01722cas a2200241 a 4500 AALejournalIMF009995 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451953701 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. The Japanese Tax Reform : Efficiency Versus Equity. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (36 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 Efficiency, equity (fairness), and simplicity are three key words in characterizing the principles of proposed tax reforms in many countries. The internationalization of the financial market through capital mobility among the industrial countries is a recent phenomenon and it is possible that the effect of domestic tax reform is dictated by international capital flows. The purpose of this paper is to examine whether the tax reform proposed recently in Japan satisfies the above principles, in particular, efficiency and equity, and to investigate the effects not only on the real economy in Japan, but also on capital outflows from Japan to abroad. Also, the aging problem is examined briefly. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/086 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/086/001.1990.issue-086-en.xml IMF e-Library