The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil

This Note highlights the adverse consequences of informality for private sector development and explains what governments can do about it. It uses new data from the World Bank's Investment Climate Survey in Brazil that show for the first time...

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Main Authors:	Kapaz, Emerson, Kenyon, Thomas
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCURATE INFORMATION AFFILIATED ORGANIZATIONS COMPANY COMPETITORS CUSTOMS AUTHORITIES DEVICES ELECTRONICS EMPLOYMENT ENTREPRENEURS FEDERAL TAXES FIRM SIZE FIRMS GOVERNMENT REGULATIONS INNOVATIONS INTERNAL REVENUE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT LAWYERS MANUFACTURERS PROFITABILITY PUBLIC POLICY INNOVATIONS REGULATORY BURDEN SALES TAX SHOPS SMALL BUSINESS SMALL ENTERPRISES TAX ADMINISTRATION TAX AUTHORITIES TAX BANDS TAX BASE TAX BURDEN TAX COLLECTION TAX COMPLIANCE TAX ENFORCEMENT TAX EVASION TAX OBLIGATIONS TAX RATES TAX REFORM TAXATION TELECOMMUNICATIONS TRANSPARENCY
Online Access:	http://documents.worldbank.org/curated/en/2005/12/6567442/informality-trap-tax-evasion-finance-productivity-brazil http://hdl.handle.net/10986/11201

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recordtype	oai_dc
spelling	okr-10986-112012021-04-23T14:02:54Z The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil Kapaz, Emerson Kenyon, Thomas ACCURATE INFORMATION AFFILIATED ORGANIZATIONS COMPANY COMPETITORS CUSTOMS AUTHORITIES DEVICES ELECTRONICS EMPLOYMENT ENTREPRENEURS FEDERAL TAXES FIRM SIZE FIRMS GOVERNMENT REGULATIONS INNOVATIONS INTERNAL REVENUE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT LAWYERS MANUFACTURERS PROFITABILITY PUBLIC POLICY INNOVATIONS REGULATORY BURDEN SALES TAX SHOPS SMALL BUSINESS SMALL ENTERPRISES TAX ADMINISTRATION TAX AUTHORITIES TAX BANDS TAX BASE TAX BURDEN TAX COLLECTION TAX COMPLIANCE TAX ENFORCEMENT TAX EVASION TAX OBLIGATIONS TAX RATES TAX REFORM TAXATION TELECOMMUNICATIONS TRANSPARENCY This Note highlights the adverse consequences of informality for private sector development and explains what governments can do about it. It uses new data from the World Bank's Investment Climate Survey in Brazil that show for the first time the extent of tax evasion and confirm that informal firms are less productive and less likely to access financial markets than other firms. It also provides some advice on how to tackle the problem-by emphasizing the benefits of regulatory compliance, reducing the costs of going formal, and tightening up enforcement. 2012-08-13T14:26:01Z 2012-08-13T14:26:01Z 2005-12-01 http://documents.worldbank.org/curated/en/2005/12/6567442/informality-trap-tax-evasion-finance-productivity-brazil Public policy fo the private sector. -- Note no. 301 (December 2005) http://hdl.handle.net/10986/11201 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCURATE INFORMATION AFFILIATED ORGANIZATIONS COMPANY COMPETITORS CUSTOMS AUTHORITIES DEVICES ELECTRONICS EMPLOYMENT ENTREPRENEURS FEDERAL TAXES FIRM SIZE FIRMS GOVERNMENT REGULATIONS INNOVATIONS INTERNAL REVENUE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT LAWYERS MANUFACTURERS PROFITABILITY PUBLIC POLICY INNOVATIONS REGULATORY BURDEN SALES TAX SHOPS SMALL BUSINESS SMALL ENTERPRISES TAX ADMINISTRATION TAX AUTHORITIES TAX BANDS TAX BASE TAX BURDEN TAX COLLECTION TAX COMPLIANCE TAX ENFORCEMENT TAX EVASION TAX OBLIGATIONS TAX RATES TAX REFORM TAXATION TELECOMMUNICATIONS TRANSPARENCY
spellingShingle	ACCURATE INFORMATION AFFILIATED ORGANIZATIONS COMPANY COMPETITORS CUSTOMS AUTHORITIES DEVICES ELECTRONICS EMPLOYMENT ENTREPRENEURS FEDERAL TAXES FIRM SIZE FIRMS GOVERNMENT REGULATIONS INNOVATIONS INTERNAL REVENUE INVESTMENT CLIMATE INVESTMENT CLIMATE ASSESSMENT LAWYERS MANUFACTURERS PROFITABILITY PUBLIC POLICY INNOVATIONS REGULATORY BURDEN SALES TAX SHOPS SMALL BUSINESS SMALL ENTERPRISES TAX ADMINISTRATION TAX AUTHORITIES TAX BANDS TAX BASE TAX BURDEN TAX COLLECTION TAX COMPLIANCE TAX ENFORCEMENT TAX EVASION TAX OBLIGATIONS TAX RATES TAX REFORM TAXATION TELECOMMUNICATIONS TRANSPARENCY Kapaz, Emerson Kenyon, Thomas The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil
relation	Viewpoint
description	This Note highlights the adverse consequences of informality for private sector development and explains what governments can do about it. It uses new data from the World Bank's Investment Climate Survey in Brazil that show for the first time the extent of tax evasion and confirm that informal firms are less productive and less likely to access financial markets than other firms. It also provides some advice on how to tackle the problem-by emphasizing the benefits of regulatory compliance, reducing the costs of going formal, and tightening up enforcement.
format	Publications & Research :: Viewpoint
author	Kapaz, Emerson Kenyon, Thomas
author_facet	Kapaz, Emerson Kenyon, Thomas
author_sort	Kapaz, Emerson
title	The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil
title_short	The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil
title_full	The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil
title_fullStr	The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil
title_full_unstemmed	The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil
title_sort	informality trap : tax evasion, finance, and productivity in brazil
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2005/12/6567442/informality-trap-tax-evasion-finance-productivity-brazil http://hdl.handle.net/10986/11201
_version_	1764415886631895040

The Informality Trap : Tax Evasion, Finance, and Productivity in Brazil

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