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- Publisher: Asian Development Bank
- ISBN-10: 929270737X
- ISBN-13: 9789292707378
- Format: 21.6 x 27.9 x 0.4 cm, softcover
- Language: English
- SAVE -10% with code: EXTRA
Tax Effort and Tax Potential in Timor-Leste (e-book) (used book) | bookbook.eu
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This report analyzes tax policy reforms needed in Timor-Leste to boost domestic revenue mobilization and help drive more inclusive and sustainable economic growth.
Timor-Leste, one of Southeast Asia's poorest countries, relies heavily on petroleum income to finance its large public expenditure envelope. As a result, the country remains vulnerable to revenue fluctuations which in turn contribute to macroeconomic volatility. This report concludes that a more diversified approach to domestic resource mobilization will reduce such volatility and provide more stability in government finances. To achieve this, it proposes a modern value-added tax is introduced alongside other tax administration reforms, and that these need to be complemented by more efficient public expenditure.
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- Publisher: Asian Development Bank
- ISBN-10: 929270737X
- ISBN-13: 9789292707378
- Format: 21.6 x 27.9 x 0.4 cm, softcover
- Language: English English
This report analyzes tax policy reforms needed in Timor-Leste to boost domestic revenue mobilization and help drive more inclusive and sustainable economic growth.
Timor-Leste, one of Southeast Asia's poorest countries, relies heavily on petroleum income to finance its large public expenditure envelope. As a result, the country remains vulnerable to revenue fluctuations which in turn contribute to macroeconomic volatility. This report concludes that a more diversified approach to domestic resource mobilization will reduce such volatility and provide more stability in government finances. To achieve this, it proposes a modern value-added tax is introduced alongside other tax administration reforms, and that these need to be complemented by more efficient public expenditure.
Reviews