The general advice given by international institutions such as the International Monetary Fund (IMF) and the World Bank to developing countries over the past few decades has been to replace trade taxes with domestic consumption taxes, particularly value-added taxes (VAT), and to maintain relatively high corporate income tax rates. This article reviews recent literature that supports and challenges this conventional view.
Avi-Yonah, Reuven S. "Taxation in Developing Countries: Some Recent Support and Challenges to the Conventional View." Y. Margalioth, co-author. Va. Tax Rev. 27, no. 1 (2007): 1-21.