Avoiding the Fiscal Pitfalls of Subnational Regulation

Since investment climate reforms in developing countries started gaining traction in the 1990s, most efforts have focused on issues at the national level, achieving varying degrees of success for reasons that are relatively well understood. This handbook provides an overview of efforts and achievements in subnational investment climate reforms. It is organized as follows. Chapter 2 reviews a number of countries experiences with subnational reforms, noting both success stories and disappointments and pointing toward lessons learned. Chapter 3 sets out the basic principles of subnational revenue, including business taxation. Chapter 4 describes sound licensing practices for subnational governments, including establishing licensing fees. Chapter 5 provides recommendations for subnational reform projects where both the regulatory authority and taxation require attention, which is the most common situation. Finally, the Appendix offers nine case studies covering subnational reform efforts in the following countries: Canada (British Columbia), The Russian Federation, China, Kenya, Tanzania, Peru (Lima), The Balkans (Serbia and Bosnia and Herzegovina), Tajikistan, and Zambia.

Bibliographic Details

Main Authors:	International Finance Corporation, World Bank, Multilateral Investment Guarantee Agency
Format:	Report biblioteca
Language:	English en_US
Published:	Washington, DC 2011-12
Subjects:	AFFILIATES, ALLOCATION OF RESOURCES, AUTONOMY, BAD DEBT, BANK, BANKS, BARRIERS TO ENTRY, BENEFICIARIES, BUDGET, BUDGET CONSTRAINT, BUDGETING, BUDGETS, BUSINESS LICENSES, BUSINESS TAXES, CADASTRES, CAPACITY BUILDING, CAPITAL GAINS, CENTRAL ADMINISTRATION, CENTRAL GOVERNMENT, CENTRAL GOVERNMENTS, CHECKS, CITIES, CITY, CITY ADMINISTRATION, COMMUNITY, COMPETITIVE MARKETS, COMPLIANCE COSTS, CONSOLIDATION, CONTRACTS, CORPORATE INCOME TAX, CRITERIA, CURRENCY, DEBT, DECENTRALIZATION, DEFICITS, DEREGULATION, DEVELOPING COUNTRIES, DISTRICT, DISTRICT REVENUES, DISTRICTS, EBF, ECONOMIC GROWTH, EMPLOYMENT, ENABLING ENVIRONMENT, EXCISE TAXES, EXPENDITURE, EXPENDITURES, FEDERAL LAW, FEDERAL STRUCTURE OF GOVERNMENT, FEDERAL TAXES, FEES, FINANCE, FISCAL AUTONOMY, FISCAL CONSTRAINTS, FISCAL DECENTRALIZATION, FISCAL FEDERALISM, FISCAL FRAMEWORK, FISCAL IMPACT, FISCAL NEUTRALITY, FISCAL REFORM, FISCAL REFORMS, FISCAL TRANSFER, FISCAL TRANSFERS, FOREIGN INVESTMENT, FUTURE, GOOD, GOVERNANCE, GOVERNMENT FINANCE SYSTEM, GOVERNMENT FINANCES, GOVERNMENT REGULATION, GOVERNMENT REGULATIONS, GOVERNMENT REVENUE, GOVERNOR, GROSS DOMESTIC PRODUCT, GROUP INVESTMENT, GUARANTEE, HOUSING, IMMOVABLE PROPERTY, INCOME TAXES, INDEPENDENT JUDICIARY, INDUSTRY, INFLATION, INSURANCE, INTEREST, INTERESTS, INTERGOVERNMENTAL FISCAL RELATIONS, INTERGOVERNMENTAL TRANSFERS, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FINANCE, INVESTMENT, INVESTMENT CLIMATE, INVESTMENTS, LAND, LAND TAXES, LAND USE, LAND USE CONTROL, LAND VALUE, LARGE CITIES, LAWS, LEGISLATION, LEVEL OF GOVERNMENT, LEVIES, LEVY, LICENSES, LOANS, LOCAL ADMINISTRATION, LOCAL BUSINESS, LOCAL FINANCE, LOCAL FINANCES, LOCAL GOVERNMENT, LOCAL GOVERNMENT FINANCE, LOCAL GOVERNMENTS, LOCAL PUBLIC SERVICES, LOCAL REVENUE, LOCAL REVENUE SOURCES, LOCAL TAXES, MANAGEMENT, MANDATES, MARKET VALUE, MARKETS, MAYOR, MAYORS, MEDIUM ENTERPRISE, MEDIUM ENTERPRISES, MINISTRY, MUNICIPALITIES, MUNICIPALITY, NATURAL RESOURCES, NET REVENUE, NOTARIES, NUISANCE TAXES, OPTIONS, PER, PERSONAL INCOME, POLICY ANALYSIS, POLICY DECISIONS, POLICY PROCESS, POLICY REFORMS, PORTFOLIO, PRIVATE SECTOR, PROFITS, PROJECTS, PROPERTIES, PROPERTY TAX ADMINISTRATION, PROPERTY TAX RECORDS, PROPERTY TAX REFORM, PROPERTY TAXES, PROPERTY TRANSFER TAXES, PROPERTY TRANSFERS, PROVINCE, PROVINCIAL LEVEL, PROVISIONS, PUBLIC, PUBLIC DOMAIN, PUBLIC GOODS, PUBLIC REVENUES, PUBLIC SECTOR, PUBLIC SECTOR ACCOUNTABILITY, PUBLIC SPENDING, REFORM PROGRAMS, REGISTRATION FEE, REGISTRATION FEES, REGULATION, REGULATORY AUTHORITY, REGULATORY SYSTEM, REGULATORY SYSTEMS, REVENUE, REVENUE ADEQUACY, REVENUE ASSIGNMENT, REVENUE AUTHORITY, REVENUE COLLECTIONS, REVENUE GROWTH, REVENUE LOSS, REVENUE MOBILIZATION, REVENUE NEEDS, REVENUE PERFORMANCE, REVENUE SHORTFALLS, REVENUE SOURCE, REVENUE SOURCES, REVENUE STRUCTURE, RISK, SALES TAXES, SAVING, SAVINGS, SEWERAGE SERVICES, SHARE, SMALL BUSINESS, SMALL BUSINESSES, SMALL TOWN, SMALL TOWNS, SOCIAL SERVICES, STAMP DUTIES, STAMP DUTY, STATE GOVERNMENT, STATE GOVERNMENTS, STRATEGIES, SUBNATIONAL, SUBNATIONAL AUTHORITIES, SUBNATIONAL EXPENDITURE, SUBNATIONAL GOVERNMENT, SUBNATIONAL GOVERNMENTS, SUBNATIONAL REFORM, SURCHARGES, TARIFFS, TAX, TAX ADMINISTRATION, TAX ADMINISTRATION CAPACITY, TAX ASSESSMENTS, TAX BASE, TAX BASES, TAX BURDEN, TAX BURDENS, TAX CODE, TAX COLLECTION, TAX COLLECTIONS, TAX COLLECTORS, TAX EXPENDITURE, TAX INSTRUMENTS, TAX RATE, TAX RATES, TAX REFORM, TAX REFORMS, TAX REGIMES, TAX REVENUE, TAX REVENUES, TAX STRUCTURE, TAX SYSTEM, TAX SYSTEMS, TAXATION, TAXES, TAXES ON PROPERTY, TAXPAYERS, TECHNICAL ASSISTANCE, TOWN, TOWNS, TRANSACTIONS, TRANSFERS, TRANSITION COUNTRIES, TRANSITION ECONOMIES, TRANSPARENCY, TRANSPORT, TREASURY, TURNOVER, UNFUNDED MANDATES, USER CHARGES, UTILITIES, VALUATION, VALUATION SYSTEMS, VALUE, VILLAGE,
Online Access:	http://documents.worldbank.org/curated/en/941801468330899503/Avoiding-the-fiscal-pitfalls-of-subnational-regulation-how-to-optimize-local-regulatory-fees-to-encourage-growth https://hdl.handle.net/10986/27217
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