Post on 20-Jul-2020
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No tax reform scenario
Pre-Covid Baseline
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✓ Fair, progressive, taxation supports poverty-reduction and improves
equity
✓ Clear, simple rules reduce opportunities for corruption, reduce
taxpayer errors, and make it quicker and easier to pay
✓ Easy-to-pay taxes increase voluntary compliance
✓ More efficient taxes support economic growth
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• Is tax policy progressive and fair?
• Are tax rules clear and easy to follow?
• Is tax policy supporting economic growth by
minimizing inefficiencies and distortions?
• Is the revenue authority hiring people with the
right education, skills and background?
• Does the revenue authority offer career paths
that develop specialists in needed areas?
• Is a strong anti-corruption culture engrained as
part of the DNA of tax officials?
• Does the revenue authority leverage technology
to enhance its capacity to detect fraud and
evasion, to manage risks, and to ease the
administrative burden of paying taxes?
• Are business processes designed to support
effective and efficient service delivery?
Important considerations include…
Top PIT Marginal Rate
35%
41.2% (2018 avg.)
Source: Petroleum Planning & Analysis Cell, IOC
collect more taxes from the wealthy and better-off
support infrastructure, fisheries and tourism through green taxes
support long-term health spending through health taxes
impose equitable taxes on the digital economy
taxes on profit-making businesses only