(c) Regulations and tariff structure

(i) A common environmental taxation structure

Policy recommendations, often in the context of structural adjustment programmes, have generally been confined to tax rebates, the elimination of red tape and the establishment of export processing zones.

The best response would be to enact strong controls on budgets, together with structural reforms to promote growth. In the US, which has the most progressive income tax among the major economies, federal tax reforms that would lower the rates and broaden the base are being discussed.

(f) Refunds of overpaid taxes

One of the most efficient tax raising methods is the US payroll tax, for which the marginal tax rate is close to the average rate (because deductions are absent and there is little graduation in the rate structure). Therefore, cutting the payroll tax rate in 2011 2012 and making the rate schedule more graduated (on the Medicare side) were mistakes from the standpoint of efficient taxation.

3. Urges those member States which have outstanding balances on foreign tax accounts receivable to provide the reimbursement due as quickly as possible

30. The Government has reformed the tax structure, reducing overall rates while widening coverage through improved efficiency in collection.

Reimbursement of taxes and other charges

Income tax (under the Tax

This improvement was in part due to the reimbursement by the Palestinian Authority of value added tax (VAT) owed from prior years.

A structural revision of the tax system is under way, the goal being to simplify and reduce the number of the rates, identify taxpayers and streamline administrative procedures.

In developing countries, tax holidays, exemptions from import duties and duty drawbacks are more prominent.

(d) Income tax refund policy

Foreign tax accounts receivable

reimbursement of taxes to staff members who may be subject to national taxation in respect of their CCD emoluments and

Bureaucracy and the taxation system pose a heavy burden, while the structures which exist in mature market economies to support business activity are lacking.

The operation of the drawback scheme has been improved.

However, the Government still faces major economic challenges, including unpaid individual tax refunds, earned income tax credits, Government agencies in arrears on a rent and vendor payments, the retirement fund's unfunded liability, a large operating debt and a severe shortfall in health funding.22

The customs shall verify and notify the taxpayer to handle the return formalities within 30 days upon accepting the application for return of tax.

The customs shall verify and notify the taxpayer to handle the formalities related to the refunding of the overpaid part within 30 days upon accepting the application for duty refund.

However, there is a VAT refund scheme for tourists, who may claim the refund on certain items purchased in Thailand.

(ii) If the amount of such income taxes exceeds the amount of staff assessment, the Secretary General may also pay to the staff member the amount of such excess

8 The Swiss formula produces steeper cuts on higher tariffs and leads to harmonization of tariff structures across the board.

6. Urges those Member States that have outstanding balances on foreign tax accounts receivable to provide the reimbursement due as quickly as possible

Not only the level of a tariff, but also the tariff structure may imply a distortion of international production and trading conditions and constitute additional barriers to market access.

In cases where provisions of other related laws and administrative regulations provide for refund of customs duties, the customs shall return the customs duties in line with the competent provisions.

To entrust the Secretariat with responsibility for continue to monitor the application of the uniform Arab tariff structure governing fees and charges in Arab ports, and the extent to which Member States have brought their national legislation and regulations into line with that structure.

At 30 June 2005, the total amount of VAT still due to the Agency from the Palestinian Authority was approximately 7.4 million.

The taxpayer shall handle the related tax refund formalities within 3 months, starting from the day of receiving the notice.

The taxpayer shall handle the related duty refunding formalities within three months upon receiving the notice.

Look for a sign saying VAT Refund for Tourists .

Financial rebates, in the form of import tax exemptions and domestic tax rebates, were also available to non traditional export sectors.

Tax policy and institutions

In the current year, child benefits are always paid as a tax refund.

The import tariff structure has been revised and simplified in consultation with the private sector, and tariffs have been reduced for raw materials, capital and intermediate goods.

The second battle involves long run structural issues slowing the growth of government spending, reforming taxes, and increasing labor market flexibility. In Europe, for example, raising the retirement age for public pensions and shrinking government employment would curtail welfare state excesses.

This tax credit replaces the family benefits program, the non refundable tax credit for dependent children and the tax reduction for families.

A more radical proposal would convert the tax deduction into a means tested and refundable matching government contribution deposited directly into a taxpayer s individual retirement account (IRA). Taxpayers are more responsive to matching incentives than they are to tax incentives, because the former are easier to understand and more transparent.

In cases where the customs discovers that it has surcharged duties, it shall notify the taxpayer to handle the related formalities of duty refund.

2. goods for which export duties have been paid are transported into the country without changing state due to quality or specification problems, and for which taxes of domestic links returned upon exportation have been paid

Schedule 6. Summary of foreign tax accounts receivable . 99

As a result of the work done, no significant matter came to our attention.

85. It was stated that the stability of the tax regime was crucial for the success of privately financed infrastructure projects.

(c) Weak follow up on the refund of duties and taxes under the privilege and immunities clause resulting in non recovery of 2.3 million by sales partners.