Record Details


Field	Value

Title	The Multiple Dividends of Abolishing Statutory Tax Exemptions

Creator	Mugoya, Patrick

Description	This paper shows that the need to increase tax revenue in Tanzania is obvious and that this can be done through a base - broadening, marginal rate-reduction and simplification of tax reform. It argues that minimizing statutory exemptions shall, not only broaden the tax base, but also simplify the tax system, improve compliance and enhance transparency and good governance. Marginal rate-reduction in personal income tax as well as in the value added tax could be expected also to impact favourably on voluntary compliance and economic efficiency hence resulting into an even broader tax base in the future. The paper also builds a case for a more effective enforcement of the tax regime on employment income and a commitment to a consistent tax reform agenda so as to minimise the uncertainties in the existing tax policy stance. (Af. J. of Finance and Management: 2003 11(2): 26-32)

Publisher	Institute of Finance Management, 1999

Date	2003-02-01

Type	info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article

Format	application/pdf

Identifier	https://www.ajol.info/index.php/ajfm/article/view/24283 10.4314/ajfm.v11i2.24283

Source	African Journal of Finance and Management; Vol. 11 No. 2 (2003); 26-32 0856-6372

Language	eng

Relation	https://www.ajol.info/index.php/ajfm/article/view/24283/20377

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