[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-18929":3,"doc-seo-18929":26},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"file_id":15,"file_url":16,"file_type":17,"file_size":18,"view_count":19,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"table_of_contents":23,"faqs":23,"seo_title":13,"seo_description":14,"update_tm":24,"read_time":25},18929,8796095360427,"Lucas Martin","https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d",8,"Research & Report","Forced Formalization of the Economy","The document links the surge in tax collections to the forced formalization of economic activity during and after COVID-19. It explains that the informal sector’s share of labor and GDP means tax growth tracks nominal GDP under an ad valorem tax system. It argues closures of unorganized businesses shifted consumption and income toward formal, tax-paying channels, boosting corporate, GST, and income tax revenues while weighing down overall growth due to persistent demand weaknesses.","cbCaimhUthiiOIgN","https://ap.wps.com/l/cbCaimhUthiiOIgN","pdf",223752,17,1,"English","en","",1777073588,3,{"code":4,"msg":27,"data":28},"ok",{"site_id":29,"language":22,"slug":30,"title":13,"keywords":23,"description":14,"schema_data":31,"social_meta":65,"head_meta":68,"extra_data":70,"updated_unix":24},105,"forced-formalization-of-the-economy",{"@graph":32,"@context":64},[33,49],{"@type":34,"itemListElement":35},"BreadcrumbList",[36,40,44,46],{"item":37,"name":38,"@type":39,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":41,"name":42,"@type":39,"position":43},"https://docshare.wps.com/document/","Document",2,{"item":45,"name":12,"@type":39,"position":25},"https://docshare.wps.com/document/research-report/",{"item":47,"name":13,"@type":39,"position":48},"https://docshare.wps.com/document/forced-formalization-of-the-economy/18929/",4,{"url":47,"name":13,"@type":50,"author":51,"headline":13,"publisher":53,"fileFormat":56,"description":14,"dateModified":57,"datePublished":58,"encodingFormat":56,"isAccessibleForFree":59,"interactionStatistic":60},"DigitalDocument",{"name":9,"@type":52},"Person",{"url":37,"name":54,"@type":55},"DocShare","Organization","application/pdf","2026-06-10","2026-04-24",true,{"@type":61,"interactionType":62,"userInteractionCount":19},"InteractionCounter",{"@type":63},"ViewAction","https://schema.org",{"og:url":66,"og:type":67,"og:title":13,"og:site_name":54,"og:description":14},"https://docshare.wps.com/document/forced-formalization-of-the-economy/18929","article",{"robots":69,"canonical":66},"index,follow",{"doc_id":7,"site_id":29}]