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010   $a1-4623-2855-5
010   $a1-4527-5614-7
010   $a1-282-84158-0
010   $a9786612841583
010   $a1-4518-7065-5
035   $a(CKB)3390000000010461
035   $a(EBL)1607996
035   $a(MiAaPQ)EBC1607996
035   $a(EXLCZ)993390000000010461
100   $a20140210d2008||||  u||            |
101 0 $aeng
135   $aur|n|---|||||
200 10$aInvestment Incentives and Effective Tax Rates in the Philippines$b[electronic resource]
210   $aWashington $cInternational Monetary Fund$d2008
215   $a1 online resource (36 p.)
225 1 $aIMF Working Papers
300   $aDescription based upon print version of record.
327   $aContents; I. Introduction; II. A Birds-Eye View of the Taxation Regime; III. International Experience with Tax Holidays; Tables; 1. Pros and Cons for the Government of Different Types of Tax Incentives; IV. Effective Tax Rates; A. Methodology; B. Estimation Results; Figures; 1. Effective Tax Rates for Companies Not Receiving Tax Incentices; 2. Effective Tax Rates for Companies Receiving the Maximum Tax Holiday; 3. Reduction in Effective Tax Rates From Receiving the Maximum Tax Holiday; 4. Economic Depreciation and Tax Incentives: Do Short- or Long-Lived Assets Benefit More from Tax Holidays?
327   $a5. Philippines: Effective Tax Rates Under Different Holiday Years Granted/Remaining6. Effective Tax Rates Under Different Holiday Years Granted/Remaining; V. Incentive Reform in the Philippines; Boxes; 1. Incentive Reform Bills Under Consideration in the House of Representatives; 7. Philippines: Effective Tax Rates Under Current Incentives and Congress' Reform Proposals; 8. Philippines: Comparing Enhanced Depreciation Versus Current Incentives and Congress' Reform Proposals; VI. Conclusions; References; 2. Investment Incentives in Cambodia, Lao P.D.R., Thailand, and Vietnam
327   $aAppendix: Derivation of Effective Tax Rates
330   $aWe compare the general tax provisions and investment incentives in the Philippines to six other east-Asian economies-Malaysia, Indonesia, Lao, Vietnam, Cambodia, and Thailand. We calculate effective tax rates and find that general effective tax rates are relatively high in the Philippines, while investment incentives are comparable to those in neighboring countries. Tax holidays are most attractive for very profitable firms, creating redundancy, and for investment in short-lived assets. We also consider recently-proposed tax reforms that would replace tax holidays by a reduced corporate income
410  0$aIMF Working Papers
608   $aElectronic books.
700   $aKlemm$b Alexander$0856864
701   $aBotman$b Dennis P. J$0856865
701   $aBaqir$b Reza$0856866
801  0$bAU-PeEL
801  1$bAU-PeEL
801  2$bAU-PeEL
906   $aBOOK
912   $a9910464567703321
996   $aInvestment Incentives and Effective Tax Rates in the Philippines$91913641
997   $aUNINA