Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Tax Incentives And Investment In The Eastern Caribbean
Download Tax Incentives And Investment In The Eastern Caribbean full books in PDF, epub, and Kindle. Read online Tax Incentives And Investment In The Eastern Caribbean ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Tax Incentives and Investment in the Eastern Caribbean by : Sebastian Sosa
Download or read book Tax Incentives and Investment in the Eastern Caribbean written by Sebastian Sosa and published by INTERNATIONAL MONETARY FUND. This book was released on 2006-01-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax incentives have been used extensively in the countries of the Eastern Caribbean Currency Union (ECCU) to promote investment. The associated revenue losses are large, and benefits in terms of new investment have been limited, raising doubts about the cost effectiveness of the tax incentive schemes. This paper examines the effects of incentives using the marginal effective tax rate approach (METR), adapting this methodology to the case of a small open economy where the marginal investor is a nonresident. The results show that METRs are high in the region; that there is a large dispersion in the size of METRs across financing source; and that METRs on investment are larger than the overall distortion on capital, with a substantial subsidy to domestic saving. In the presence of tax holidays-the most common incentive scheme in the region-the distortion on capital basically vanishes.
Book Synopsis Tax Incentives and Investment in the Eastern Caribbean by : Sebastian R. Sosa Ravello
Download or read book Tax Incentives and Investment in the Eastern Caribbean written by Sebastian R. Sosa Ravello and published by . This book was released on 2006 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax incentives have been used extensively in the countries of the Eastern Caribbean Currency Union (ECCU) to promote investment. The associated revenue losses are large, and benefits in terms of new investment have been limited, raising doubts about the cost effectiveness of the tax incentive schemes. This paper examines the effects of incentives using the marginal effective tax rate approach (METR), adapting this methodology to the case of a small open economy where the marginal investor is a nonresident. The results show that METRs are high in the region; that there is a large dispersion in the size of METRs across financing source; and that METRs on investment are larger than the overall distortion on capital, with a substantial subsidy to domestic saving. In the presence of tax holidays the most common incentive scheme in the region the distortion on capital basically vanishes.
Book Synopsis IMF Working Papers by : Sebastian Sosa
Download or read book IMF Working Papers written by Sebastian Sosa and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union by : Rishi Goyal
Download or read book Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union written by Rishi Goyal and published by International Monetary Fund. This book was released on 2008-11-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct investment. The costs are very large, while the benefits appear to be marginal at best. Forgone tax revenues range between 91⁄2 and 16 percent of GDP per year, whereas total foreign direct investment does not appear to depend on concessions. A rethinking of the use of concessions in the region is needed urgently.
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1513536265 Total Pages :53 pages Book Rating :4.5/5 (135 download)
Book Synopsis Eastern Caribbean Currency Union by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Eastern Caribbean Currency Union written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2020-03-05 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper focuses on the need and importance of fiscal integration for the Eastern Caribbean Currency Union (ECCU). The continued success of the currency union can be solidified by greater fiscal policy integration. Against the growing intensity of external shocks, country-level fiscal policies remain as the most important policy lever. Regional fiscal policy coordination could usefully supplement national policies in dealing with adverse shocks. Such coordination can potentially create fiscal and policy space along several dimensions. Internationally, fiscal integration takes many forms, depending on the interconnectedness of member economies and their willingness to give up fiscal autonomy. The analysis shows there is scope for tangibly improving tax incentives and rebalancing them toward those that are more effective, while using higher revenues to attract investment also through better infrastructure. Regional coordination could significantly support and accelerate those processes.
Book Synopsis Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union by : Jingqing Chai
Download or read book Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union written by Jingqing Chai and published by . This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in terms of revenues forgone with the benefits in terms of increased foreign direct investment. The costs are very large, while the benefits appear to be marginal at best. Forgone tax revenues range between 9 1/2 and 16 percent of GDP per year, whereas total direct investment does not appear to depend on concessions. A rethinking of the use of concessions in the region is needed urgently.
