Avoiding Mining Tax Relief Pitfalls During a Crisis
Alexandra Readhead | 22 May 2020
Fiscal,
Blog | Tags:
Covid-19,
Mining,
Tax Expenditures,
Taxes
Establishing effective tax policy for the mining sector can be a challenge in the best of times, especially for resource-rich developing countries which may lack sector-specific experience and technical capacity. Under the pressure of a crisis, it is critical for countries to steer clear of
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The Day After Tomorrow. Designing COVID-19 Bailouts for a Sustainable Recovery
Agustin Redonda | 4 May 2020
Fiscal,
Monetary,
Blog | Tags:
Bailouts,
Climate Change,
Covid-19,
Employment,
Inequality
Governments around the world are taking extraordinary measures to mitigate the economic fallout of COVID-19. Their decisions in the weeks and months ahead will shape our lives for years to come. The fiscal packages that are being adopted as well as the funding that central
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Bail, or Bailout? Tax Experts Publish 5-Step Test for Covid19 Business Bailouts
Moran Harari and
Mark Bou Mansour | 27 April 2020
Fiscal,
Blog | Tags:
Bailouts,
Covid-19,
Tax Avoidance
Following bans from Denmark, Poland and Argentina on companies registered in tax havens from receiving Covid19 bailouts[1], the Tax Justice Network has published a “bail or bailout” test to clarify uncertainty on how governments can determine which companies are discreetly using tax havens to pay
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Argentina. A Short Blanket for the Coronavirus Long Night
Agustin Redonda and
José Siaba Serrate | 3 April 2020
Fiscal,
Monetary,
Blog | Tags:
Central Banks,
Covid-19,
Fiscal Space,
Health,
Inflation,
Informality
The coronavirus has arrived, and Argentina has played its cards. First life, then the economy.
While it is non-debatable that the consequences of the pandemic will be enormous throughout the world, the magnitude of the impact is still uncertain. Argentina is a special case on three
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The Dark Side of the Moon. Responding to the COVID-19 Crisis in Developing Economies
Agustin Redonda | 25 March 2020
Fiscal,
Blog | Tags:
Covid-19,
Development,
Inequality,
Informality
Besides China and Iran, the impact of the coronavirus has until now been most severe in advanced economies including France, Germany, Italy, South Korea, Spain and the US. This is unlikely to remain so. As the virus continues its spread around the world it will
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Fiscal Policy Responses to the Coronavirus Outbreak
Agustin Redonda | 20 March 2020
Fiscal,
Blog | Tags:
Covid-19,
Inequality,
Informality,
Tax Expenditures,
VAT
The global crisis we are facing is one of the worst in history. The priority, obviously, is to reduce the number of coronavirus victims. At the same time, mitigating the economic impacts is vital.
Both the real economy and financial markets worldwide have already been hard
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Scenarios for Fiscal Space. Adapting to the Long-Term Challenges of Climate Change
Peter Heller | 28 January 2020
Fiscal,
Discussion Notes | Tags:
Climate Change,
Fiscal Space,
IMF
Climate change poses significant challenges for governments seeking to assess their long-run financial condition. Looking forward, climate change is likely to threaten multiple aspects of a country’s economy. Governments will necessarily be required to provide support in adapting to these challenges. While considerable uncertainty exists
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A Lack Of Transparency. Do You Know About The Taxes Your Government Does NOT Collect?
Christian von Haldenwang and
Agustin Redonda | 20 January 2020
Fiscal,
Blog | Tags:
Tax Expenditures
All over the planet, governments are desperate for funds to finance social policies, public infrastructure and development projects. Yet, the very same governments routinely forego huge amounts of tax revenues by granting tax incentives to investors, setting lower value added tax rates for the consumption
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Tax Expenditures and Complexity in a VAT System: The Case of Brazil
Ivan Ozai | 7 January 2020
Fiscal,
Blog | Tags:
Tax Expenditures,
VAT
Despite its known regressivity, the value-added tax (VAT) has been considered a robust tool for development, especially if integrated into a well-implemented tax-and-benefit system. VAT is often considered a neutral tax that minimizes distortions and is particularly relevant to low- and middle-income countries due to
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Housing Taxation in Europe
Salvador Barrios,
Viginta Ivaškaitė-Tamošiūnė,
Estefanía Vázquez Torres,
Cécile Denis and
Andriana Reut | 18 December 2019
Fiscal,
Blog | Tags:
Housing,
Tax Expenditures
Tax incentives favouring homeownership are widely used in developed economies. Homeownership is often thought to bring a number of positive contributions, from the promotion of households´ saving to enhanced community engagement. However, housing tax incentives are also considered as a major source of distortions for
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