World Bank Taxation Framework

The World Bank’s Taxation Framework provides guidelines for countries to improve their tax systems. It emphasizes fairness, efficiency, and transparency in tax policies. The framework aims to help governments collect adequate revenue to fund public services while promoting economic growth. It encourages the reduction of tax evasion, better administration, and equitable tax burdens, ensuring that all citizens contribute based on their ability to pay. By aligning tax policies with international standards, the framework supports sustainable development and enhances the overall economic stability of nations.