Current and Proposed Non-Oil Tax System in Azerbaijan

WPIEA2008225 Image
Price:  $18.00

Author/Editor: Mayra Rebecca Zermeño Livas
Release Date: © September, 2008
ISBN : 978-1-45187-083-1
Stock #: WPIEA2008225
English
Stock Status: Available

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Description

This paper analyzes developments in non-oil tax policy, administration, and revenues in Azerbaijan, and suggests measures for further improvement. The main finding is that Azerbaijan's non-oil tax revenues increased significantly as a share of non-oil GDP in the last five years, but remain below potential. The non-oil tax revenue shortfall is mainly due to widespread exemptions, but there is scope for strengthening tax and customs administration. In the short term, expanding the tax base and better tax and customs administration will yield more revenues. In the medium term, more far-reaching reforms including reducing some direct tax rates, should be considered. The overall reform package could be made broadly revenue neutral by improving taxpayers' compliance and reducing exemptions.

Taxonomy

Economic policy , Fiscal policy , Tax policy




More publications in this series: Working Papers


More publications by: Mayra Rebecca Zermeño Livas