Beyond the Budget: A Global Perspective on Social Spending Through Tax Expenditures
Flurim Aliu and
Agustin Redonda | 20 November 2024
Fiscal,
Research Papers | Tags:
Inequality,
Social Protection,
Tax Expenditures,
VAT
This study underlines the necessity for meticulous evaluation and efficient design of TEs to better align TE regimes with governments' social policy objectives as well as to minimise unintended social or economic consequences.
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It Takes Two to Tango: The Role of Ministries of Finance in Designing Pricing and Non-Pricing Climate Actions
Patrick Lenain | 4 November 2024
Fiscal,
Policy Briefs | Tags:
Carbon Pricing,
Energy,
Fossil Fuel Subsidies,
Renewables
This policy brief examines the recent emergence of climate policy packages and their impact on climate, social, financial, and fiscal outcomes. It also recommends steps that Ministries of Finance can take to better understand how to design coherent climate policy packages and facilitate the sharing
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The Role of Tax Expenditures in Fiscal Policy Making: Challenges and Opportunities for Brazil and Beyond
13 November 2024 | Hybrid | Rio de Janeiro | 10-12h BRT (GMT-3))
Conferences,
Fiscal | Tags:
Brazil,
Tax Expenditures
The Fundação Getúlio Vargas (FGV) and the Council on Economic Policies (CEP), with support from Samambaia Filantropias, are co-hosting a hybrid event to present and discuss two new publications on tax expenditure policy and reform.
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First Virtual Meeting of the Community of Practice on Tax Expenditures: Indonesia and Liberia
24 October 2024 | 13.00-14.30 CET | Online
Fiscal,
Workshops | Tags:
GTETI,
Tax Expenditures,
Transparency
The first virtual meeting of the Community of Practice on Tax Expenditures provided a high-level overview of tax expenditures governance, featuring two compelling presentations from Liberia and Indonesia.
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Kenya’s Tax Expenditure Reports: A Comprehensive Review
Veronicah Ndegwa | 9 October 2024
Fiscal,
Blog | Tags:
Kenya,
Tax Expenditures
In Kenya, the main objectives of tax expenditures are to spur economic growth, increase investment, create employment and lower the cost of living. Other than these objectives being defined too broadly to support meaningful evaluation of tax expenditures, the government does not link the reported
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Tax Expenditures Country Report: India
Priya Sahu | 7 October 2024
Fiscal,
Discussion Notes | Tags:
GTED,
GTETI,
India,
Tax Expenditures
India's tax landscape is intricate, with various direct and indirect taxes administered by different bodies, such as the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). The introduction of the Goods and Services Tax (GST) in 2017
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Economic Policies for Affordable, Secure and Clean Energy: Insights from the UK
Luke Hatton and
Patrick Lenain | 1 October 2024
Fiscal,
Policy Briefs | Tags:
Energy,
Fossil Fuel Subsidies,
Renewables,
United Kingdom
Transitioning to a more affordable, secure and clean energy system is a key priority for the UK government. Elected in July 2024, the new government led by Prime Minister Keir Starmer aims at making the country a “clean energy superpower”.
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Unlocking a Sustainable Energy Future: Key Insights from the UK
Luke Hatton and
Patrick Lenain | 1 October 2024
Fiscal,
Blog | Tags:
Decarbonization,
Energy,
Fossil Fuel Subsidies,
Industrial Policy,
Renewables,
United Kingdom
The United Kingdom has made considerable strides in transforming its energy system. Since the early 1970s, the nation has reduced its primary energy consumption by one-fifth, even as its real GDP has nearly tripled. While low-carbon energy sources were once almost non-existent, they now account
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ATI, CEP and IDOS Initiate Community of Practice on Tax Expenditures
Council on Economic Policies | 26 September 2024
Fiscal,
News | Tags:
Tax Expenditures
The Community of Practice (CoP) on Tax Expenditures aspires to leverage the collective expertise of its members to enhance TE governance across ministries of finance, revenue administrations, parliaments, and beyond. This joint initiative will provide all attendees from ATI partner countries as well as other
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Invisible Costs: The Transparency Gap in Japan’s Tax Benefits
Dai Yagihara and
Flurim Aliu | 20 September 2024
Fiscal,
Blog | Tags:
Japan,
Tax Expenditures
Tax expenditures include tax credits, exemptions, deductions and other reductions in tax liabilities intended to promote specific policy goals. Japan stands out as one of only two G20 countries, alongside Saudi Arabia, that does not report the cost of such tax benefits in a comprehensive
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