Tag: VAT

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

and | 20 November 2024
Fiscal, Books and Journals | 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

Tackling Inequality Through Tax Expenditure Reform

and | 24 September 2020
Fiscal, Policy Briefs | Tags: G20, Inequality, Tax Expenditures, VAT
Inequality endangers social cohesion and hampers economic growth, and as a consequence of the COVID-19 pandemic, inequality is set to increase. Hence, the commitment of the Group of Twenty (G20) to address inequality in the context of the Sustainable Development Goals (SDGs) is arguably more ... continue reading

Fiscal Policy Responses to the Coronavirus Outbreak

| 20 March 2020
Fiscal, Blog | 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
Fiscal, Blog | 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
Fiscal, Discussion Notes | 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