Central American Tax Reform: Trends and Possibilities

By Janet Gale Stotsky, Asegedech WoldeMariam

December 1, 2002

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Janet Gale Stotsky, and Asegedech WoldeMariam. Central American Tax Reform: Trends and Possibilities, (USA: International Monetary Fund, 2002) accessed November 23, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

Central American tax systems are modern in their orientation, though there remains scope for beneficial reform. Value-added taxes are the mainstay of collections, but their performance varies. Income and property taxes remain relatively underused and should apply to higher income taxpayers more comprehensively. Tax reform needs to be mindful of global competition. Continuing improvement in administrative performance is also essential.

Subject: Corporate income tax, Income and capital gains taxes, Income tax systems, Personal income tax, Revenue administration, Taxes, Value-added tax

Keywords: Central America, Corporate income tax, Enterprise income tax productivity, Enterprise income tax tax rate, Flat rate, Global, Income and capital gains taxes, Income tax systems, Personal income, Personal income tax, Revenue productivity, Tax burden, Tax rate, Tax Reform, Tax revenue, Taxable income, VAT revenue productivity, WP

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2002/227
Stock No:

WPIEA2272002
ISBN:

9781451875423
ISSN:

1018-5941

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