Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation
A good investment climate for tourism, underpinned by a sound tax regime, can play a central role in a government's growth and development strategy. Yet in many countries, tax systems for the tourism sector are characterized by exemption schem...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2010/06/13837868/taxing-tourism-developing-countries http://hdl.handle.net/10986/10485 |
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okr-10986-10485 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
| topic |
ACCOMMODATIONS ADDED TAX ADVOCACY GROUP AFFLUENT COUNTRIES AIR AIR TRAVEL AIRLINE TICKET AIRPORT AIRPORT TAXES AMORTIZATION BEACHES BROKERAGE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INVESTMENT BUSINESS REGULATIONS CAPITAL ASSETS CAPITAL INVESTMENT CARRIERS CHECKS COMMODITY COMPETITIVE MARKET COMPETITIVE MARKETS COMPLIANCE COSTS CONSUMERS CORPORATE INCOME TAX CORPORATE TAX COST OF CAPITAL CULTURAL HERITAGE CURRENCY DEDUCTIONS DESTINATIONS DEVELOPING COUNTRIES DOMESTIC MARKETS DOMESTIC TRAVEL ECONOMIES OF SCALE EFFECTIVE TAX RATES EQUIPMENT EXPENDITURES EXPORTERS EXTERNALITIES FARES FINANCE CORPORATION FINANCIAL BURDEN FIRM GROWTH FISHING FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FORMS OF TOURISM FUEL FUEL CHARGES FUEL TAX GIFTS GLOBAL EXPORTS GOVERNMENT REVENUE GROSS DOMESTIC PRODUCT HOTEL HOTEL OPERATORS HOTELS INCENTIVE REGIMES INCOME INCOME TAX INDIRECT TAXATION INSPECTION INSTRUMENT INSURANCE INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL HOTEL INTERNATIONAL HOTEL ASSOCIATION INTERNATIONAL TOUR OPERATORS INTERNATIONAL TRAVEL INVESTMENT CLIMATE JOB CREATION LEISURE TRAVEL LEVEL PLAYING FIELD LEVIES LEVY LEVY SYSTEM LOCAL INVESTORS LOCAL TRANSPORT MACROECONOMIC ENVIRONMENT MONETARY FUND NATIONAL PARK NATURAL RESOURCE NATURAL RESOURCES OUTPUTS PARKS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRIVATE SECTOR DEVELOPMENT PROFIT MARGINS REGISTRATION FEE RESORTS RETURNS SAFARIS SAFETY SALES TAXES SMALL BUSINESS SMALL BUSINESSES TAX TAX ADMINISTRATION TAX AVOIDANCE TAX BASES TAX COLLECTION TAX COMPETITION TAX CREDITS TAX INCENTIVES TAX LAW TAX OBLIGATIONS TAX RATE TAX RATES TAX REGIME TAX REGIMES TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TOUR GUIDING TOUR OPERATOR TOUR OPERATORS TOURISM TOURISM ACTIVITIES TOURISM BUSINESSES TOURISM DEVELOPMENT TOURISM INDUSTRY TOURISM INVESTMENT TOURISM INVESTMENTS TOURISM OPERATORS TOURISM PRODUCT TOURISM PRODUCTS TOURISM SECTOR TOURISM SERVICES TOURISM TAXATION TOURISM VALUE CHAIN TOURIST TOURISTS TRANSFER TAXES TRANSIT TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORTATION TRAVEL AGENTS TRAVEL BUSINESSES TRAVEL COSTS TRUE TURNOVER VEHICLES VISITOR WITHHOLDING TAX WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRAVEL & TOURISM COUNCIL |
| spellingShingle |
ACCOMMODATIONS ADDED TAX ADVOCACY GROUP AFFLUENT COUNTRIES AIR AIR TRAVEL AIRLINE TICKET AIRPORT AIRPORT TAXES AMORTIZATION BEACHES BROKERAGE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INVESTMENT BUSINESS REGULATIONS CAPITAL ASSETS CAPITAL INVESTMENT CARRIERS CHECKS COMMODITY COMPETITIVE MARKET COMPETITIVE MARKETS COMPLIANCE COSTS CONSUMERS CORPORATE INCOME TAX CORPORATE TAX COST OF CAPITAL CULTURAL HERITAGE CURRENCY DEDUCTIONS DESTINATIONS DEVELOPING COUNTRIES DOMESTIC MARKETS DOMESTIC TRAVEL ECONOMIES OF SCALE EFFECTIVE TAX RATES EQUIPMENT EXPENDITURES EXPORTERS EXTERNALITIES FARES FINANCE CORPORATION FINANCIAL BURDEN FIRM GROWTH FISHING FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FORMS OF TOURISM FUEL FUEL CHARGES FUEL TAX GIFTS GLOBAL EXPORTS GOVERNMENT REVENUE GROSS DOMESTIC PRODUCT HOTEL HOTEL OPERATORS HOTELS INCENTIVE REGIMES INCOME INCOME TAX INDIRECT TAXATION INSPECTION INSTRUMENT INSURANCE INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL HOTEL INTERNATIONAL HOTEL ASSOCIATION INTERNATIONAL TOUR