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In Search Of The Most Efficient Tax For Jamaica

Date Published: 
November, 2018
Lead Researcher(s): 
Shanike Smart
Thematic Area: 

A country’s ability to mobilize revenue through taxation (i.e. to have an effective 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 effectively. 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.