A country’s ability to mobilize revenue through taxation (i.e. to have an efective tax system) is synonymous with its capacity to
achieve sustainable growth and development.Through taxes, the state receives the funding necessary to perform its functions
and duties efectively. As such, the first and often the main objective of a tax system is to generate sufficient revenue to finance
public sector activities in a non-inflationary way. This report focuses on the relative effectiveness of different tax types–value
added taxes, income taxes, and property taxes – to generate revenue in the Jamaican context.
It assesses and compares the efficiency of each tax type, and in so doing, will guide tax policy-makers as to whether the tax structure should shif away from
taxing income (“your pay”) or taxing consumer spending (“your pocket”).
STAGE 1
Inception |
STAGE 2
Dissemination |
STAGE 3
Deliberation |
STAGE 4
Implementation |
STAGE 5
Impact |
![]() CAPRI Investigates the Most Efficient Tax for JamaicaAn economy requires ideally a large middle class to have a sufficient base for potentially raising revenue. Through taxation revenue a country is enabled to perform its functions and duties effectively ..... Read more![]() |
![]() CAPRI Launches Study On The Search Of The Most Efficient TaxCAPRI launched its study on in search of the most efficient tax for Jamaica at a public forum on Tuesday November 13, 2018 at the Spanish Court hotel’s Worthington property. The think tank put ..... Read more![]() |
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An economy requires ideally a large middle class to have a sufficient base for potentially raising revenue. Through taxation revenue a country is enabled to perform its functions and duties effectively which will facilitate the achievement of sustainable growth and development.
CAPRI in partnership .....
CAPRI launched its study on in search of the most efficient tax for Jamaica at a public forum on Tuesday November 13, 2018 at the Spanish Court hotel’s Worthington property. The think tank put together Mrs. Pamella Folkes, Deputy Financial Secretary, Taxation Division - Ministry of Finance and .....
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