Bird, Richard2012-08-132012-08-132010-10https://hdl.handle.net/10986/10152The 'smartest' development policy needs to be underpinned by 'smart' tax policy. However, the best tax policy in the world is worth little if it cannot be implemented effectively. What can be done, to a considerable extent, inevitably determines what is done. Increasing tax revenues requires an effective tax administration: new taxpayers must be identified and brought into the tax net, and new collection techniques developed. Implementing such changes invariably takes time.CC BY 3.0 IGOADDED TAXESADMINISTRATIVE PROCEDURESBANKING SYSTEMCOMPLIANCE COSTSCOMPUTER SYSTEMSCONSUMPTION TAXCORPORATE TAXDEFAULTERSDEVELOPED COUNTRIESDEVELOPING COUNTRIESDISTRIBUTION OF INCOMEECONOMIC CRISISENVIRONMENTSEQUIPMENTEXCISE TAXESEXPENDITUREEXPENDITURESEXPORTEXPORT GROWTHFINANCIAL MARKETSGLOBAL TRADEGLOBALIZATIONGOVERNMENT POLICIESINCOMEINCOME TAXINCOME TAX DEDUCTIONSINCOME TAXESINFORMAL ECONOMYINFORMATION SYSTEMSINFORMATION TECHNOLOGYINTEREST CHARGESINTERNATIONAL TRADELATE PAYMENTSLEGAL SYSTEMSLIBERALIZATIONSLOCAL MARKETSMIDDLE-INCOME COUNTRIESNONPAYMENTOUTSOURCINGPAYMENT FACILITIESPOLICY ENVIRONMENTPROPERTY TAXESREGISTRATION PROCESSRETURNTAXTAX ADMINISTRATIONTAX BASETAX BASESTAX BASISTAX COLLECTIONTAX COLLECTORSTAX COMPLIANCETAX ENFORCEMENTTAX EVASIONTAX LAWSTAX LEGISLATIONTAX LIABILITIESTAX POLICYTAX RATETAX REFORMTAX RETURNSTAX REVENUESTAX STRUCTURETAX STRUCTURESTAX SYSTEMTAXATIONTAXPAYERTAXPAYER COMPLIANCETAXPAYER SERVICETAXPAYER SERVICESTAXPAYERSTRADE TAXTRADINGVOLATILITYWorld Bank10.1596/10152