The Russian Flat Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Russian Flat Tax Reform write by Anna Ivanova. This book was released on 2005-01-01. The Russian Flat Tax Reform available in PDF, EPUB and Kindle. Russia dramatically reduced its higher rates of personal income tax (PIT) in 2001 establishing a single marginal rate at the low level of 13 percent. In the following year, real revenue from the PIT actually increased by about 26 percent. This 'flat tax' experience has attracted much attention (and emulation) among policymakers, making it perhaps the most important tax reform of recent years. But it has been little studied. This paper asks whether the strong revenue performance of the PIT was itself a consequence of this reform, using both macro evidence and, in particular, micro-level data on the experiences of individuals and households affected by the reform to varying degrees. It concludes that there is no evidence of a strong supply side effect of the reform. Compliance, however, did improve quite substantially-by about one third according to our estimates-though it remains unclear whether this was due to the parametric reforms or to accompanying changes in enforcement.
The Russian Flat Tax Reform
The Russian Flat Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Russian Flat Tax Reform write by . This book was released on 2005. The Russian Flat Tax Reform available in PDF, EPUB and Kindle.
Myth and Reality of Flat Tax Reform
Myth and Reality of Flat Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Myth and Reality of Flat Tax Reform write by Yuriy Gorodnichenko. This book was released on 2008. Myth and Reality of Flat Tax Reform available in PDF, EPUB and Kindle. Using micro-level data, we examine the effects of Russia's 2001 flat rate income tax reform on consumption, income, and tax evasion. We use the gap between household expenditures and reported earnings as a proxy for tax evasion with data from a household panel for 1998-2004. Utilizing difference-in-difference and regression-discontinuity-type approaches, we find that large and significant changes in tax evasion following the flat tax reform are associated with changes in voluntary compliance and cannot be explained by changes in tax enforcement policies. We also find the productivity response of taxpayers to the flat tax reform is small relative to the tax evasion response. Finally, we develop a feasible framework to assess the deadweight loss from personal income tax in the presence of tax evasion based on the consumption response to tax changes. We show that because of the strong tax evasion response the efficiency gain from the Russian flat tax reform is at least 30% smaller than the gain implied by conventional approaches.
Myth and Reality of Flat Tax Reform
Myth and Reality of Flat Tax Reform - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Myth and Reality of Flat Tax Reform write by Yuriy Gorodnichenko. This book was released on 2010. Myth and Reality of Flat Tax Reform available in PDF, EPUB and Kindle. Using micro-level data, we examine the effects of Russia's 2001 flat rate income tax reform on consumption, income, and tax evasion. We use the gap between household expenditures and reported earnings as a proxy for tax evasion with data from a household panel for 1998-2004. Utilizing difference-in-difference and regression-discontinuity-type approaches, we find that large and significant changes in tax evasion following the flat tax reform are associated with changes in voluntary compliance and cannot be explained by changes in tax enforcement policies. We also find the productivity response of taxpayers to the flat tax reform is small relative to the tax evasion response. Finally, we develop a feasible framework to assess the deadweight loss from personal income tax in the presence of tax evasion based on the consumption response to tax changes. We show that because of the strong tax evasion response the efficiency gain from the Russian flat tax reform is at least 30% smaller than the gain implied by conventional approaches.
Tax Reform in Russia
Tax Reform in Russia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Tax Reform in Russia write by Jorge Martinez-Vazquez. This book was released on 2008. Tax Reform in Russia available in PDF, EPUB and Kindle. The fall of the Soviet Union in 1991 brought enormous political, economic, and social challenges. Since 1991 fiscal reform has been a pillar of Russia's reform agenda. This book analyzes the effort to adopt a modern tax code where previously there were few recognizable taxes, establish an efficient tax administration where taxpayers had never paid taxes directly, and decentralize the system of governance where power had been centralized and dictatorial. Despite the remarkable achievements, many old and new challenges remain. The authors bring an analytical approach to fiscal reform in Russia, providing a detailed analysis of the tax system and estimates of tax compliance and evasion. The book offers a careful examination of the fiscal architecture of Russia and concludes with a presentation of remaining reform needs and options for Russia. Based on Russia's reform experience, the authors also draw lessons for fiscal reform in other developing and transitional countries. Given the dynamic nature of Russia's economic development, this book will prove a timely and informative resource for academics in economics, public finance, political science and public administration as well as for policy makers. Its lessons will also be useful for officials involved with finance in transition and developing countries.
