Tax Expenditures News

Council on Economic Policies Discussion Note: From Budgetary to Tax Expenditures: Tackling Social Protection in Quebec, Canada

Ysabel Provencher, André Gerges and Luc Godbout | 7 January 2022 | News, Tax Expenditures News
In his 2018 article “Reimagining Social Protection” Michal Rutkowski, the World Bank’s Global Director for Social Protection and Jobs, highlighted the need for new social protection

Committee for a Responsible Federal Budget Blog: Addressing Tax Expenditures Could Raise Substantial Revenue

January 6 2022 | News, Tax Expenditures News
“As negotiations for the Build Back Better Act continue, policymakers should consider options that would not only raise revenue but improve the overall structure of the

The Platform for Collaboration on Tax (PCT): Progress Report 2021

October 2021 | News, Tax Expenditures News
The Platform for Collaboration on Tax (PCT) – a joint initiative of the IMF, OECD, UN and the World Bank – enhanced its support to countries

EU Tax Observatory Report: New Forms of Tax Competition in the European Union: an Empirical Investigation

By Eloi Flamant, Sarah Godar, Gaspard Richard | November 2021 | News, Tax Expenditures News
The report provides an empirical analysis of personal and corporate tax competition in the European Union. The authors find that tax competition increasingly takes the form

IISD Policy Brief: Inclusive Framework Agreement on the Global Minimum Tax: Recommendations to address stabilized fiscal conditions

By Nathalie Bernasconi-Osterwalder, Sarah Brewin, Suzy Nikièma, Thomas Lassourd, Alexandra Readhead | November 2021 | News, Tax Expenditures News
On October 8, 2021, 136 countries agreed to a Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy

CNBC Article: Child tax credit may plunge to $1,000 from $3,600 per kid after 2025

By Greg Iacurci | 16 November 2021 | News, Tax Expenditures News
Greg Iacurci shows how the design of tax expenditures is crucial for their efficiency and effectiveness drawing on the child tax credit in the US and

Congressional Budget Office Report: The Distribution of Major Tax Expenditures in 2019

27 October 2021 | News, Tax Expenditures News
The Congressional Budget Office in the US published a report on tax expenditures in 2019. Their estimate is that tax expenditures totaled around $1.2 trillion in

OECD Report: Tax and Fiscal Policies After the COVID-19 crisis

14 October 2021 | News, Tax Expenditures News
The OECD has prepared a report for G20 Finance Ministers and Central Bank Governors at the request of the Italian G20 Presidency, which considers the challenges

ESB Article: The Netherlands has the Highest Tax Benefits Among OECD Countries

By Thierry Belt and Nienke Oomes | 17 September 2021 | News, Tax Expenditures News
Thierry Belt and Nienke Oomes (SEO Economisch Onderzoek) write about tax expenditures in the Netherlands using data from the GTED and noting how Netherlands has the

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

By Flurim Aliu | 26 October 2021 | News, Tax Expenditures News
This blog was originally published by Center of Excellence in Finance (CEF) here. The traditional way of thinking about government expenditure goes as follows: first, governments