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Formalisation Through Taxation - Paraguay's Approach and Its Implications (Hardcover, 1st ed. 2019) Loot Price: R1,506
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Formalisation Through Taxation - Paraguay's Approach and Its Implications (Hardcover, 1st ed. 2019): Jonas Richter

Formalisation Through Taxation - Paraguay's Approach and Its Implications (Hardcover, 1st ed. 2019)

Jonas Richter

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Loot Price R1,506 Discovery Miles 15 060 | Repayment Terms: R141 pm x 12*

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In developing countries, such as Paraguay, informality remains a prevalent and persistent issue. Many avoid formal registration with the authorities and evade tax payments. However, a growing academic literature argues for an interrelation between a broader tax base and a country's economic and democratic development. A strand of this literature focuses on the means of taxing the informal sector and argues for positive revenue and growth effects. This Palgrave Pivot analyses Paraguay's 2004 and 2012 tax reforms using both qualitative and quantitative data. It illustrates that the country's personal income tax, as well as other alterations in the tax system, constitute an incentive and nudging mechanism that leads to a formalisation process of economic activity, and consequently to a broader tax base. Using interview and tax data, the book demonstrates how the reform initiates a rising demand of formalised purchases from both customers and businesses. It further suggests a potential way of how the taxpayers respond politically to the enhanced fiscal imperative.

General

Imprint: Springer Nature Switzerland AG
Country of origin: Switzerland
Release date: October 2019
First published: 2019
Authors: Jonas Richter
Dimensions: 210 x 148mm (L x W)
Format: Hardcover
Pages: 117
Edition: 1st ed. 2019
ISBN-13: 978-3-03-029281-2
Categories: Books > Business & Economics > Economics > Development economics
Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Finance & accounting > Finance > Public finance > Taxation
Books > Money & Finance > Public finance > Taxation
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LSN: 3-03-029281-9
Barcode: 9783030292812

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