Advancing Scrutiny: 55 Year of Tax Expenditures Reporting in the United States
Jane G. Gravelle | 14 December 2023
Fiscal,
Blog | Tags:
Parliaments,
Tax Expenditures,
United States
The normal baseline currently used to define tax expenditures by the US Treasury remains fairly close to an economic measure of income, but with some differences. Tax expenditures include employee fringe benefits and imputed income on rents on owner-occupied housing, but not free financial services.
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Net Zero Central Banking in Africa’s Diverse Economies: Challenges, Opportunities and Policy Options
Reuben Wambui,
Joseph Feyertag and
Pierre Monnin | 29 November 2023
Monetary,
Policy Briefs | Tags:
Africa,
Central Banks,
Climate Risks,
Financial Stability,
Inequality
Africa’s economies are contending with a diverse set of challenges and opportunities in relation to building low-carbon, green economies and the transition to net zero emissions. Central banks can play a pivotal role in enabling the green transition in Africa.
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Building Climate Resilient Portfolios. The Case of the Bank of Japan’s Index-Linked ETF Holdings
Julia Anna Bingler and
Nemo Krüger | 28 November 2023
Monetary,
Policy Briefs | Tags:
Asset Purchases,
Central Banks,
Climate Risks,
Governing Finance,
Japan
Climate risks are financial risks that must be accounted for across all central bank operations and invested asset classes. Like for any other financial institution, all assets that central banks own – e.g., equities, bonds, and asset-backed securities – are exposed to climate risks.
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Evaluation of Tax Expenditures. Conceptual Frameworks and International Experiences
Agustin Redonda,
Christian von Haldenwang and
Sofia Berg | 28 November 2023
Fiscal,
Discussion Notes | Tags:
GTED,
Latin America,
Tax Expenditures
This report provides an international overview of the state of tax expenditure evaluations, showing that it remains relatively underdeveloped, not only in Latin America and the Caribbean, but also across the world.
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Advancing Electric Mobility: The Key Role of Fiscal Policy and Regulation
Nicolas Benoit and
Patrick Lenain | 14 November 2023
Fiscal,
Policy Briefs | Tags:
Decarbonization,
Energy,
Industrial Policy,
Tax Expenditures,
Transport
In combination with public transport as well as autonomous and shared mobility, mass adoption of electric vehicles (EVs) is a tremendous opportunity to move toward an affordable, secure and clean transportation.
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Balancing Export Pricing Commitments in FTAs: Towards Affordable, Secure, and Clean Energy
Oliver Braunschweig | 6 November 2023
Trade,
Blog | Tags:
Commodities,
Critical Minerals,
Energy,
Global Value Chains,
Renewables
The minerals, metals, and products necessary to build renewable energy systems face an increasing number of export restrictions. This has been fueling fears of further disruptive policies down the road.
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The Global Tax Expenditures Transparency Index Companion Paper
Agustin Redonda,
Lucas Millan,
Christian von Haldenwang and
Flurim Aliu | 3 November 2023
Fiscal,
Discussion Notes | Tags:
GTED,
GTETI,
Tax Expenditures
The GTETI Companion Paper describes the 5 dimensions and 25 indicators that make up the recently launched index, together with the scope and methodology used.
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Tax Expenditures in An Era of Transformative Change: The GTED Flagship Report 2023
Christian von Haldenwang,
Agustin Redonda and
Flurim Aliu | 2 November 2023
Fiscal,
Discussion Notes | Tags:
GTED,
Tax Expenditures
Governments continue to forgo trillions of dollars in tax revenues with a level of opacity that is striking. More than half of the countries worldwide still do not report at all on the costs of tax deductions, exemptions and other benefits...
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Taming the Use of Tax Expenditures. Evidence From The Netherlands
Rocus van Opstal | 1 November 2023
Fiscal,
Blog | Tags:
Parliaments,
Tax Expenditures,
The Netherlands
This summer, the Dutch finance ministry published a report on the effectiveness of the country's tax expenditures[1]. The verdict on the myriad of deductions, exemptions and further benefits channelled through the tax system was harsh.
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New Blog Series: Tax Expenditure Policy Making and the Role of Parliaments
Agustin Redonda | 1 November 2023
Fiscal,
Blog | Tags:
GTED,
GTETI,
Parliaments,
Tax Expenditures
Given the importance of the role of parliaments when it comes to tax expenditures policy making, CEP is launching a blog series to shed further light on this topic from multiple perspectives.
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