International Labour OrganizationNov 18, 2021Preferential tax regimes for MSMEs: Operational aspects, impact evidence and policy implicationsDrawing on a literature review, this paper looks at the role that preferential tax regimes (PTRs) for micro, small and medium enterprises (MSMEs) play in encouraging enterprise formalization and enterprise growth.The main focus is on emerging economies, notably from Latin America, where this policy has been more widely used and assessed.The first section of the paper introduces some general principles in small business income taxation which help set the context of PTRs for MSMEs. The second section explains the main reasons in favour and against PTRs for MSMEs.Read more at International Labour Organization
Drawing on a literature review, this paper looks at the role that preferential tax regimes (PTRs) for micro, small and medium enterprises (MSMEs) play in encouraging enterprise formalization and enterprise growth.The main focus is on emerging economies, notably from Latin America, where this policy has been more widely used and assessed.The first section of the paper introduces some general principles in small business income taxation which help set the context of PTRs for MSMEs. The second section explains the main reasons in favour and against PTRs for MSMEs.Read more at International Labour Organization
