Tax Reforms toward Fiscal Consolidation. Norio Usui

      

      Tax Reforms toward

      Fiscal Consolidation

      Policy Options for the Government

      of the Philippines

      Norio Usui

      Asian Development Bank

      © 2011 Asian Development Bank

      All rights reserved. Published 2011.

      Printed in the Philippines.

      ISBN 978-92-9092-409-8

      Publication Stock No. RPT113884

      Cataloging-In-Publication Data

      Usui, Norio.

      Tax reforms toward fiscal consolidation: Policy options for the Government of the Philippines. Mandaluyong City, Philippines: Asian Development Bank, 2011.

      1. Tax reforms.2. Fiscal administration.3. Philippines.I. Asian Development Bank.

      The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

      ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use.

      By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

      ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgment of ADB. Users are restricted from reselling, redistributing, or creating derivative works for commercial purposes without the express, written consent of ADB.

      Cover photo by Rita Festin.

      Note:

      In this report, “$” refers to US dollars.

      Asian Development Bank

      6 ADB Avenue, Mandaluyong City

      1550 Metro Manila, Philippines

      Tel [phone]

      Fax [phone]

       www.adb.org

      For orders, please contact:

      Department of External Relations

      Fax [phone]

       [email protected]

      This note is prepared by Norio Usui, senior country economist, Philippines Country Office (PhCO), to elicit discussion and comments. The original paper was prepared in July 2010 as a PhCO policy note when the new administration came in. The findings, interpretations, and views expressed are entirely those of the author, and do not necessarily represent the views of the Asian Development Bank, its executive directors, or the countries they represent. Questions and comments can be addressed to the author ([email protected]).