Local Taxes, Regulations, and the Business Environment : Finding the Right Balance

Regional and municipal governments play a key role in establishing a local business environment that is attractive to foreign and domestic investors. However, in many countries, entrepreneurs face a complex web of local taxes, regulatory fees, and other charges. This situation increases the costs and risks of doing business, thus limiting the potential for business growth, investment, and job creation. This note explores the roots of this problem and introduces options for addressing it.

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Bibliographic Details
Main Author: Corthay, Laurent
Language:English
Published: World Bank, Washington, DC 2009-04
Subjects:ACCOUNTABILITY, ADMINISTRATIVE COSTS, ASSIGNMENT OF TAXES, AUTONOMY, BARRIERS TO ENTRY, BUDGET CONSTRAINTS, BUSINESS LICENSES, BUSINESS TAXES, COMPLIANCE COSTS, CUSTODY, DEBT, DECENTRALIZATION, DEVELOPING COUNTRIES, DEVELOPMENT BANK, ECONOMIC DEVELOPMENT, ECONOMIC EFFICIENCY, ENABLING ENVIRONMENT, ENFORCEMENT MECHANISMS, EXCISE TAXES, FIRM PERFORMANCE, FISCAL DECENTRALIZATION, FISCAL FEDERALISM, FOREIGN INVESTMENT, GARBAGE COLLECTION, GOVERNMENT POLICIES, GOVERNMENT REVENUE, HARD BUDGET CONSTRAINTS, HUMAN RESOURCES, INCOME, INCOME TAX, INFRASTRUCTURE FINANCE, INSTRUMENT, INSURANCE, INTERGOVERNMENTAL TRANSFERS, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FINANCE, INVENTORY, INVESTING, INVESTMENT CLIMATE, LEGAL OBLIGATION, LEGISLATION, LEVIES, LEVY, LICENSES, LOCAL AUTHORITIES, LOCAL BUSINESS, LOCAL FEES, LOCAL GOVERNMENT, LOCAL GOVERNMENT TAXATION, LOCAL GOVERNMENTS, LOCAL LEVEL, LOCAL OFFICIALS, LOCAL REVENUE, LOCAL TAXES, MARKET FAILURES, MICRO-ENTERPRISES, MUNICIPAL, MUNICIPAL GOVERNMENTS, NATIONAL TREASURY, NATURAL RESOURCES, PRIVATE SECTOR, PRODUCTIVITY, PROPERTY RIGHTS, PROPERTY TAX BASE, PROPERTY TAXES, PROPERTY TRANSFER TAXES, PUBLIC, PUBLIC ADMINISTRATION, PUBLIC ASSETS, PUBLIC BENEFITS, PUBLIC FINANCES, PUBLIC SECTOR, PUBLIC WORKS, REGISTRATION FEE, REGULATORY AUTHORITY, REGULATORY GOVERNANCE, RESIDENTIAL PROPERTY, RESIDENTIAL PROPERTY TAXES, RETURN, REVENUE COLLECTION, REVENUE SOURCES, SMALL BUSINESSES, SUBNATIONAL FINANCE, SUBNATIONAL GOVERNMENTS, SURCHARGES, TAX, TAX ADMINISTRATION, TAX POLICY, TAX REFORM, TAX REGIME, TAX REVENUES, TAX SYSTEM, TAXATION, TRANSITION ECONOMIES, TRANSPARENCY, TRANSPORT, USER CHARGES, UTILITIES, VOTERS,
Online Access:http://documents.worldbank.org/curated/en/2009/04/10501455/local-taxes-regulations-business-environment-finding-right-balance
https://hdl.handle.net/10986/10566
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