Tag: VAT

Fiscal Policy Responses to the Coronavirus Outbreak

| 20 March 2020
Blog, Fiscal | Tags: Covid-19, Inequality, Informality, Tax Expenditures, VAT
The global crisis we are facing is one of the worst in history. The priority, obviously, is to reduce the number of coronavirus victims. At the same time, mitigating the economic impacts is vital. Both the real economy and financial markets worldwide have already been hard ... continue reading

Tax Expenditures and Complexity in a VAT System: The Case of Brazil

| 7 January 2020
Blog, Fiscal | Tags: Tax Expenditures, VAT
Despite its known regressivity, the value-added tax (VAT) has been considered a robust tool for development, especially if integrated into a well-implemented tax-and-benefit system. VAT is often considered a neutral tax that minimizes distortions and is particularly relevant to low- and middle-income countries due to ... continue reading

Tax Expenditures and Sustainability. An Overview

| 11 November 2016
Discussion Notes, Fiscal | Tags: Employment, Energy, Fossil Fuel Subsidies, Health, Housing, Inequality, Innovation, Patent Boxes, Pensions, Tax Expenditures, VAT
Fiscal policy has significant effects on a broad sustainability agenda covering long-term economic, social and environmental goals. However, whereas a myriad of actors scrutinize taxation as well as direct government spending with regard to their impact on sustainability, a key feature of fiscal policy has ... continue reading