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.
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Kenya’s Tax Expenditure Reports: A Comprehensive Review
Veronicah Ndegwa | 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
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Tax Expenditures Country Report: India
Priya Sahu | 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
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ATI, CEP and IDOS Initiate Community of Practice on Tax Expenditures
Council on Economic Policies | 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
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Invisible Costs: The Transparency Gap in Japan’s Tax Benefits
Dai Yagihara and
Flurim Aliu | 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
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How California Leaders Can Improve the Oversight and Evaluation of State Tax Expenditures
Kayla Kitson | 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
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Addressing Gender Disparities in Tax Expenditures
Sofia Berg,
Giulia Mascagni and
Caroline Othim | 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.
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Rationalizing Fiscal Incentives in the Philippines: A Three-Decade Journey
Lorena Fernandez | 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...
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Tax Expenditure Country Reports. Unveiling Tax Expenditures at the Country Level
Agustin Redonda and
Christian von Haldenwang | 9 July 2024
Fiscal,
Blog | Tags:
GTED,
GTETI,
Tax Expenditures As shown by the Global Tax Expenditures Transparency Index (GTETI) the quality and scope of TE reporting is highly heterogeneous across jurisdictions, which makes cross-country comparability even trickier. The new series will promote deeper discussions of TE regimes, ultimately enhancing the quality and quantity of
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Tax Expenditures Country Report: The Netherlands
Rocus van Opstal | 9 July 2024
Fiscal,
Discussion Notes | Tags:
GTED,
GTETI,
Tax Expenditures,
The Netherlands Tax expenditures (TEs) in the Netherlands represent a significant portion of government spending, amounting to 15% of GDP in 2022. These provisions include deviations from the standard tax base, rates, and special credits across various taxes, such as Personal Income Tax (PIT), Corporate Income Tax
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