Tag: Tax Expenditures

FfD4 Countdown: A Watered-Down Proposal on Tax Expenditures Risks Undermining Countries’ Domestic Revenue Mobilization

, , , and | 17 April 2025
Fiscal, Blog | Tags: Domestic Revenue Mobilization, Investment, Tax Expenditures
At the Fourth Conference on Financing for Development in June, countries must commit to greater oversight of tax expenditures, including implementing minimum reporting standards, and rationalizing ineffective or harmful tax expenditures. ... continue reading

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

Fourth Virtual Meeting of the Community of Practice on Tax Expenditures

3 April 2025 | 16.00-17.30 CET | Online
Fiscal, Workshops | Tags: Tax Expenditures
The focus of the meeting was the impact of tax expenditures on the environment and implications for climate change, with inputs from the University of California, Berkeley, as well as the Ministry of Finance of Costa Rica.  ... continue reading

Clearing the Air: Lessons from the EU ETS for Low Carbon Aviation

and | 6 March 2025
Fiscal, Blog | Tags: Carbon Pricing, Energy, Fossil Fuels, Tax Expenditures, Transport
Aviation has long enjoyed a special tax status. Airline fuel for international flights is generally exempt from excise duties. International air travel also benefits widely from VAT exemption or zero-rated VAT. ... continue reading

Tax Expenditures Country Report: Brazil

, , and | 25 February 2025
Fiscal, Discussion Notes | Tags: Brazil, GTED, GTETI, Tax Expenditures
Tax expenditures in Brazil corresponded to 4.78% of Gross Domestic Product (GDP) in 2023, taking only the federal level into account. If state-level tax expenditures are included, the share reaches 7.2% of GDP in 2023. ... continue reading