Tax Expenditures Country Report: Brazil
Paolo de Renzio,
Manoel Pires,
Natalia Rodrigues and
Giosvaldo Teixeira Junior | 25 February 2025
Fiscal,
Discussion Notes | Tags:
Brazil,
GTED,
GTETI,
Tax Expenditures
Tax expenditures in Brazil corresponded to 4.78% of Gross Domestic Product (GDP) in 2023, taking only the federal level into account. If state-level tax expenditures are included, the share reaches 7.2% of GDP in 2023.
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Inclusive Green Finance for Small Companies: A Case Study of Pilot Cities in China’s Zhejiang Province
Jingyi Zhang,
Peter Knaack and
Danqing Shao | 21 February 2025
Monetary,
Discussion Notes | Tags:
China,
Entrepreneurship,
Financial Inclusion,
Green Finance
Micro, small, and medium-sized enterprises (MSMEs) are crucial for the transition to a sustainable economy. However, they face major challenges in accessing financing for sustainable investments.
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China’s Monetary Stimulus. Aggregate and Structural Implications
Isabelle Jiani Zheng | 13 February 2025
Monetary,
Blog | Tags:
Central Banks,
China,
Economic Growth,
Financial Stability
The People’s Bank of China (PBOC) convened its 2025 work conference in Beijing from 3 to 4 January, signaling a commitment to maintaining a supportive policy stance in the new year following key steps in this direction in 2024.
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Collaboration in Action. Improving Tax Expenditure Policy Through Regional Engagement
Markus Paffhausen | 14 January 2025
Fiscal,
Blog | Tags:
Parliaments,
Tax Expenditures
The primary objectives of the ATI Tax Expenditures Workshop series were to build capacity, facilitate knowledge transfer, and establish robust regional networks of TE experts.
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Governing Insurance for Financial Stability and Environmental Sustainability
Jérôme Crugnola-Humbert | 20 December 2024
Monetary,
Policy Briefs | Tags:
Climate Risks,
Environmental Risks,
Financial Stability,
Insurance,
Macroprudential Policy
Despite its links to climate and nature risks (for instance, through insurance against natural catastrophes), the insurance sector has so far received insufficient attention from most policymakers, regulators and supervisors.
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The Global Tax Expenditures Transparency Index Companion Paper: Revised Version
Agustin Redonda,
Lucas Millan,
Christian von Haldenwang,
Sofia Berg and
Flurim Aliu | 3 December 2024
Fiscal,
Discussion Notes | Tags:
GTETI,
Tax Expenditures,
Transparency
The revised Companion Paper includes a description of the methodological adjustments made since the launch of the Global Tax Expenditures Transparency Index (GTETI). Changes do not only affect the internal structure of individual indicators but also the underlying format of the data.
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Tax Expenditures Country Report: France
François Ecalle | 29 November 2024
Fiscal,
Discussion Notes | Tags:
France,
GTED,
GTETI,
Tax Expenditures
According to the French Ministry of Finance, tax expenditures have a budgetary cost (revenue forgone) equal to 2.9% of GDP, or 6.8% of the total amount of compulsory levies in France in 2023.
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The Role of Parliamentarians in the Management of Tax Expenditures in ECOWAS Member States
Jules Tapsoba | 22 November 2024
Fiscal,
Blog | Tags:
Africa,
ECOWAS,
Parliaments,
Tax Expenditures
Since 2018, the Economic Community of West African States (ECOWAS) has introduced reforms to harmonise and improve the management of taxes and duties for the benefit of the Commission and its Member States.
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Le Rôle des Parlementaires dans la Gestion des Dépenses Fiscales dans la Zone CEDEAO
Jules Tapsoba | 22 November 2024
Fiscal,
Blog | Tags:
Africa,
ECOWAS,
Parliaments,
Tax Expenditures
La Communauté Économique des États de l’Afrique de l’Ouest (CEDEAO) a engagé depuis 2018 des réformes pour l’harmonisation et l’amélioration de la gestion des impôts et taxes au profit de la Commission et de ses États Membres.
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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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