Tax Reforms toward Fiscal Consolidation. Norio Usui

      Tax Reforms toward

      Fiscal Consolidation

      Policy Options for the Government

      of the Philippines

      Norio Usui

      Asian Development Bank

      © 2011 Asian Development Bank

      All rights reserved. Published 2011.

      Printed in the Philippines.

      ISBN 978-92-9092-409-8

      Publication Stock No. RPT113884

      Cataloging-In-Publication Data

      Usui, Norio.

      Tax reforms toward fiscal consolidation: Policy options for the Government of the Philippines. Mandaluyong City, Philippines: Asian Development Bank, 2011.

      1. Tax reforms.2. Fiscal administration.3. Philippines.I. Asian Development Bank.

      The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent.

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      Cover photo by Rita Festin.

      Note:

      In this report, “$” refers to US dollars.

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      This note is prepared by Norio Usui, senior country economist, Philippines Country Office (PhCO), to elicit discussion and comments. The original paper was prepared in July 2010 as a PhCO policy note when the new administration came in. The findings, interpretations, and views expressed are entirely those of the author, and do not necessarily represent the views of the Asian Development Bank, its executive directors, or the countries they represent. Questions and comments can be addressed to the author ([email protected]).