1 / 8

Workshop on Tax-Customs Interaction Beirut, Lebanon August 26-28, 2014

Workshop on Tax-Customs Interaction Beirut, Lebanon August 26-28, 2014. The Importance of Improving Revenue Administration Enhancing Interaction and Coordination Between Tax and Customs Administrations. Tax:GDP Ratios (%), 2012 Selected Countries – Middle East, GCC and Europe.

hogan
Download Presentation

Workshop on Tax-Customs Interaction Beirut, Lebanon August 26-28, 2014

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Workshop on Tax-Customs InteractionBeirut, LebanonAugust 26-28, 2014 The Importance of Improving Revenue Administration Enhancing Interaction and Coordination Between Tax and Customs Administrations

  2. Tax:GDP Ratios (%), 2012Selected Countries – Middle East, GCC and Europe Source: The Heritage Foundation

  3. Gross Government Debt:GDP Ratios (%) 2012 Source: The Heritage Foundation

  4. Debt:Tax Ratios Government Debt stands at a significantly less sustainable level in the METAC region than elsewhere in the Middle East and Europe But increased Government expenditure will be required to finance development initiatives

  5. Redressing the Imbalance This situation can be improved through: • Reducing Government spending – but there are limits to what can be achieved • Economic growth – but this will require increased investment, and time • Fiscal regime – but raising rates will not be a sustainable option • Efficient and effective revenue administration, resulting in higher levels of compliance

  6. Taxpayer Compliance • Non-compliant taxpayer behavior is not selective • A taxpayer who is high-risk for one tax type will probably be high-risk for all tax types • Systems, organizational models and working practices that facilitate a single view of the taxpayer are essential to effective compliance management

  7. Tax – Customs Interaction • Tax and Customs Revenue functions are closely related • The effective exchange of information and coordination of activities will benefit both functions • Obstacles to achieving better integration exist, but it will be worth identifying and addressing them

  8. Thank You Middle East Regional Technical Assistance Center International Monetary Fund Charles Jenkins Revenue Administration Advisor Tel: +961-1-972480 Ext. 294 Mobile: +961-78-955-411 E-mail: cjenkins@imf.org Website: www.imfmetac.org

More Related