A Renewed Urgency to Rationalize Tax Expenditures in Low- and Low-Middle Income Countries
Sanjeev Gupta and
Agustin Redonda | 16 April 2025
Fiscal,
Blog | Tags:
Domestic Revenue Mobilization,
Tax Expenditures,
Tax Reform In this blog, we argue that the case for streamlining and reforming TEs has become even more urgent. This urgency arises from recent developments including the decisions by the United States and the United Kingdom to significantly reduce their international aid budgets...
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Tax Expenditures and Domestic Revenue Mobilisation
9-11 November 2021 | Online Fiscal,
Workshops | Tags:
Domestic Revenue Mobilization,
Informality,
Tax Expenditures,
Tax Reform Tax expenditures (TEs) are tax benefits that governments use worldwide to pursue various policy goals such as attracting investment, boosting innovation and fighting poverty. TEs are costly, as they lower government revenue and the tax liability of the beneficiary. The global average of tax revenues
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COVID-19 and Seizing the Opportunity for Reforming Tax Expenditures in Africa
Agustin Redonda and
Sanjeev Gupta | 27 July 2020
Fiscal,
Blog | Tags:
Covid-19,
Domestic Revenue Mobilization,
Tax Expenditures The resources needed for financing the Sustainable Development Goals (SDGs) are estimated at USD 2.5 – 3 trillion per year. According to the IMF, low-income countries (LIC) will need, on average, additional resources amounting to 15.4% of GDP to finance the SDGs in education, health,
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