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Tax Reform, a first in fiscal adjustment strategy for Palau says IMF Consultant

International Monetary Fund (IMF) concluding statement of 2018 Article IV Mission recommends tax reform as the first “pillar” in addressing Palau’s fiscal sustainability. The report states that a tax reform should aim “to increase efficiency and fairness of the tax system, while raising revenue.”  It recommends a Goods and Services Tax (GST) with a single […]