How Long to Read Cross-Country Evidence on the Revenue Impact of Tax Reforms

How Long Does it Take to Read Cross-Country Evidence on the Revenue Impact of Tax Reforms?

It takes the average reader and 27 minutes to read Cross-Country Evidence on the Revenue Impact of Tax Reforms by Mr. David Amaglobeli

Assuming a reading speed of 250 words per minute. Learn more

Description

Many countries face the challenge of raising additional tax revenues without hurting economic growth. Comprehensive, cross-country information on the revenue impact of tax policy changes can thus support informed decision-making on viable reforms. We assess the likely revenue impact of various tax policy changes based on a sample of 21 advanced and emerging market economies, using granular information from the IMF Tax Policy Reform Database v.4.0. Our findings suggest that the revenue yield of a tax policy change varies significantly depending on the tax instrument adopted (e.g., VAT or personal income tax) and the nature of the change (i.e., rate, base). For example, in our sample, base-broadening changes to personal and corporate income taxes as well as to excise and property taxes have generally a more significant and long-lasting revenue yields than rate changes. By contrast, rate changes appear to have a relatively more significant revenue impact in the case of VAT and social security contributions. We also observe an asymmetry in the revenue impact of most tax policy measures when controlling for the direction of tax changes (i.e., its significance varies depending on whether taxes are increased or decreased). While our results are based on qualitative information of tax policy changes (i.e., dummy variables), the revenue yields of rate measures are not materially different from those that would be obtained using quantitative information on the size of the change.

How long is Cross-Country Evidence on the Revenue Impact of Tax Reforms?

Cross-Country Evidence on the Revenue Impact of Tax Reforms by Mr. David Amaglobeli is 27 pages long, and a total of 6,939 words.

This makes it 9% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Cross-Country Evidence on the Revenue Impact of Tax Reforms Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 37 minutes to read Cross-Country Evidence on the Revenue Impact of Tax Reforms aloud.

What Reading Level is Cross-Country Evidence on the Revenue Impact of Tax Reforms?

Cross-Country Evidence on the Revenue Impact of Tax Reforms is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Cross-Country Evidence on the Revenue Impact of Tax Reforms?

Cross-Country Evidence on the Revenue Impact of Tax Reforms by Mr. David Amaglobeli is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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