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The bank debit tax in Colombia

Author

Listed:
  • María Angélica Arbeláez Restrepo
  • Leonard E. Burman
  • Sandra Consuelo Zuluaga

Abstract

This paper examines the history and economic effects of the BDT in Colombia. Section II reviews the history of the BDT in Colombia. Section III discusses its use throughout Latin America. Section IV examines the effects of Colombia’s BDT on efficiency, equity, and tax administration. Section V considers a potential reform option—converting Colombia’s BDT into a withholding tax. Section VI provides concluding remarks.

Suggested Citation

  • María Angélica Arbeláez Restrepo & Leonard E. Burman & Sandra Consuelo Zuluaga, 2004. "The bank debit tax in Colombia," Informes de Investigación 3565, Fedesarrollo.
    • Handle: RePEc:col:000124:003565
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    File URL: http://hdl.handle.net/11445/1037
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    References listed on IDEAS

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    Cited by:

    1. Ms. Thornton Matheson, 2011. "Taxing Financial Transactions: Issues and Evidence," IMF Working Papers 2011/054, International Monetary Fund.
    2. Chaudhry, Sajid Mukhtar & Mullineux, Andrew & Agarwal, Natasha, 2015. "Balancing the regulation and taxation of banking," International Review of Financial Analysis, Elsevier, vol. 42(C), pages 38-52.
    3. World Bank, 2005. "Colombia : Country Economic Memorandum, The Foundations for Competitiveness," World Bank Publications - Reports 8807, The World Bank Group.
    4. World Bank, 2005. "Colombia : Public Expenditure Review," World Bank Publications - Reports 8559, The World Bank Group.

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    More about this item

    Keywords

    Política Fiscal; Gastos públicos. Impuestos financieros; Política tributaria;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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