a record of timely refunds econ.

[Serger]

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Выражение встречается в следующем контексте:

Exemptions from other taxes, particularly those assessed at the border, can be important, but are second-best solutions. Often such exemptions address more fundamental problems in tax policy or administration that should ideally be fixed directly. Exemptions from VAT on imports, for example, are not necessary if, in cases of excess credits, the tax law provides for VAT to be refunded on all goods including capital goods, and provided the tax administration has A RECORD OF TIMELY REFUNDS. Similarly, exemptions from excises on inputs should ideally be dealt with in a more general way, so that all firms using such inputs benefit—in many cases the simplest solution would be the abolition of excises on many capital goods. Equally, any other small nuisance taxes should be abolished right away rather than wasting resources on both their collection and on monitoring exemptions.

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