggests that taxes on consumption or labor income should dominate use of ca...
متن کاملTax Structures in Developing Countries: Many Puzzles and a Possible Explanation
The past academic literature on tax policy has focused almost entirely on the analysis of tax structures in the richest countries, particularly the U.S. Overall the optimal tax models explain reasonably well the observed tax policies in these countries. As summarized in Gordon (2000), for example, past theoretical work suggests that taxes on consumption or labor income should dominate use of ca...
متن کامل1 Tax Structures in Developing Countries : Many Puzzles and a Possible Explanation
Tax policies seen in developing countries are puzzling on many dimensions. To begin with, revenue/GDP is surprisingly small compared with that in developed economies. Taxes on labor income play a minor role. Taxes on consumption are important, but effective tax rates vary dramatically by firm, with many firms avoiding taxes entirely by operating through cash in the informal economy and others f...
متن کاملTax Structures in Developing Countries:
Tax policies seen in developing countries are puzzling on many dimensions, given the sharp contrast between these policies and both those seen in developed countries and those forecast in the optimal tax literature. In this paper, we explore how forecasted policies change if firms can successfully evade taxes by conducting all business in cash, thereby avoiding any use of the financial sector. ...
متن کاملCapital Structures in Developing Countries
This study uses a new data set to assess whether capital structure theory is portable across countries with different institutional structures. We analyze capital structure choices of firms in ten developing countries, and provide evidence that these decisions are affected by the same variables as in developed countries. However, there are persistent differences across countries, indicating tha...
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ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2009
ISSN: 0047-2727
DOI: 10.1016/j.jpubeco.2009.04.001