Tag: Tax Expenditures

Intellectual Property Boxes and the Paradox of Price Discrimination

| 15 May 2017
Fiscal, Working Papers | Tags: Corporate Taxes, Innovation, Patent Boxes, Tax Competition, Tax Expenditures
This paper considers the methods by which some existing laws and proposals offer different tax rates to different types of capital, a scheme variously known as a patent box, innovation box, or intellectual property box (IP box). It presents a model of international tax competition—what ... continue reading

Before We Reform Tax Policy, We Need to Know What Is Working

| 9 March 2017
Fiscal, Blog | Tags: Tax Expenditures
Congress and President Trump are embarking on what is likely to be a major rewrite of the federal income tax code. Yet, neither they nor anyone else knows whether the hundreds of tax preferences embedded in the law accomplish their stated purposes. ... 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

Pension Tax Expenditures. A Costly Christmas Gift … Not From Santa

| 4 January 2017
Fiscal, Blog | Tags: Fiscal, Inequality, Pensions, Tax Expenditures
For people living in Switzerland, December 31 was the last day for 2016 contributions into their Pillar 3a retirement accounts – and hence for taking advantage of the exemption from income tax that these payments benefit from. The scheme is one of many examples from ... 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