OPERATORS INTERNATIONAL TRAVEL INVESTMENT CLIMATE JOB CREATION LEISURE TRAVEL LEVEL PLAYING FIELD LEVIES LEVY LEVY SYSTEM LOCAL INVESTORS LOCAL TRANSPORT MACROECONOMIC ENVIRONMENT MONETARY FUND NATIONAL PARK NATURAL RESOURCE NATURAL RESOURCES OUTPUTS PARKS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRIVATE SECTOR DEVELOPMENT PROFIT MARGINS REGISTRATION FEE RESORTS RETURNS SAFARIS SAFETY SALES TAXES SMALL BUSINESS SMALL BUSINESSES TAX TAX ADMINISTRATION TAX AVOIDANCE TAX BASES TAX COLLECTION TAX COMPETITION TAX CREDITS TAX INCENTIVES TAX LAW TAX OBLIGATIONS TAX RATE TAX RATES TAX REGIME TAX REGIMES TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TOUR GUIDING TOUR OPERATOR TOUR OPERATORS TOURISM TOURISM ACTIVITIES TOURISM BUSINESSES TOURISM DEVELOPMENT TOURISM INDUSTRY TOURISM INVESTMENT TOURISM INVESTMENTS TOURISM OPERATORS TOURISM PRODUCT TOURISM PRODUCTS TOURISM SECTOR TOURISM SERVICES TOURISM TAXATION TOURISM VALUE CHAIN TOURIST TOURISTS TRANSFER TAXES TRANSIT TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORTATION TRAVEL AGENTS TRAVEL BUSINESSES TRAVEL COSTS TRUE TURNOVER VEHICLES VISITOR WITHHOLDING TAX WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRAVEL & TOURISM COUNCIL Corthay, Laurent Loeprick, Jan Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation |
| relation |
Investment Climate in Practice; No. 14 |
| description |
A good investment climate for tourism,
underpinned by a sound tax regime, can play a central role
in a government's growth and development strategy. Yet
in many countries, tax systems for the tourism sector are
characterized by exemption schemes and instruments that
generate little revenue and burden business. This note
focuses on the three main issues facing policymakers dealing
with tourism taxation in developing countries: fiscal
incentives, sector-specific levies, and value-added tax
(VAT). It discusses different policy options to encourage
tourism investments while ensuring sustainable revenue
collection. A good business environment for tourism is
essential to support the industry's central role in
many countries' development strategies. Investments in
the sector, which has significant growth potential among
developing countries, can have important positive spillovers
on poverty reduction. Tourism is a complex industry of
numerous subsectors. It is challenging to define exactly
what constitutes a tourism product and how to tax it;
tourism is not a single commodity, but rather a collection
of many different goods and services provided by a wide
range of suppliers. The tourism value chain encompasses a
variety of different actors, including hotels, air carriers
and transport companies, tour operators, travel agents,
rental agencies, and countless suppliers from other sectors. |
| format |
Publications & Research :: Brief |
| author |
Corthay, Laurent Loeprick, Jan |
| author_facet |
Corthay, Laurent Loeprick, Jan |
| author_sort |
Corthay, Laurent |
| title |
Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation |
| title_short |
Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation |
| title_full |
Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation |
| title_fullStr |
Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation |
| title_full_unstemmed |
Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation |
| title_sort |
taxing tourism in developing countries : principles for improving the investment climate through simple, fair, and transparent taxation |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2010/06/13837868/taxing-tourism-developing-countries http://hdl.handle.net/10986/10485 |
| _version_ |
1764413266797264896 |
| spelling |
