| Description |
1 online resource (68 pages) |
| Series |
IMF country report, 2227-8907 ; no. 12/60 |
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IMF country report ; no. 12/60.
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| Contents |
Cover; Contents; Preface; Acronyms; Executive Summary; Tables; 1. Mission Assessment and Key Issues in Implementing Tax Reform Plans; 2. Estimated Revenue Impact; I. Introduction and Progress in Tax Reform; A. Background; B. Progress Made in Implementing the 2010 FAD Mission Recommendations; C. Assessment of the World Bank Recommendations; II. Tax Incentives; A. Overview; B. Effects and Costs of Tax Incentives; C. How does the Philippines Compare with Other Countries?; D. Options for Reforming Tax Incentives; 3. Comparison of Tax Incentive Reform Bills; III. Other CIT Issues; A. Tax Rate |
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B. CooperativesC. Taxation of Capital Gains; D. International Taxation; E. Thin Capitalization; F. Exchange of Information; IV. Excise Taxes; A. Overview; 4. Regional Comparison of Shares of Taxes; 5 Regional Comparison of Tax Structures, as Share of Total Revenues; B. Specific vs. Ad Valorem Tax Rates and the Mixed Use of Both; 6. Comparison of Regional Cigarette and Alcohol Excise Taxes; 7. The Impact of an Ad Valorem Tax on Retail Prices; C. Earmarking Excise Taxes on Tobacco and Alcohol; D. Tobacco Excises; 8. Effect of Specific Excise on the Relative Price of High Quality Brand |
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9. Tax Burden of Current Excise Tax on Tobacco10. The Current Excise Taxes on Tobacco Products and DOF's Proposal; 11. Tax Burden of PHP24 Specific Excise Tax Rate; E. Excise on Alcohol Beverages; 12. The Tax Burden of Excise Taxes on Fermented Liquor and Distilled Spirites: DOF's Proposal; F. Petroleum Excises; G. Excise Taxation of Telecommunication Services; V. Personal Income Tax; A. Rate Schedule; 13. Personal Income Tax: Rate Schedule; 14. Comparison of Maximum Rate Entry Income in Selected Countries; 15. Personal Income Tax: Inflation Adjusted Rate Schedule |
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B. Taxation of Self-Employed16. The Proposed Tax Brackets; 17. Comparison of Self-Employed and Wage Earners; C. Remittance of Citizen Workers Abroad; VI. Mining Taxation Regime; A. Overview of the Existing Regime; 18. Contribution of the Mining Industry to the Philippine Economy; 19. Revenues from Mining Industry as Share of GDP; B. Necessary Reforms; 20. Current Structure of the Mining Fiscal Regime in the Philippines; 21. Additional Characteristics of the Mining Fiscal Regime in the Philippines; VII. Road Map for Tax Reform; 22. Road Map for Feasible Tax Reform Plans; Appendixes |
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1. Main Recommendations of the 2010 FAD Mission2. Regional Comparison of Investment Tax Incentives; 3. Summary of Fiscal Regime for Gold Mining in Selected Gold Producing; 4. Oil Extraction Fiscal Terms in Selected Countries; References |
| Summary |
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries |
| Bibliography |
Includes bibliographical references |
| Notes |
English |
| Subject |
Taxation -- Philippines
|
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Economic history
|
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Economic policy
|
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Taxation
|
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Philippines -- Economic conditions -- 1986-
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Philippines -- Economic policy
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Philippines
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| Form |
Electronic book
|
| Author |
Nakayama, Kiyoshi
|
|
Caner, Seleuk
|
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Mullins, Peter
|
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International Monetary Fund. Fiscal Affairs Department.
|
| ISBN |
9781475585094 |
|
1475585098 |
|
1475571976 |
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9781475571974 |
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