Series: IMF Working Papers
Author(s): Kevin Fletcher
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2005
Keywords: revenue, incidence, VAT, tax incentives, tax administration, tax system, tax rates, tax revenue, Subsidies and Revenue, National Government Expenditures and Related Policies
Public sector revenue has declined markedly in the Philippines over the past seven years. Most observers of the Philippine economy agree that rebuilding public sector revenue will be critical to reducing deficits a...