Barriers and Opportunities for Enhancing Capital Flows
In the COMCEC Member Countries
109
 Low: if between 0.6 and 0.9
 Very low: if less than 0.6
4. Assess the speed and complexity of conducting cross-
border trade
 Few border delays; simple and brief documentation
 Some border delays and non-trivial documentation
requirements
 Considerable delays and extensive documentation
required
 Lengthy delays and onerous documentation
requirements
 Very long border delays and extremely complex
bureaucracy
Consider border delays for exports and imports; complexity
and extent of required documentation. World Bank Doing
Business for historic scores.
5. Transactions on the current account
 Full IMF Article 8 convertibility
 Currency almost fully convertible; minor restrictions
still in place
 High degree of formal liberalisation, but significant
restrictions
 Partial liberalisation; multiple exchange rates
 Very restricted
**1. Corporate tax burden
 Very low: if top corporate tax less than 25%
 Low: if top rate between 25% and 30%
 Moderate: if top rate between 30.1% and 35%
 High: if top rate between 35.1% and 40%
 Very high: if top rate more than 40%
Consider: how exemptions or the operation of the
system may affect the scores based on official tax rates. If
foreign and domestic firms face different tax regimes,
consider separately for each. Consider special incentives and
allowances for foreign-owned firms, as well as very
significant transfer pricing tolerated by governments. Final
VII Tax regime