5. The Turks and Caicos Islands levies no income tax, capital gains tax or sales tax.

3310 Variable levies

Tax collection in the region improved in real terms, due to efforts in the modernization of tax systems, new rules against tax evasion and the widening of tax bases as well as the imposition of new levies, such as the 10 per cent value added tax in El Salvador.

With external official and private flows at a standstill and the domestic tax base eroded because of the crisis, the Government has become ever more dependent on fiscal levies on cocoa taken by the organizations referred to above, even though such high levies encourage crop diversion.

This tax credit replaces the family benefits program, the non refundable tax credit for dependent children and the tax reduction for families.

Other religious schools receive some non direct tax support (charitable donations credits, property tax exemption, if non profit) but are essentially funded through private sources.

Concerned that cutting spending might lose him votes, Berlusconi is proposing a tax cut of less that 0.3 of GDP and one that is partly to be financed by other levies.

Alternatively, instead of financing social welfare through charges on wages, it could be financed through charges on all income, through levies on activities that polluted the environment or through a negative income tax.

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

While neither the overall tax burden nor the level of borrowing by the Government would be raised to finance the Programme, a reconstruction fund would be established, drawing on specific levies on capital transfers, land and luxury goods.

12. The principal forms of taxation are income tax, land tax and withholding tax, which is payable by non residents on incomes accruing in or deriving from the Territory, at a current rate of 25 per cent.

It is an independent statutory body whose operations are funded by levies on the regulated sectors.

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

Countries with such incentive systems can serve as examples of utility based incentives for renewable energy technologies, tax incentives, fuel displacement levies and electricity feed in legislation, extension of loans to promoters of renewable energy and to consumers shifting to renewable energy technologies, market mechanisms and pricing policies such as net metering facilities and tax exemption on public bus purchases.

Source of funds The Adaptation Fund will be financed by a combination of voluntary contributions and mandatory levies.

It would also reduce numerous efficiency reducing distortions in the US tax code, including substantial tax advantages for debt financing over equity financing and for non corporate businesses over corporate businesses.

A lower corporate tax rate would weaken this justification. Moreover, pension funds, retirement plans, and non profit organizations, which receive about 50 of all corporate dividends, do not pay tax on these earnings, and would benefit from a lower corporate tax rate.

underinvestment in the public sector, including in infrastructure, evidenced so dramatically by the collapse of New Orleans levies and

(tax collector) Open up! (tax collector) Open up!

By the end of 2004, domestic tax revenues were 37 per cent higher than in 2003 non tax revenues similarly increased by 21 per cent, excluding profit transfers from the Palestinian monetary fund.

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

Regionally funded investment guarantees and non discriminatory region wide tax incentives would also impact favourably on the region's investment climate.

The supervision of non profit organizations by tax authorities is carried out in a general order prescribed by the legislation.

And we're a non profit foundation, you can give us the property and take a hell of a tax deduction.

All for One Tax and One Tax for All?

The only tax you've paid is whiskey tax. Ready?

A tax called a death tax is regarded very differently from a tax called an inheritance tax, even though the two are really identical.

The economist Barry Eichengreen once explored the imposition of capital levies in the aftermath of World Wars I and II.

Previous positions include Director, International Tax Relations, Tax Policy Department Director, Tax Department, Italian Banking Association and Economic Adviser to the Minister of Finance for international tax policy and financial tax issues.

13. All Governments adopted measures to improve tax receipts by reforming income tax, establishing or increasing value added tax and eliminating or reducing tax exemptions.

Tax revenue

Plus tax.

Well, let's put a tax on oil that is a non revenue tax, and it basically says for the next 20 years, the price of oil will be whatever you want, 35 bucks, 40 bucks.

a Airstrip includes use tax, landing fee and passenger tax.

Capital tax differences among countries would induce capital to flow from the high tax to the low tax economies. Such tax induced distortions would lead to an inefficient regional allocation of investment and possible tax competition.

An Inequality Tax

Evading Tax Evasion

in Tax Matters

New tax system

2220 Stamp tax

2250 Statistical tax

Reforming tax systems

Income Tax Unit

Huh? Tax information?

So, double tax.