Performance of tax simplification around the world

A complex tax system may affect the ease of doing business in a specific country through rising fixed cost and the opportunity cost of taxpayers' time, thus constituting a barrier to foreign direct investment and entrepreneur-ship. This study observes the tax competitiveness in its tax complexi...

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Detalhes bibliográficos
Autores: Nguyen, Trang Thi Thuy, Pham, Thai Binh, Prior Jiménez, Diego|||0000-0002-4669-2861, Hemmen, Stefan Félix van|||0000-0003-1452-166X
Formato: artículo
Fecha de publicación:2022
País:España
Recursos:Universitat Autònoma de Barcelona
Repositorio:Dipòsit Digital de Documents de la UAB
Idioma:inglés
OAI Identifier:oai:ddd.uab.cat:324163
Acesso em linha:https://ddd.uab.cat/record/324163
https://dx.doi.org/urn:doi:10.1016/j.seps.2021.101154
Access Level:acceso abierto
Palavra-chave:Tax system
Measuring the efficiency
Productivity change
Descrição
Resumo:A complex tax system may affect the ease of doing business in a specific country through rising fixed cost and the opportunity cost of taxpayers' time, thus constituting a barrier to foreign direct investment and entrepreneur-ship. This study observes the tax competitiveness in its tax complexity dimension, by covering 88 countries over timespan 2005-2016 and proposing the panel data nonparametric frontier method [1,2] for the model without explicit output (hereafter, panel data DEA-WEO). A thorough view on tax simplification performance was con-ducted by measuring the efficiency (both contemporaneous and long-run analysis), which allows producing a ranking, and examining the productivity change of these tax systems. Findings show the uptrend of tax systems' relative efficiency through years, from 31.2% (2005) to 52.6% (2016), along with an increasing convergence of the tax simplification trend. Switzerland was found to be the most efficient country, considering long-run per-formance; however, Norway appeared to have the most feasible practice and model in the segment. It was also found that the average productivity progress of tax simplification for both periods, 2006-2011 and 2011-2016, was 27.7% and 19.6%, respectively. The robustness analysis finds the positive impact of some macro environment-related factors on tax simplification performance, consolidating and validating the tax competi-tiveness insight of these tax systems.