Contributor: Agustin Redonda

Shedding Light on Hidden Government Spending: Tax Expenditures

and | 20 December 2017
Fiscal, Blog | Tags: Tax Expenditures
Tax expenditures (TEs) are used by governments around the world to promote public policy objectives. Examples include tax deductions on mortgage interest to encourage home ownership and preferential tax treatment of pension savings. ... continue reading

Tax Expenditures and the Environment: Strengthening the Spotlight

| 8 November 2017
Fiscal, Blog | Tags: Energy, Environment, Fossil Fuel Subsidies, Tax Expenditures
Tax expenditures – government spending through deductions, exemptions, and other benefits granted through the tax code – are significant and have wide ranging environmental implications. A stronger green fiscal policy spotlight on them is critical. ... continue reading

Fiscal Policy and Informality

| 1 September 2017
Fiscal, Blog | Tags: Inequality, Pensions, Tax Expenditures
Countries differ from each other in several aspects that need to be considered when designing fiscal policy. The size of the informal sector is a case in point. ... continue reading

Tax Expenditures. The Big Black Box

| 20 July 2017
Fiscal, Blog | Tags: Tax Expenditures
According to the federal financial statements 2016, tax expenditures in Switzerland reduced government revenues by 21 to 25 billion Swiss francs. This amounts to 31 to 37 percent of the country’s federal income. ... continue reading

Inheritance Taxation, Corporate Succession and Sustainability

| 6 March 2017
Fiscal, Discussion Notes | Tags: Inheritance Tax, SMEs, Tax Expenditures
Inheritance and estate tax rates are highly heterogeneous across countries. Indeed, the lack of a broadly accepted model of optimal inheritance taxation is reflected in statutory tax rates ranging from 0% in several countries including Australia, Canada and Sweden to 55% in Japan. ... continue reading