Showing 1 - 10 of 34
Tax reforms are crucial to promoting inclusive growth in India. The replacement of a myriad of consumption taxes by a … Goods and Services Tax (GST) will boost India's competitiveness, investment, job creation and tax compliance. The potential … productivity by reducing distortions in the allocation of resources which emanate from the corporate income tax; iv) boost job …
Persistent link: https://www.econbiz.de/10011700368
Tax revenues at 20% of GDP remain low compared to other Latin American countries and the OECD average and tax evasion … than households. Therefore, Colombia needs a comprehensive tax reform that boosts revenues and shifts the tax burden to … support more inclusive and green growth. Tax loopholes and exemptions that reduce the tax base and favour mainly the rich …
Persistent link: https://www.econbiz.de/10011399538
Reforms over the past two decades have produced a well-balanced, modern tax system. However, considerable revenues will … of total tax revenue but are levied on small tax bases, partly reflecting the distribution of income. A revenue source … less detrimental to growth is consumption taxes, which are mostly raised by the relatively broad value-added tax …
Persistent link: https://www.econbiz.de/10011577642
poverty. The tax-to-GDP ratio is low relative to other emerging market economies. The difficulty is to raise revenues without … denting growth or worsening inequality. Successive reforms have modernised the tax administration and increased the number of … taxpayers. Nonetheless, raising compliance is an ongoing challenge and investing in the tax administration rightly remains a …
Persistent link: https://www.econbiz.de/10011995806
The sharp rise in debt experienced by most OECD countries raises questions about the prudent debt level countries should target. It also raises questions about the fiscal frameworks needed to reach them and to accommodate cyclical fluctuations along the path towards a prudent debt target. The...
Persistent link: https://www.econbiz.de/10011399529
Estonia. It makes use of microsimulation modelling approach and applies the EU tax-benefit model EUROMOD to quantify the first …The paper studies the impact of tax-benefit policies on the distribution of household incomes and work incentives in … social benefits. According to the simulations, 2016-2017 policies increased household incomes relative to inflation and were …
Persistent link: https://www.econbiz.de/10012111111
maintains progressive personal income tax rates, gradually withdraws low-income support and provides additional benefits for low …This paper assesses Italy’s 2019 tax and benefit reforms, analyses hypothetical reforms and proposes a reform package … that balances goals of reducing poverty, encouraging employment and fiscal sustainability. Using the OECD’s Tax-Benefit and …
Persistent link: https://www.econbiz.de/10012202861
. Reforms should strengthen income protection by ensuring that cash benefits provide adequate and tailored support to those in …
Persistent link: https://www.econbiz.de/10012421275
the tax and benefit system in Hungary on some indicators of financial incentives to enter the labour market derived from … OECD tax and benefit models. While personal income taxes were cut and the system of tax allowances for families became more … generous other welfare benefits were reduced or phased out, which causes significant changes in the incentives for workers …
Persistent link: https://www.econbiz.de/10009690206
There is no single “best” indicator for analysing general government debt. This paper examines the various issues in defining and measuring debt, and explores other data which could be useful, both within and beyond the general government debt concept, to better track and analyse fiscal...
Persistent link: https://www.econbiz.de/10011399482