Taxing consumption in Jamaica
Richard Bird and
Kelly Edmiston ()
No 2006-01, Community Affairs Research Working Paper from Federal Reserve Bank of Kansas City
Abstract:
In Jamaica, as in most countries, consumption taxes in the form of a value-added tax called the General Consumption Tax (GCT) and several excise taxes collectively known as the Special Consumption Tax (SCT) are critically important revenue sources, accounting for 37.4 percent of total revenues in fiscal year 2003/04 (27.7 percent for GCT alone) and an estimated 11.2 percent of GDP (8.3 percent for GCT alone). This paper first describes in some detail the present structure and administration of the GCT and SCT and then evaluates the performance of these taxes from several angles -- as revenue generators, with respect to their distributional effects and their relation to the shadow economic, their administrative aspect, and in international perspective. It concludes by setting out a number of recommendations for reform.
Keywords: Jamaica; Value-added tax (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-acc, nep-pbe and nep-pub
References: Add references at CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
https://doi.org/10.1177/109114210629249 Full Text (text/html)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Related works:
Journal Article: Taxing Consumption in Jamaica (2007) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedkcw:2006-01
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in Community Affairs Research Working Paper from Federal Reserve Bank of Kansas City Contact information at EDIRC.
Bibliographic data for series maintained by Zach Kastens ().