03532nam 22006255 450 991034952570332120200704061640.03-030-29282-710.1007/978-3-030-29282-9(CKB)4100000009522893(MiAaPQ)EBC5940319(DE-He213)978-3-030-29282-9(EXLCZ)99410000000952289320191009d2019 u| 0engurcnu||||||||txtrdacontentcrdamediacrrdacarrierFormalisation Through Taxation Paraguay’s Approach and Its Implications /by Jonas Richter1st ed. 2019.Cham :Springer International Publishing :Imprint: Palgrave Pivot,2019.1 online resource (122 pages) illustrationsIncludes index.3-030-29281-9 1. Introduction -- 2. Literature Review -- 3. Research Methodology -- 4. The Evolution of the Paraguayan Tax System -- 5. A Formalising Economy -- 6. Political Consequences -- 7. Discussion and Conclusion.In developing countries, such as Paraguay, informality remains a prevalent and persistent issue. Many avoid formal registration with the authorities and evade tax payments. However, a growing academic literature argues for an interrelation between a broader tax base and a country’s economic and democratic development. A strand of this literature focuses on the means of taxing the informal sector and argues for positive revenue and growth effects. This Palgrave Pivot analyses Paraguay’s 2004 and 2012 tax reforms using both qualitative and quantitative data. It illustrates that the country’s personal income tax, as well as other alterations in the tax system, constitute an incentive and nudging mechanism that leads to a formalisation process of economic activity, and consequently to a broader tax base. Using interview and tax data, the book demonstrates how the reform initiates a rising demand of formalised purchases from both customers and businesses. It further suggests a potential way of how the taxpayers respond politically to the enhanced fiscal imperative.Development economicsLatin America—Economic conditionsTax accountingTax lawsEconomic policyDevelopment Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W42000Latin American and Caribbean Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W45040Business Taxation/Tax Lawhttps://scigraph.springernature.com/ontologies/product-market-codes/511010Economic Policyhttps://scigraph.springernature.com/ontologies/product-market-codes/W34010Development economics.Latin America—Economic conditions.Tax accounting.Tax laws.Economic policy.Development Economics.Latin American and Caribbean Economics.Business Taxation/Tax Law.Economic Policy.363.2009892336.209892Richter Jonasauthttp://id.loc.gov/vocabulary/relators/aut933174MiAaPQMiAaPQMiAaPQBOOK9910349525703321Formalisation Through Taxation2100373UNINA