| Description |
1 online resource (28 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/07/153 |
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IMF working paper ; WP/07/153.
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| Contents |
I. Introduction; II. Methodology; III. Distributional Impact of the VAT Reform; IV. Social Spending Options; V. Targeted Transfer Schemes; VI. Conclusion; Tables ; 1. Household Expenditure Shares and Average Expenditure; 2. Benefit Incidence and Coverage for Alternative Compensation Schemes; 3. Coverage and Targeting of Health and Education Spending; Figures; 1. Income Effect and Targeting of the VAT Reform and Mitigating Measures; 2. Alternative Transfer Schemes: Coverage vs. Targeting; 3. Alternative Transfer Schemes Proxy Means vs. Geographic Targeting |
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4. Cost of Fully Compensating Bottom QuintileBoxes ; 1. Poverty in the Philippines; 2. KALAHI-CIDSS Project; 3. Indonesia: Social Safety Net to Mitigate the Impact of Fuel Price Increase; 4. Main Features of the VAT Reform; Appendixes ; I. The Value-Added Tax Law Before and After the Reform; II. Estimating the Incidence of the VAT and Excise Taxes on Welfare; III. Simulating Targeted Transfer Programs; Appendix Tables ; 4. VAT Revenue Productivity in Asian and Pacific Countries; 5. Revenue Yield from the VAT Law and Mitigating Measures; 6. Excise Taxes on Fuels |
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7. Revenue Loss from Mitigating Measures8. Distribution of Per Capita Income Quintile; References |
| Summary |
This paper assesses the distributional impact of the recent VAT reform in the Philippines and evaluates alternative methods to mitigate the effects of the reform on poor households. The reform was progressive and relatively well targeted. To alleviate the impact of the reform on the poor, several mitigating measures were introduced. Although these measures reduced the adverse impact of the VAT reform for all households, a sizable amount of the benefit accrued to high-income households. Targeted transfer schemes have the potential to deliver a much higher percentage of benefits to the poor |
| Bibliography |
Includes bibliographical references (page 28) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Value-added tax -- Philippines
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Poor -- Taxation -- Philippines
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Public welfare -- Philippines
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Poor -- Taxation
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Public welfare
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Value-added tax
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Philippines
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| Form |
Electronic book
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| Author |
Zakharova, Daria, author.
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International Monetary Fund. Fiscal Affairs Department.
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| ISBN |
1282448439 |
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9781282448438 |
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145191170X |
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9781451911701 |
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9781451994377 |
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1451994370 |
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1462368948 |
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9781462368945 |
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9786613821621 |
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6613821624 |
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