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Comprehensive Tax Reform in the Philippines: Principles, History and Recommendations

Author

Listed:
  • Renato E. Reside, Jr.

    (School of Economics, University of the Philippines Diliman)

  • Lee Burns

    (University of Sydney, Australia)

Abstract

The new Duterte administration is planning to undertake a reform of the country’s tax system. This paper provides a background to options available to the government moving forward, starting with basic principles of taxation, criteria for evaluation, tax instruments and mix of instruments. The background is complemented by a review of the history of past tax reforms in the Philippines, from the end of the Marcos regime to the Aquino administration. The historical and episodic assessment ends with a list of lessons learned from the past. Finally, recommendations are made for both tax policy and tax administration.

Suggested Citation

  • Renato E. Reside, Jr. & Lee Burns, 2016. "Comprehensive Tax Reform in the Philippines: Principles, History and Recommendations," UP School of Economics Discussion Papers 201610, University of the Philippines School of Economics.
    • Handle: RePEc:phs:dpaper:201610
    as

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    File URL: http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/1497
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    References listed on IDEAS

    as
    1. Renato E. Reside Jr., 2006. "Towards Rational Fiscal Incentives (Good Investments or Wasted Gifts?)," UP School of Economics Discussion Papers 200601, University of the Philippines School of Economics.
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    More about this item

    Keywords

    tax reform; taxation; Philippines;
    All these keywords.

    JEL classification:

    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development

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