Options for Low Income Countries’ Effective and Efficient Use of Tax Incentives for Investment
Keywords
REVENUESTAXABLE INCOME
BENEFICIARY
TAX RULES
PERSONAL INCOME
TAX LAW
TAX REVENUE
INVESTMENTS
STOCK
PROFIT
DEBT
VALUATION
CORPORATE TAX RATE
EFFECTIVE TAX RATES
TAX ALLOWANCES
DEVELOPING COUNTRY
INVESTOR
TAX BASE
TAX
DEVELOPING COUNTRIES
TAX POLICY
HOST COUNTRY
FOREIGN DIRECT INVESTMENT
GUARANTEES
GLOBALIZATION
RULE OF LAW
SHAREHOLDERS
CAPITAL INVESTMENT
CAPACITY CONSTRAINTS
INVESTMENT CHOICES
TAX POLICIES
INVESTMENT BEHAVIOR
INSTRUMENTS
TAX LIABILITIES
TAX SAVINGS
GOVERNMENT REVENUE
HOLDING
BONDS
BUDGETING
LEGAL INSTRUMENTS
CAPITAL STOCK
LOAN GUARANTEES
TAX DEDUCTIBLE
LEGAL FRAMEWORK
INVESTMENT DECISIONS
REAL INTEREST
MARKET
TAX EXEMPTIONS
TAX CREDITS
FEDERAL TAX
TRANSPARENCY
SUBSIDIES
OPPORTUNITY COST
INTANGIBLE ASSETS
EXCHANGE
CHECK
MARKETS
PERSONAL INCOME TAXES
PROPERTY
INTEREST EXPENSE
TURNOVER
FUTURE
GOVERNMENT BONDS
TAX INCENTIVE
INTANGIBLE
TAX REVENUES
ACCOUNTING
TAX EXPENDITURES
RETURNS
TAX PROVISION
LIABILITIES
EQUITY
TAX ADMINISTRATION
INSURANCE
DISCOUNT
COMPLIANCE GAP
TAX LAWS
MICRO-DATA
DOMESTIC CAPITAL
TAX LIABILITY
INSTRUMENT
PARTIAL CREDIT
TAX CONCESSIONS
ALTERNATIVE INVESTMENTS
TAX SYSTEM
CORPORATE TAX RATES
REAL INTEREST RATE
WITHHOLDING TAX
EXPENDITURES
PROPERTIES
TAX REGULATIONS
BENEFICIARIES
PERSONAL INCOME TAX
BALANCE SHEET
TAX SYSTEMS
GOVERNMENT ACCOUNTS
INVENTORIES
FINANCE
LIFE INSURANCE
TAX REFORM
INFLATION RATE
CURRENCY
TAX REGIME
BUDGETS
GLOBAL ECONOMY
TAX PROVISIONS
PROFITS
DIRECT INVESTMENT
CORPORATE INCOME TAX
DISCOUNT RATE
INCOME TAX REFORMS
TAX CREDIT
SHARE
INTEREST
TAXPAYERS
TAX COMPETITION
GOVERNMENT REVENUES
TAX WEDGE
WITHHOLDING TAXES
TAXATION
TAX BASES
CORPORATE TAX
INTERNATIONAL INVESTMENTS
REVENUE
INCOME TAX
DEDUCTIONS
INCOME TAXES
ASSET CLASSES
TAX REGIMES
TAX COMPLIANCE
MACROECONOMIC DATA
EXPENDITURE
PUBLIC FUNDS
CORPORATE INCOME TAXES
MARKET STRUCTURE
TAX BURDENS
LIABILITY
LOAN
INVESTMENT TAX CREDITS
BUDGET
OPTIONS
TAX REFORMS
BUSINESS TAX
TAX RETURNS
TAX RETURN
CASH SUBSIDIES
INVENTORY
TAX RATE
EQUIPMENT
TAXES
TAX DEDUCTION
GOODS
MONETARY FUND
INFLATION
TAX INCENTIVES
RATE OF RETURN
INVESTORS
PUBLIC FINANCE
INVESTMENT PROJECTS
INVESTMENT TAX CREDIT
GOOD
INTEREST RATE
CASH FLOW
TELECOMMUNICATIONS
INVESTMENT
FOREIGN INVESTMENT
TAX PLANNING
TAX EXPENDITURE
TAX RATES
RETURN
TAX CODE
STOCKS
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Show full item recordOnline Access
http://hdl.handle.net/10986/22924Abstract
This background paper describes five
 different tools that can be used for the assessment of tax
 incentives by governments in low income countries’ (LICs).
 The first tool (an application of cost-benefit analysis)
 provides an overarching framework for assessment.
 Evaluations of the various costs and benefits of tax
 incentives are vital for informed decision making, but are
 rarely undertaken, partly because it can be a difficult
 exercise that is demanding in terms of data needs. The next
 three tools (tax expenditure assessment, corporate micro
 simulation models, and effective tax rate models) can be
 used as part of a comprehensive cost-benefit analysis, to
 shed light on particular aspects. Effective tax rate models
 shed light on the implications of tax parameters - including
 targeted tax incentives - on investment returns and help
 understand the implications of reform for expected
 investment outcomes. The document presents two tools for
 assessing the transparency and governance of tax incentives
 in LICs. These discuss principles in transparency and
 governance of tax incentives, and allow for benchmarking
 existing LIC practices against better alternatives.Date
2015-11-09Type
Working PaperIdentifier
oai:openknowledge.worldbank.org:10986/22924http://hdl.handle.net/10986/22924
Copyright/License
CC BY 3.0 IGOCollections
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