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Income Taxation of the Top Earners in Honduras: Linking Personal and Corporate Taxes

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dc.contributor.authorScot, Thiago
dc.contributor.authorBachas, Pierre
dc.contributor.authorCesteros, Santiago
dc.contributor.authorFlores, Tatiana
dc.contributor.authorOqueli, Gabriel
dc.contributor.authorEspinal Hernandez, Edgardo Enrique
dc.contributor.authorPonce Nuñez, Wilman Alonso
dc.contributor.authorCanales Licona, Sahira Rocio
dc.date.accessioned2025-03-12T18:56:45Z
dc.date.available2025-03-12T18:56:45Z
dc.date.issued2025-03-12
dc.description.abstractThis note examines the effective income tax rates of top earners in Honduras, using a novel approach that links personal and corporate income tax data. This comprehensive income measure, achieved through collaboration with the Honduras Tax Authority (SAR), reveals a crucial link between the design of personal and corporate income taxes. The findings indicate that over 50% of total comprehensive income for the top 0.05% of earners comes from undistributed corporate profits, while distributed capital income accounts for less than 15%. The effective tax rate (ETR) for the top 0.01% of earners hovers around 25%, which is relatively flat compared to the significant drop observed in high-income countries. This is attributed to Honduras’s flat corporate income tax rate of 25% aligning with the highest marginal rate for personal income.en
dc.identifierhttp://documents.worldbank.org/curated/en/099726303072530043
dc.identifier.doi10.1596/42937
dc.identifier.urihttps://hdl.handle.net/10986/42937
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesProsperity Insight Series
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectINCOME TAX RATES
dc.subjectHONDURAS TAX AUTHORITY (SAR)
dc.subjectDISTRIBUTED CAPITAL INCOME
dc.subjectEFFECTIVE TAX RATE
dc.titleIncome Taxation of the Top Earners in Hondurasen
dc.title.subtitleLinking Personal and Corporate Taxesen
dc.typeWorking Paper
dspace.entity.typePublication
okr.associatedcontenthttps://reproducibility.worldbank.org/index.php/catalog/227 Link to reproducibility package
okr.date.disclosure2025-03-12
okr.date.doiregistration2025-04-14T11:55:34.940269Z
okr.date.lastmodified2025-03-10T17:05:21Zen
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099726303072530043
okr.guid099726303072530043
okr.identifier.docmidIDU-475a0501-767b-47ac-8a41-418ce08e5850
okr.identifier.externaldocumentum34463746
okr.identifier.internaldocumentum34463746
okr.identifier.report197707
okr.import.id6841
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099726303072530043/pdf/IDU-475a0501-767b-47ac-8a41-418ce08e5850.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryHonduras
okr.topicMacroeconomics and Economic Growth::Income
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.unitDECRG - Development Research Group
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