Book Synopsis Investing in the Caribbean: A guide to the corporation, tax, and incentives laws of various island and countries in the Caribbean (country studies) by : Caribbean Economic Development Corporation
Download or read book Investing in the Caribbean: A guide to the corporation, tax, and incentives laws of various island and countries in the Caribbean (country studies) written by Caribbean Economic Development Corporation and published by . This book was released on 1970 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Coordinating Revenue Incentive Policies in the Caribbean by : Ding Ding
Download or read book Coordinating Revenue Incentive Policies in the Caribbean written by Ding Ding and published by . This book was released on 2020-08-28 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pervasive use of tax incentives is costly for the Caribbean countries, yet the benefits seem limited. Better policy coordination at the regional level is needed to help overcome the collective action problems and generate more revenue to support the much-needed infrastructure investment. Using the region's Citizenship-by-Investment (CBI) programs as an example, we also show that a price-quantity coordination mechanism can help achieve an efficient outcome with greater CBI incomes for member countries.
Book Synopsis Investing in Antigua and Barbuda by :
Download or read book Investing in Antigua and Barbuda written by and published by . This book was released on 1986 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1498300103 Total Pages :67 pages Book Rating :4.4/5 (983 download)
Book Synopsis Eastern Caribbean Currency Union by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Eastern Caribbean Currency Union written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2019-02-22 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper presents a quantification of the long-term benefits of ex-ante resilient investment and insurance needs against natural disasters (ND) in Eastern Caribbean Currency Union (ECCU). Cost-benefit analysis of resilient investment based on a dynamic stochastic general equilibrium model tailored to small states and calibrated to all ECCU economies is also discussed in the paper. The model’s aggregate production function illustrates the interaction among the participating sectors and their contribution to output, ultimately informing the role of resilient investment. The study also quantifies government insurance coverage needs and costs using an empirical stochastic model that simulates NDs fiscal costs. The insurance needs are framed within the World Bank insurance layering framework. The results in this paper underscore the importance of a shift from ex-post recovery to a focus on ex-ante resilience building. Ex-ante resilient investment and insurance are key to the welfare and financial sustainability of the ECCU, given high intensity and recurrence of NDs.
Book Synopsis Eastern Caribbean Currency Union by : International Monetary Fund
Download or read book Eastern Caribbean Currency Union written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-06-08 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Eastern Caribbean Currency Union (ECCU) has made significant progress in improving the quality and quantity of the macroeconomic statistics it produces and disseminates to the public. The Selected Issues Paper discusses prospects and challenges for credit unions in the ECCU. It reviews the current state of macroeconomic statistics, outlines progress that has been made, and identifies outstanding challenges. It also describes technical assistance to the region and presents the challenges for the production of macroeconomic statistics in small island states.
Book Synopsis Doing Business in Antigua and Barbuda by :
Download or read book Doing Business in Antigua and Barbuda written by and published by . This book was released on 1991 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Taxation and Investment Incentives in the Caribbean Region by :
Download or read book Taxation and Investment Incentives in the Caribbean Region written by and published by . This book was released on 1976* with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Investing in Montserrat written by and published by . This book was released on 1986 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of Tourism Investment Incentives in the Caribbean Region by :
Download or read book The Impact of Tourism Investment Incentives in the Caribbean Region written by and published by . This book was released on 1990 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Promoting Growth in the Caribbean by : Martin Bes
Download or read book Promoting Growth in the Caribbean written by Martin Bes and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund. Western Hemisphere Dept. Publisher :International Monetary Fund ISBN 13 :1513536222 Total Pages :79 pages Book Rating :4.5/5 (135 download)
Book Synopsis Eastern Caribbean Currency Union by : International Monetary Fund. Western Hemisphere Dept.
Download or read book Eastern Caribbean Currency Union written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2020-03-05 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents IMF’s 2019 Discussion on Common Policies of Member Countries of the Eastern Caribbean Currency Union (ECCU). ECCU’s gross domestic product (GDP) growth accelerated from 3/4 percent in 2017 to 3 3/4 percent in 2018, reflecting buoyancy in the tourism sector, sizable Citizenship-by-Investment (CBI) inflows, and a recovery from the 2017 hurricanes in Anguilla and Dominica, which were supported by large public investments in reconstruction. Fiscal deficits increased in 2018–2019, but they have remained moderate. Efforts are needed to streamline, and re-balance tax incentives based on clear principles consistent with international best practices. External imbalances are sizable and significant financial sector vulnerabilities affect both banks and non-banks. Growth is projected to gradually moderate toward its long-term average of 2 1/4 percent as the cyclical momentum normalizes and CBI inflows ease. These trends would also contribute to wider fiscal deficits, ending the downward drift in public debt dynamics. The outlook is clouded by downside risks, including a possible intensification of natural disasters and financial sector weaknesses.
