How to Implement Electronic Fiscal Reporting (Fiscalization)
How to Implement Electronic Fiscal Reporting (Fiscalization)

Author: José Maria Pires

Publisher: International Monetary Fund

Published: 2023-11-06

Total Pages: 27

ISBN-13:

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To improve the management of tax compliance risks, tax administrations are increasingly seeking opportunities to enhance their access and use of data. For many years, there has been a worldwide trend to implement electronic fiscal reporting (also known as fiscalization) to achieve these aims. Fiscalization refers to the process of automated reporting of a taxpayer’s business activities to the tax administration. When implemented as an integral part of compliance risk management processes, fiscalization will contribute to an improvement in tax compliance by making it easier for taxpayers to voluntarily comply, and discouraging taxpayers who may choose to not report their business transactions. However, fiscalization alone will not address all tax compliance risks. This how-to note provides practical guidance about the case for fiscalization and implementation approaches, including good practices and practices to avoid in relation to the key dimensions of fiscalization: data collection, data analysis, integration with compliance risk management, consumer engagement, and implementation.

Electronic Fiscal Devices (EFDs) An Empirical Study of their Impact on Taxpayer Compliance and Administrative Efficiency
Electronic Fiscal Devices (EFDs) An Empirical Study of their Impact on Taxpayer Compliance and Administrative Efficiency

Author: Peter Casey

Publisher: International Monetary Fund

Published: 2015-03-30

Total Pages: 56

ISBN-13: 1484309642

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Several administrations have adopted electronic fiscal devices (EFDs) in their quest to combat noncompliance, particularly as regards sales and the value-added tax (VAT) payable on sales. The introduction of EFDs typically requires considerable effort and has costs both for the administration and for the taxpayers that are affected by the requirements of the new rules. Despite their widespread use, and their considerable cost, EFDs can only be effective if they are a part of a comprehensive compliance improvement strategy that clearly identifies risks for the different segments of taxpayers and envisages measures to mitigate these risks. EFDs should not be construed as the “silver bullet” for improving tax compliance: as with any other technological improvement the deployment of fiscal devices alone cannot achieve meaningful results, whether in terms of revenue gains or permanent compliance improvements.

Albania: Enhancing Tax Administration Capacity During Challenging Times
Albania: Enhancing Tax Administration Capacity During Challenging Times

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-04-15

Total Pages: 41

ISBN-13:

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The purpose of this mission was to assist the General Directorate of Taxes (GDT) in taking stock of reform efforts and provide advice on future efforts. In recent years, the GDT made solid progress in realizing its reform agenda. The mission took stock of the reform achievements and identifies areas which require further improvement.

Czech Republic
Czech Republic

Author: International Monetary Fund. European Dept.

Publisher: International Monetary Fund

Published: 2016-07-07

Total Pages: 73

ISBN-13: 149834612X

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This paper provides a technical report on the work of the Banking Supervision Department of the Bank of Israel. Banking supervision in Israel follows a very rigorous and comprehensive approach. Supervisory practice at the Banking Supervision Department matches and at times exceeds in many respects the standard practices in other developed economies, both in the scope of regulation and the intensity and depth of risk assessments. This explains the Bank of Israel’s success in maintaining financial stability during the global financial crisis and has substantially benefited Israel’s economy and its society as a whole.

Proceedings of TAKE 2021 Conference
Proceedings of TAKE 2021 Conference

Author: Carla Lobo

Publisher: Eduardo Tomé

Published: 2021-07-10

Total Pages: 596

ISBN-13: 9895418221

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Foreword This volume includes papers presented at TAKE 2021 Conference The Multidisciplinary Conference on Intangibles, held online between the 7 th and the 9th July 2021 and hosted by Universidade Portucalense, from Porto, Portugal. Detailed information about the Conference is to be found in the Conference Website: https://take-conference2021.com/. A Book of Abstracts was also published. TAKE 2021 included 80 presentations, by almost 100 participants, including 8 keynote speakers, from 20 countries. Done during the Covid-19 crisis, TAKE 2021 was a show of intelligence, work, and solidarity, We thank infinitely all those involved, which contributed to the success of the event. We hope to continue the TAKE saga, next year with TAKE 2022 whose website is already online: https://take-conference2022.com/. Best wishes and kindest regards. Eduardo Tomé, on behalf of the Organizing Committee

South Africa
South Africa

Author: International Monetary Fund. Fiscal Affairs Dept.

Publisher: International Monetary Fund

Published: 2015-09-08

Total Pages: 154

ISBN-13: 1513514806

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This Technical Assistance report reviews South Africa’s tax system and also examines the fiscal regime with a view to generating a sustainable revenue contribution from mining and petroleum in future. Mining has historically been the mainstay of the South African economy. Mineral exports remain the principal contributor to foreign exchange earnings on the current account. South Africa is not yet a significant producer of crude oil or natural gas. Oil and gas exploration nevertheless shows promise. Taxation is far from top of the list in current challenges facing the development of extractive industries in South Africa. The national goal of economic and social transformation in favor of Historically Disadvantaged South Africans has major impact on the mining sector.

The Property Tax, School Funding Dilemma
The Property Tax, School Funding Dilemma

Author: Daphne A. Kenyon

Publisher: Lincoln Inst of Land Policy

Published: 2007

Total Pages: 63

ISBN-13: 9781558441682

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States experiencing taxpayer revolts among homeowners are tempted to reduce reliance on the property tax to fund schools. But a more targeted approach can provide property tax relief and improve state funding for public education. This policy focus report includes a comprehensive review of recent research on both property tax and school funding, and summarizes case studies of seven states-- California, Massachusetts, Michigan, New Hampshire, New Jersey, Ohio and Texas. The majority of these states are heavily reliant on property tax revenues to fund schools. While there is no one-size-fits-all solution, the report recommends addressing property taxes and school funding separately.

Growing Cooler
Growing Cooler

Author: Reid H. Ewing

Publisher: Urban Land Institute

Published: 2008

Total Pages: 186

ISBN-13:

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Based on a comprehensive study review by leading urban planning researchers, this investigative document demonstrates how urban development is both a key contributor to climate change and an essential factor in combating it -- by reducing vehicle greenhouse gas emissions.

Albania: Technical Assistance Report-Medium-Term Revenue Strategy: Revenue Administration Reform Options
Albania: Technical Assistance Report-Medium-Term Revenue Strategy: Revenue Administration Reform Options

Author: International Monetary

Publisher: International Monetary Fund

Published: 2022-05-19

Total Pages: 70

ISBN-13:

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Albania is formulating a Medium-Term Revenue Strategy (MTRS) with IMF support. The decision to commit to the development of an MTRS was taken against the background of revenue persistently falling short of budget projections, revenue continuing to lag behind regional peers in tax to Gross Domestic Product (GDP) ratios and the Government’s assessment that an increase of revenue of 2.2 – 3.0 percent of GDP will be required to finance its additional spending needs over the next five years.