Reforming Tax Expenditures – Focus on Europe
11, 18 and 25 February, 2021 | OnlineFiscal, Roundtables | Tags: Consumption Tax, Corporate Tax, Personal Income Tax, Tax Expenditures, Tax Reform, Wealth Tax
A significant amount of government funding worldwide is channeled through tax breaks, aka “tax expenditures” (TEs), in the form of exemptions, deductions, credits, deferrals, and reduced tax rates. Despite their magnitude and the fact that their net impact on government budgets is the same as direct ... continue reading