Tax Coordination, Tax Competition, and Revenue Mobilization in the West African Economic and Monetary Union / Mario Mansour, Gregoire Rota Graziosi.

Format:

Book

Government document

Author/Creator:

Mansour, Mario.

Contributor:

Rota Graziosi, Gregoire.

Series:

IMF Working Papers; Working Paper ; No. 2013/163

IMF Working Papers

Language:

English

Physical Description:

1 online resource (42 pages)

Edition:

1st ed.

Other Title:

Regional economic outlook, october 2008

Place of Publication:

Washington, D.C. : International Monetary Fund, 2013.

Summary:

We review the current state of the West African Economic and Monetary Union’s tax coordination framework, against the main objectives of the WAEMU Treaty of 1994: reduce distortions to intra-community trade, and mobilize domestic tax revenue. The process of tax coordination in WAEMU is one of the most advanced in the world—de jure at least—, but remains in many areas ineffective de facto. Nevertheless, the framework has, to some extent, succeeded in converging tax systems, particularly statutory tax rates, and may have contributed to improving revenue mobilisation. Important lessons can be drawn from the WAEMU experience, particularly in terms of whether coordination should take the form of harmonization through a top-down approach, or a softer approach of sharing best practice and limiting certain types of tax competition.

Contents:

Cover

Contents

Abstract

I. Introduction

II. Evolution of the Tax Coordination Framework

III. Application of the Framework in Member States

IV. Special Tax Regimes: The Achilles' Heel of Tax Coordination

V. Experience with Revenue Mobilization

VI. Lessons learned and Concluding Remarks

Tables

1. Rates under the WAEMU Directive on Excise Taxes

2. WAEMU Directive on Taxation of Investment Income

3. Main Features of WAEMU Multilateral Tax Treaty

4. Excise Tax Rates in Six WAEMU States

5. Tax Rates on Profits and Minimum Taxes in WAEMU States

2011

6. Summary of Tax Incentives Provided by WAEMU States' Investment Codes

Figures

1. WAEMU Trade in Goods

1990, 2000, and 2010

2. Structure of Tax Revenues in WAEMU

1980-2010

3. Corporate Tax Rates and Revenue in WAEMU

4. Structure of Tax Revenues in WAEMU States

5. Change in Tax Revenues in Selected SSA Groups

2000 and 2010

Boxes

1. Tax Coordination, Tax Cooperation, and Tax Harmonization

Appendixes

I. Tax Revenues in Selected SSA Groups

References.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781484338773

1484338774

OCLC:

989815419