Tag: Tax Expenditures

ATI, CEP and IDOS Initiate Community of Practice on Tax Expenditures

| 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 ... continue reading

Invisible Costs: The Transparency Gap in Japan’s Tax Benefits

and | 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 ... continue reading

How California Leaders Can Improve the Oversight and Evaluation of State Tax Expenditures

| 6 September 2024
Fiscal, Blog | Tags: Parliaments, Tax Expenditures, United States
In California, tax expenditures — defined in state law as a “credit, deduction, exclusion, exemption, or any other tax benefit as provided for by the state” — represent a significant revenue cost to the state. In recent years, the estimated cost to the state’s General ... continue reading

Addressing Gender Disparities in Tax Expenditures

, and | 3 September 2024
Fiscal, Blog | Tags: Gender, Inequality, Tax Expenditures
Understanding the interaction between tax expenditures and gender-based inequalities is essential to ensure that the tax system is fair and equitable – including gender equality in tax matters and the economy more broadly. ... continue reading

Rationalizing Fiscal Incentives in the Philippines: A Three-Decade Journey

| 12 August 2024
Fiscal, Blog | Tags: Parliaments, Tax Expenditures, The Philippines
As governments around the globe seek to safeguard fiscal space, the question on whether the tax benefits they offer are effective, is becoming ever more critical. In the Philippines, the push for the rationalization of fiscal incentives dates back nearly thirty years... ... continue reading