The Bahamas : Tax Reforms for Increased Buoyancy.

This paper focuses on tax reforms for increased buoyancy in The Bahamas. The Bahamas has a low tax effort owing to limited tax handles and underutilization of available ones. Real property tax collections as percent of GDP have doubled within a decade. In addition to the real property taxes, a gradu...

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书目详细资料
企业作者: International Monetary Fund. Fiscal Affairs Dept
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2014.
丛编:IMF Staff Country Reports; Country Report ; No. 2014/017
在线阅读:Full text available on IMF
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245 1 4 |a The Bahamas :   |b Tax Reforms for Increased Buoyancy. 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This paper focuses on tax reforms for increased buoyancy in The Bahamas. The Bahamas has a low tax effort owing to limited tax handles and underutilization of available ones. Real property tax collections as percent of GDP have doubled within a decade. In addition to the real property taxes, a graduated stamp duty on the conveyance of immovable property is imposed at fairly steep rates. As a requirement to World Trade Organization membership, the tariff rates will be lowered from their current levels. It is expected that revenue losses from tariff reduction will be compensated by value-added tax revenues. 
538 |a Mode of access: Internet 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2014/017 
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