okr-10986-104852021-04-23T14:02:50Z Taxing Tourism in Developing Countries : Principles for Improving the Investment Climate Through Simple, Fair, and Transparent Taxation Corthay, Laurent Loeprick, Jan ACCOMMODATIONS ADDED TAX ADVOCACY GROUP AFFLUENT COUNTRIES AIR AIR TRAVEL AIRLINE TICKET AIRPORT AIRPORT TAXES AMORTIZATION BEACHES BROKERAGE BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS INVESTMENT BUSINESS REGULATIONS CAPITAL ASSETS CAPITAL INVESTMENT CARRIERS CHECKS COMMODITY COMPETITIVE MARKET COMPETITIVE MARKETS COMPLIANCE COSTS CONSUMERS CORPORATE INCOME TAX CORPORATE TAX COST OF CAPITAL CULTURAL HERITAGE CURRENCY DEDUCTIONS DESTINATIONS DEVELOPING COUNTRIES DOMESTIC MARKETS DOMESTIC TRAVEL ECONOMIES OF SCALE EFFECTIVE TAX RATES EQUIPMENT EXPENDITURES EXPORTERS EXTERNALITIES FARES FINANCE CORPORATION FINANCIAL BURDEN FIRM GROWTH FISHING FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENT FOREIGN INVESTORS FORMS OF TOURISM FUEL FUEL CHARGES FUEL TAX GIFTS GLOBAL EXPORTS GOVERNMENT REVENUE GROSS DOMESTIC PRODUCT HOTEL HOTEL OPERATORS HOTELS INCENTIVE REGIMES INCOME INCOME TAX INDIRECT TAXATION INSPECTION INSTRUMENT INSURANCE INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL HOTEL INTERNATIONAL HOTEL ASSOCIATION INTERNATIONAL TOUR OPERATORS INTERNATIONAL TRAVEL INVESTMENT CLIMATE JOB CREATION LEISURE TRAVEL LEVEL PLAYING FIELD LEVIES LEVY LEVY SYSTEM LOCAL INVESTORS LOCAL TRANSPORT MACROECONOMIC ENVIRONMENT MONETARY FUND NATIONAL PARK NATURAL RESOURCE NATURAL RESOURCES OUTPUTS PARKS PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRIVATE SECTOR DEVELOPMENT PROFIT MARGINS REGISTRATION FEE RESORTS RETURNS SAFARIS SAFETY SALES TAXES SMALL BUSINESS SMALL BUSINESSES TAX TAX ADMINISTRATION TAX AVOIDANCE TAX BASES TAX COLLECTION TAX COMPETITION TAX CREDITS TAX INCENTIVES TAX LAW TAX OBLIGATIONS TAX RATE TAX RATES TAX REGIME TAX REGIMES TAX SYSTEM TAX SYSTEMS TAXATION TAXPAYERS TOUR GUIDING TOUR OPERATOR TOUR OPERATORS TOURISM TOURISM ACTIVITIES TOURISM BUSINESSES TOURISM DEVELOPMENT TOURISM INDUSTRY TOURISM INVESTMENT TOURISM INVESTMENTS TOURISM OPERATORS TOURISM PRODUCT TOURISM PRODUCTS TOURISM SECTOR TOURISM SERVICES TOURISM TAXATION TOURISM VALUE CHAIN TOURIST TOURISTS TRANSFER TAXES TRANSIT TRANSPARENCY TRANSPORT TRANSPORT COSTS TRANSPORTATION TRAVEL AGENTS TRAVEL BUSINESSES TRAVEL COSTS TRUE TURNOVER VEHICLES VISITOR WITHHOLDING TAX WORLD TOURISM WORLD TOURISM ORGANIZATION WORLD TRAVEL & TOURISM COUNCIL A good investment climate for tourism, underpinned by a sound tax regime, can play a central role in a government's growth and development strategy. Yet in many countries, tax systems for the tourism sector are characterized by exemption schemes and instruments that generate little revenue and burden business. This note focuses on the three main issues facing policymakers dealing with tourism taxation in developing countries: fiscal incentives, sector-specific levies, and value-added tax (VAT). It discusses different policy options to encourage tourism investments while ensuring sustainable revenue collection. A good business environment for tourism is essential to support the industry's central role in many countries' development strategies. Investments in the sector, which has significant growth potential among developing countries, can have important positive spillovers on poverty reduction. Tourism is a complex industry of numerous subsectors. It is challenging to define exactly what constitutes a tourism product and how to tax it; tourism is not a single commodity, but rather a collection of many different goods and services provided by a wide range of suppliers. The tourism value chain encompasses a variety of different actors, including hotels, air carriers and transport companies, tour operators, travel agents, rental agencies, and countless suppliers from other sectors. 2012-08-13T11:44:14Z 2012-08-13T11:44:14Z 2010-06 http://documents.worldbank.org/curated/en/2010/06/13837868/taxing-tourism-developing-countries http://hdl.handle.net/10986/10485 English Investment Climate in Practice; No. 14 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |