Tax Incentives in the Philippines
AbstractThe Philippines is faced with a policy dilemma in the area of corporate taxation. On the one hand, the country has, over the past few years, witnessed a decline in revenue as a share of output. On the other, it is operating in an increasingly competitive regional market for foreign direct investment. In order to remain competitive, the Philippines offers a broad array of fiscal incentives to entice inward investment and pursue the country''s development goals. This paper looks at the fiscal incentives available in the Philippines, compares them with those available in the ASEAN region, and with the evidence on the efficacy of tax incentives in a global context. The paper provides some broad conclusions on the use of the various forms of tax incentives in the Philippines and on their administration.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 01/181.
Date of creation: 01 Nov 2001
Date of revision:
Contact details of provider:
Postal: International Monetary Fund, Washington, DC USA
Phone: (202) 623-7000
Fax: (202) 623-4661
Web page: http://www.imf.org/external/pubind.htm
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Michael J. Boskin, 1987. "Tax Policy and the International Location of Investment," NBER Chapters, National Bureau of Economic Research, Inc, in: Taxes and Capital Formation, pages 73-82 National Bureau of Economic Research, Inc.
- Ching-huei Chang & Peter W. H. Cheng, 1992. "Tax Policy and Foreign Direct Investment in Taiwan," NBER Chapters, National Bureau of Economic Research, Inc, in: The Political Economy of Tax Reform, NBER-EASE Volume 1, pages 315-338 National Bureau of Economic Research, Inc.
- Shah, Anwar & Slemrod, Joel, 1991. "Do Taxes Matter for Foreign Direct Investment?," World Bank Economic Review, World Bank Group, World Bank Group, vol. 5(3), pages 473-91, September.
- Itagaki, Takao, 1979. "Theory of the Multinational Firm: An Analysis of Effects of Government Policies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(2), pages 437-48, June.
- Peter K. Clark, 1993. "Tax Incentives and Equipment Investment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1), pages 317-347.
- Chen, Jo-Hui, 1998. "The Effects of International Competition of Fiscal Incentives on Foreign Direct Investment," Economia Internazionale / International Economics, Camera di Commercio di Genova, Camera di Commercio di Genova, vol. 51(4), pages 497-516.
- repec:phd:rpseri:rps_1994-10 is not listed on IDEAS
- Agarwal, Jamuna Prasad, 1986. "Home country incentives and FDI in ASEAN countries," Kiel Working Papers 258, Kiel Institute for the World Economy.
- Alexander Klemm & Dennis P. J. Botman & Reza Baqir, 2008. "Investment Incentives and Effective Tax Rates in the Philippines," IMF Working Papers, International Monetary Fund 08/207, International Monetary Fund.
- Sebastian Sosa, 2006. "Tax Incentives and Investment in the Eastern Caribbean," IMF Working Papers, International Monetary Fund 06/23, International Monetary Fund.
- Kevin Fletcher, 2005. "Increasing Public Sector Revenue in the Philippines," IMF Working Papers, International Monetary Fund 05/22, International Monetary Fund.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jim Beardow) or (Hassan Zaidi).
If references are entirely missing, you can add them using this form.