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Tax Performance Analysis of the National Government, CY 1998-1999


The paper evaluates the tax performance of the National Government (NG) during CY 1998-1999. It notes that the National Government's revenue effort of 15.2% decreased by 8.1% from the previous year's 16.6%. The ratio of total tax revenues to GNP of 13.7% likewise declined by 7.8% from 14.9%. It remarks that collection from the corporate income tax is largest among the direct taxes while the license and business taxes (LBT) and import duties topped other indirect taxes.

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