International Conference on Eurasian Economies
2-4 September 2020 – Baku - AZERBAIJAN
Paper properties
Paper ID : 2382
Status : Paper published
Language : Turkish
Topic : Finance and Financial Crises
Presenter: Asst. Prof. Dr. Dastan Aseinov
Presentation Location : Online
Session : 5A Orta Asya Ekonomileri
Autonomy of Local Governments in Taxation in Kyrgyzstan
Kırgızistan’da Yerel Yönetimlerin Vergilendirmedeki Özerkliği
- Asst. Prof. Dr. Dastan Aseinov (Kyrgyz-Turkish Manas University, Kyrgyzstan)
Abstract
The authority for taxation might be delegated to the local governments to expand their financial autonomy through increasing their revenue. This study aims to assess the financial autonomy of local governments in Kyrgyzstan in terms of tax revenues. The taxing power of local governments examined using local budget data for period of 2007-2017. We use variables as reflecting the level of taxing power. Variables measured as ratio of total local government tax revenue, different types of taxes revenue to the total revenue or to the total tax revenues. This study also looks at the legal framework for delegating taxation powers to local authorities. The results show that financial autonomy of local governments in terms of taxation is low. Local governments in Kyrgyzstan largely depends on transfers from the central government budget. According to the legal framework, the tax powers of local administrations is within narrow limits. Since increasing the financial autonomy through expanding the taxing power of local governments poses problems this needs to be solved, like a narrow tax base and inefficient tax administration in the regions. Thus, it can be argued that it is too early to transfer taxation power to local governments.
JEL codes: H20, H70, H71
Aseinov, Dastan (2020). "Autonomy of Local Governments in Taxation in Kyrgyzstan" in Proceedings of International Conference of Eurasian Economies 2020, pp.152-161, Baku - AZERBAIJAN.
DOI: https://doi.org/10.36880/C12.02382
Session 5A: Orta Asya Ekonomileri
