Tag: Tax Expenditures

Governments Should Use Tax Systems to Drive Inclusive Growth Agenda

and | 22 July 2016
Blog, Fiscal | Tags: Inequality, Tax Expenditures, Taxes
Tax policy design should play a key role in not only supporting growth but also in addressing distributional concerns. Taxes affect inequality through different channels. The most direct way in which taxes redistribute income is by narrowing the distribution of (post-tax) disposable income. Taxes can ... continue reading

Are Tax Expenditures a Good Way to Redistribute?

| 1 July 2016
Blog, Fiscal | Tags: Inequality, Tax Expenditures, Taxes
Since 2007, governments across several European countries have implemented cuts to their social programs in an attempt to tackle the fiscal deficits generated by the last economic and financial crisis. At the same time, they have increasingly made use of various tax related measures to ... continue reading

Tax Expenditures Deserve Far More Scrutiny

| 30 December 2015
Blog, Fiscal | Tags: Tax Expenditures, UK
Last month, the UK government presented its Spending Review, setting out departmental budgets for the next four years. There were protections for some departments and large cuts (though smaller than expected) for others. Coming after years of previous cuts, many departmental budgets by 2019 will ... continue reading

Boosting R&D through Patent Boxes. Panacea or Not?

| 10 December 2015
Blog, Fiscal | Tags: BEPS, Innovation, Tax Competition, Tax Expenditures
On October 5th, the OECD presented the final package of the OECD/G20 Base Erosion and Profit Shifting (BEPS) initiative – a cornerstone in the international drive towards corporate tax reform. ... continue reading

Tax Expenditures and Sustainability

| 8 October 2015
Blog, Fiscal | Tags: Renewables, Tax Expenditures
What do 1.8 billion Euro given to Italian farmers, 69.7 billion US$ provided to US homeowners, and 75 billion A$ allocated to support the retirement income system in Australia have in common? They are channeled through tax expenditures. ... continue reading