04241nam 2200673 450 991046424770332120170821191412.01-4623-2350-21-4527-3293-01-4518-7115-597866128420851-282-84208-0(CKB)3170000000055153(EBL)1608084(SSID)ssj0000943284(PQKBManifestationID)11484317(PQKBTitleCode)TC0000943284(PQKBWorkID)10977483(PQKB)11225896(OCoLC)815738523(MiAaPQ)EBC1608084(EXLCZ)99317000000005515320140227h20082008 uy 0engur|n|---|||||txtccrTax concessions and foreign direct investmentin the eastern caribbean currency union /Jingqing Chai and Rishi Goyal[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (35 p.)IMF Working PapersIMF working paper ;WP/08/257Description based upon print version of record.1-4519-1568-3 Includes bibliographical references.Contents; I. Introduction; II. Tax Concessions in the ECCU; A. Firm-Level Analysis; Figures; 1. Regional Comparisons: GDP Growth and Tourism Receipts; Tables; 1. Firm Size and Concessions: A Rank Correlation Analysis; B. Purposes of Concessions; III. Revenue Costs of Concessions; 2. Concessions by Purpose; A. Exemptions from Import Duties and Taxes; 3. ECCU: Customs Revenue Losses from Concessions; 2. ECCU: Import-Related Taxes and Revenue Forgone from Concessions; B. Corporate Income Tax Holidays; 3. ECCU: Corporate Income Taxes and Revenue Forgone from Concessions4. ECCU: Corporate Income Tax CollectionsC. Revenue Collection from Removing Concessions: An Elasticies Approach; IV. Benefits of Incentives: FDI Performance in the ECCU; 5. Revenue Gains from the Removal of Concessions: An Elasticities Approach; 6. FDI Performance Index; 4. FDI/GDP and Tax Concessions; 7. Data for Cross-Country Regression Analysis: Summary Statistics; 5. FDI/GDP and FDI Restrictions Index; 6. FDI/GDP and FDI Incentives Index; 7. FDI/GDP and Statutory Corporate Income Tax Rate; 8. FDI/GDP and Statutory Import-Related Tax Rate8. Cross-Country Ordinary Least Square Regressions: Dependent Variable Ln (FDI/GDP)V. Policy Alternatives; 9. Cross-Country Ordinary Least Square Regressions: Dependent Variable Ln (FDI per capita); 10. Tax Holidays: An Illustrative Example; 11. Accelerated Depreciation and Loss Carry Forward: An Illustrative Example; VI. Conclusions; Appendices; I. Calculating the Change in Revenue from Removing Import-Related Tax Concessions; II. Constructing Foreign Direct Investment Regime Indices; Appendix Tables; II.1. Government Policies Toward Foreign Direct Investment; ReferencesMany developing economies are heavily exposed to commodity markets, leaving them vulnerable to the vagaries of international commodity prices. This paper examines the use of commodity options-including plain vanilla, risk reversal, and barrier options-to hedge such risk. It then proposes the use of a new structured product-a sovereign Eurobond with an embedded option on a specific commodity price. IMF Working PapersTax creditsCaribbean AreaEconometric modelsInvestments, ForeignCaribbean AreaEconometric modelsMonetary unionsCaribbean AreaEconometric modelsElectronic books.Tax creditsEconometric models.Investments, ForeignEconometric models.Monetary unionsEconometric models.332.673Chai Jingqing910358Goyal Rishi857876MiAaPQMiAaPQMiAaPQBOOK9910464247703321Tax concessions and foreign direct investmentin the eastern caribbean currency union2037531UNINA