Tag: Tax Reform

A Renewed Urgency to Rationalize Tax Expenditures in Low- and Low-Middle Income Countries

and | 16 April 2025
Fiscal, Blog | Tags: Domestic Revenue Mobilization, Tax Expenditures, Tax Reform
In this blog, we argue that the case for streamlining and reforming TEs has become even more urgent. This urgency arises from recent developments including the decisions by the United States and the United Kingdom to significantly reduce their international aid budgets... ... continue reading

Challenges and Opportunities for the Reform of Fossil Fuel Tax Expenditures in Developing and Emerging Economies

and | 13 July 2023
Fiscal, Discussion Notes | Tags: Energy, Fossil Fuel Subsidies, Tax Expenditures, Tax Reform
Most governments subsidize some fossil fuels, whether to increase domestic energy supply, support declining mining regions, or make fuels more affordable for industry, motor vehicles, or households. These subsidies can be problematic... ... continue reading

Is It Time to Rationalize Tax Expenditures?

, , and | 19 April 2022
Fiscal, Blog | Tags: Tax Expenditures, Tax Reform
As developing countries recover from the pandemic, they will need to bring their public finances to a more sustainable position, by streamlining public spending and strengthening the revenue base. The need to mobilize additional resources has been exacerbated by the recent economic turmoil triggered by ... continue reading

Tax Expenditures in the Balkans: Time to Open the Black Box

| 28 October 2021
Fiscal, Blog | Tags: Tax Expenditures, Tax Reform
The traditional way of thinking about government expenditure goes as follows: first, governments collect revenue (through taxes, borrowing, or other means such as fines and penalties) and then they spend that revenue through the budget process. However, governments can also choose to support different economic ... continue reading

Tax Expenditures and Domestic Revenue Mobilisation

9-11 November 2021 | Online
Fiscal, Workshops | Tags: Domestic Revenue Mobilization, Informality, Tax Expenditures, Tax Reform
Tax expenditures (TEs) are tax benefits that governments use worldwide to pursue various policy goals such as attracting investment, boosting innovation and fighting poverty. TEs are costly, as they lower government revenue and the tax liability of the beneficiary. The global average of tax revenues ... continue reading