Distributional Implications of the VAT Reform in the Philippines
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper assesses the distributional impact of the recent VAT reform in the Philippines and evaluates alternative methods to mitigate the effects of the reform on poor households. The reform was progressive and relatively well targeted. To alleviate the impact of the reform on the poor, several mitigating measures were introduced. Although these measures reduced the adverse impact of the VAT reform for all households, a sizable amount of the benefit accrued to high-income households. Targeted transfer schemes have the potential to deliver a much higher percentage of benefits to the poor.
Series:
Working Paper No. 2007/153
Subject:
Consumption Education Household consumption Income Value-added tax
English
Publication Date:
July 1, 2007
ISBN/ISSN:
9781451867176/1018-5941
Stock No:
WPIEA2007153
Pages:
28
Please address any questions about this title to publications@imf.org