01750cas a2200265 a 4500 AALejournalIMF001596 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848908 1018-5941 BD-DhAAL BD-DhAAL Coelho, Isaias. Bank Debit Taxes in Latin America : An Analysis of Recent Trends / Isaias Coelho, Victoria Perry, Liam Ebrill. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (33 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet Ebrill, Liam. Perry, Victoria. IMF Working Papers; Working Paper ; No. 2001/067 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/067/001.2001.issue-067-en.xml IMF e-Library