TY - BOOK ID - 84539340 TI - Bank Debit Taxes in Latin America : An Analysis of Recent Trends AU - Coelho, Isaias. AU - Perry, Victoria. AU - Ebrill, Liam. PY - 2001 SN - 1462369170 1452755310 128160139X 9786613782083 1451895437 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Finance: General KW - Public Finance KW - Taxation KW - Taxation and Subsidies: Other KW - Business Taxes and Subsidies KW - Taxation, Subsidies, and Revenue: General KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - General Financial Markets: General (includes Measurement and Data) KW - Public finance & taxation KW - Finance KW - Bank levy KW - Revenue administration KW - Income and capital gains taxes KW - Financial transaction tax KW - Stock markets KW - Taxes KW - Financial markets KW - Revenue KW - Income tax KW - Stock exchanges KW - Brazil UR - https://www.unicat.be/uniCat?func=search&query=sysid:84539340 AB - Six Latin American countries have levied taxes on withdrawals from bank accounts, which have been viewed as a convenient tax handle during a difficult fiscal period. The paper reviews the arguments for and against this type of taxation, describes the taxes, and surveys their revenue performance and economic impact. It concludes that the recently implemented taxes have been successful in raising revenue in the short term, but that adverse allocational impacts have likely been significant. The tax may work better in times of fiscal crisis, when financial intermediation is deep, and when the tax rate is modest. ER -