Tax revenue

In many countries, tax reform has already significantly increased the share of direct taxes in overall revenue.

Tax revenue is included for comparison.

The increased demand for Greek goods and services would raise Greece s GDP, increasing tax revenue and reducing transfer payments.

The Department of Revenue Tax Division reports regularly on the state's revenue sources.

Other significant sources of revenue growth during the year included the embarkation tax and the accommodation tax, which increased by 29.9 per cent and 14.0 per cent, respectively.

Fundamental tax reform must strengthen incentives, reduce distorting tax expenditures, and raise revenue.

In many countries, tax reform has already significantly increased the share of direct taxes in overall revenue. Raising tax rates for the wealthiest citizens in developing a more progressive income tax framework would bolster this progress.

Tax hikes lower consumption and raise revenue in the medium term a 10 higher tax means about 7 higher revenue over the medium term.

Over the years, revenue collection has increased.

Tax revenue can be raised without increasing marginal tax rates by limiting the tax subsidies that are built into the current tax code.

The Internal Revenue Service sees no increase in tax cheating.

In Australia's tax system, personal and company income tax are the main sources of government revenue.

Also, IMF provides to OECD data on non tax revenue for use in its publication Revenue Statistics.

On the positive side, we increased our revenue generation by documenting our economy, and revenue generation increased by over 100 per cent.

This is a table of the total federal tax revenue by state collected by the U.S. Internal Revenue Service.

So the key to raising revenue is to reduce tax expenditures, use some of the resulting revenue to reduce tax rates, and devote the rest to reducing future deficits.

Spending is financed by municipal income tax, state subsidies, and other revenue.

It reduces tax revenue and thus the resources available for public services .

On the revenue side, those countries adopted measures aimed at expanding the revenue base, increasing the elasticity of their tax systems and improving the efficiency and effectiveness of their tax administration.

Raising revenue through tax reform will have to mean reducing the special deductions and exclusions that now lower tax receipts.

For a given size of government, the method of raising tax revenue matters.

(a) As tariff barriers decline, it is important to find other revenue sources in place of falling trade tax revenue since, in several African countries, such revenue remains a significant part of total revenue.

Tax revenue accounted for approximately US 28.9 million, or 47 per cent of total revenue (45 per cent of 1992 revised estimates).

The Revenue Act of 1861 introduced the income tax to help finance the war.

1998 Tax analysis and revenue forecasting, Harvard University, United States of America (2 months)

Some LDCs have made progress in undertaking tax reform, broadening the non tax revenue base and improving the efficiency of financial institutions.

Other sources of revenue included personal and company tax, public works, customs and harbour receipts.

Since 2005, Bolivian exports have increased six fold, along with fiscal revenue.

According to WTO, in the mid 1990s, tariff revenue accounted for over 30 per cent of general tax revenue in more than 25 developing countries.

Increased coordination and cooperation between Governments entails, inter alia, increased exchange of information in tax matters.

So grim has Japan s fiscal position become that bond issuance has exceeded tax revenue since 2009.

Also in 1861, Lincoln signed the Revenue Act of 1861, creating the first U.S. income tax.

The Government is currently drafting its own income tax code to replace the Internal Revenue Code.

These resources might be obtained by restructuring public spending, increasing tax revenue or reorganizing external assistance.

Revenue growth Increased operational efficiency High client satisfaction and Good governance and oversight.

And, while raising so much revenue with so low a tax rate sounds grand, the declining volume of trades would shrink the tax base precipitously.

(107) Introduction of an (at least) EU wide CO2 energy tax that has a neutral effect with regard to competition and total tax revenue volume

They seek to strengthen the efficiency and effectiveness of tax administration in order to improve revenue performance and have introduced tax reforms to ensure complementarity between tax policy and their macroeconomic framework.

Lastly, developing country jurisdictions that currently relied upon bank secrecy and tax free treatment for revenue should be assisted in their transitions to other revenue producing activities.

The Treasury Office underwent drastic improvements in revenue collections, especially at the Customs Office and Tax Division.

It's not pulling in as much tax revenue as it once was, but it's serving its community.

Instead of cutting proven tax incentives for business investment, the US should offset at least some of the revenue losses from a lower corporate tax rate by raising tax rates on corporate shareholders.

The focus of fiscal reform was on fiscal discipline resource rationalization the need to keep expenditure within the limits of revenue tax reform and ways to increase revenue.

These revenue losses could be offset by curtailing so called corporate tax expenditures deductions, credits, and other special tax provisions that subsidize some economic activities while penalizing others and broadening the corporate tax base.