Philippine Standard time

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.

Citations

This publication has been cited time(s).