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...

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Main Author:	Corthay, Laurent
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
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 http://hdl.handle.net/10986/10566

id	okr-10986-10566
recordtype	oai_dc
spelling	okr-10986-105662021-04-23T14:02:51Z Local Taxes, Regulations, and the Business Environment : Finding the Right Balance Corthay, Laurent 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 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. 2012-08-13T12:05:30Z 2012-08-13T12:05:30Z 2009-04 http://documents.worldbank.org/curated/en/2009/04/10501455/local-taxes-regulations-business-environment-finding-right-balance http://hdl.handle.net/10986/10566 English Investment Climate in Practice; No. 5 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	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
spellingShingle	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 Corthay, Laurent Local Taxes, Regulations, and the Business Environment : Finding the Right Balance
relation	Investment Climate in Practice; No. 5
description	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.
format	Publications & Research :: Brief
author	Corthay, Laurent
author_facet	Corthay, Laurent
author_sort	Corthay, Laurent
title	Local Taxes, Regulations, and the Business Environment : Finding the Right Balance
title_short	Local Taxes, Regulations, and the Business Environment : Finding the Right Balance
title_full	Local Taxes, Regulations, and the Business Environment : Finding the Right Balance
title_fullStr	Local Taxes, Regulations, and the Business Environment : Finding the Right Balance
title_full_unstemmed	Local Taxes, Regulations, and the Business Environment : Finding the Right Balance
title_sort	local taxes, regulations, and the business environment : finding the right balance
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2009/04/10501455/local-taxes-regulations-business-environment-finding-right-balance http://hdl.handle.net/10986/10566
_version_	1764413564983967744

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

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