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compared to the 2015 Rectification Budget figure, due to a number of new infrastructure projects, which will start during the second half of 2015. Similarly,
revenues from individual income are expected to increase compared to the 2015 Rectification Budget figure, following changes to the budget classifications of income
tax.
Indirect taxes are expected to decrease in 2016 by 19.8 compared to the 2015 Rectification Budget figure, mainly due to a fall in the international price of oil.
International oil prices fell across 2015, but are expected to stabilize in 2016, remaining below price levels in previous years. Currently, mineral fuels compose
over a quarter of imports, a ratio that is expected to increase with the expansion of electricity supply and the number of motorized vehicles in the country. Lower prices
of food products and the appreciation of the dollar are also reducing the value of imports, which are expected to continue in 2016. The combination of these factors,
together with a lower volume of imports, explains the strong decline in indirect taxes for 2016.
The collection of indirect taxes, however, should improve in the medium term, following expected rises in international oil prices and the strengthening of the
administration and collection systems.
Table 2.6.2.1.1: Total Tax Revenue 2014 – 2020 m
2014 Actual
2015 BB1 Rec
2016 Projection
2017 2018
2019 2020
Total Tax 123.8
125.5 116.4
121.5 126.6
131.8 137.0
Direct Taxes 52.9
45.7 52.2
56.3 60.3
64.4 68.5
Income Tax 16.8
18.3 15.5
17.5 19.6
21.7 23.8
Individual Income 1.3
1.2 2.1
2.4 2.8
3.1 3.5
Individual Inc. Other 15.5
17.1 13.4
15.1 16.8
18.6 20.3
Corporate Tax 8.0
7.8 7.8
8.1 8.4
8.8 9.1
Withholding Tax 28.2
19.5 29.0
30.6 32.3
34.0 35.6
Indirect Taxes 70.7
79.7 63.9
64.9 66.0
67.1 68.2
Service Tax 3.2
3.6 2.8
2.9 3.0
3.1 3.3
Sales Tax 14.5
15.8 13.7
14.3 14.8
15.4 16.0
Excise Tax 39.6
44.4 35.6
35.5 35.3
35.2 35.1
Import Duties 13.4
15.9 11.8
12.3 12.8
13.3 13.9
Other Tax Revenue 0.1
0.2 0.2
0.2 0.2
0.3 0.3
Source: National Directorate of Economic Policy, Ministry of Finance, 2015
2.6.2.2: Fees Charges
Fees charges include a wide selection of categories from non-tax sources that contribute to domestic revenue. These comprise administrative fees, utility
payments and endowments to the Government from natural resources other than petroleum. As shown in Table 2.6.2.2.1, most of the categories represent small
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amounts, which are rounded to zero in some cases.
10
The list is also often updated with new categories, reflecting regular changes to the revenue collection system in
Timor-Leste, which are the result of the expansion of services provided by the Government, greater administrative efficiency and new delineation of
responsibilities across line ministries. Table 2.6.2.2.1 shows the projections and has been updated to reflect the accommodation of the new autonomous agencies.
Table 2.6.2.2.1: Fees Charges Projections 2014 – 2020 m
2014 Actual
2015 BB1 Rec
2016 Projection
2017 2018
2019 2020
Total Fees and Charges 37.7
37.2 46.4
50.2 54.0
58.3 62.1
Postage Fees 0.0
0.0 0.0
0.0 0.1
0.1 0.1
Property Rentals 2.7
3.4 4.3
4.5 4.7
4.8 5.0
Water Fees 0.1
0.2 0.2
0.2 0.2
0.2 0.3
Vehicle Registration Fees 1.2
1.1 1.9
2.3 2.6
2.9 3.3
Vehicle Inspection Fees 0.4
0.5 0.6
0.7 0.8
0.8 0.9
Vehicle Inspection Imported 0.0
0.1 0.2
0.2 0.2
0.2 0.2
Drivers License Fees 0.3
0.4 0.5
0.5 0.6
0.6 0.7
Franchising Public Transport Fees 0.4
0.7 0.2
0.2 0.2
0.2 0.2
Transport Penalties 0.1
0.1 0.1
0.1 0.1
0.1 0.1
Other Transport Fees 0.0
0.0 0.0
0.0 0.0
0.1 0.1
ID and Passport 0.9
0.9 1.0
1.1 1.1
1.2 1.2
Visa Fees 2.8
2.7 4.4
4.6 4.8
5.0 5.2
Court Fees 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Dividends, Profits, and Gains 0.6
1.0 4.0
4.2 4.4
4.5 4.7
Fines and Forfeits 0.1
0.1 0.2
0.2 0.2
0.2 0.2
Mining and Quarrying 0.0
0.1 0.5
0.7 0.8
1.0 1.2
Bid Document Receipts 0.1
0.2 0.1
0.1 0.1
0.1 0.1
Auctions 0.6
1.0 0.4
0.4 0.4
0.4 0.5
Embassy Fees 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Productos Florestais 0.1
0.1 0.1
0.1 0.2
0.2 0.2
Rental Government Property 0.1
0.2 0.1
0.1 0.1
0.1 0.1
EAIP 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Sanitation Service Fees 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Social Game Receipts 0.9
1.0 1.6
1.7 1.9
2.5 2.6
Rice Sales 1.2
1.7 2.0
2.1 2.1
2.2 2.3
Sales of Local Produce 0.1
0.1 0.2
0.3 0.3
0.3 0.3
Electricity Revenues 18.6
18.8 23.0
25.2 27.4
29.6 31.8
Other Fees 0.0
0.0 0.0
0.0 0.0
0.0 0.0
Other Non-Tax Revenues 4.7
1.0 0.6
0.7 0.7
0.7 0.7
10
Categories presenting no revenues in Table 2.6.2.2.1 correspond to income collection of less than 0.5 million and are thus rounded to 0.0.
