Tag: Tax Expenditures

Tax Expenditures Country Report: France

| 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. ... continue reading

The Role of Parliamentarians in the Management of Tax Expenditures in ECOWAS Member States

| 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. ... continue reading

Le Rôle des Parlementaires dans la Gestion des Dépenses Fiscales dans la Zone CEDEAO

| 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. ... continue reading

Beyond the Budget: A Global Perspective on Social Spending Through Tax Expenditures

and | 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. ... continue reading

The Role of Tax Expenditures in Fiscal Policy Making: Challenges and Opportunities for Brazil and Beyond

13 November 2024 | Hybrid | Rio de Janeiro | 10-12h BRT (GMT-3))
Conferences, Fiscal | Tags: Brazil, Tax Expenditures
The Fundação Getúlio Vargas (FGV) and the Council on Economic Policies (CEP), with support from Samambaia Filantropias, are co-hosting a hybrid event to present and discuss two new publications on tax expenditure policy and reform. ... continue reading

First Virtual Meeting of the Community of Practice on Tax Expenditures: Indonesia and Liberia

24 October 2024 | 13.00-14.30 CET | Online
Fiscal, Workshops | Tags: GTETI, Tax Expenditures, Transparency
The first virtual meeting of the Community of Practice on Tax Expenditures provided a high-level overview of tax expenditures governance, featuring two compelling presentations from Liberia and Indonesia.  ... continue reading

Kenya’s Tax Expenditure Reports: A Comprehensive Review

| 9 October 2024
Fiscal, Blog | Tags: Kenya, Tax Expenditures
In Kenya, the main objectives of tax expenditures are to spur economic growth, increase investment, create employment and lower the cost of living. Other than these objectives being defined too broadly to support meaningful evaluation of tax expenditures, the government does not link the reported ... continue reading

Tax Expenditures Country Report: India

| 7 October 2024
Fiscal, Discussion Notes | Tags: GTED, GTETI, India, Tax Expenditures
India's tax landscape is intricate, with various direct and indirect taxes administered by different bodies, such as the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC). The introduction of the Goods and Services Tax (GST) in 2017 ... continue reading

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