Author: Publisher:
ISBN:
Category : Tax credits
Languages : en
Pages : 108
Book Description
Issues in State Tax Expenditure Reporting
Estimates of Federal Tax Expenditures
Author: United States. Department of the TreasuryPublisher:
ISBN:
Category : Revenue
Languages : en
Pages : 12
Book Description
Tax Expenditure Reporting and Its Use in Fiscal Management
Author: International Monetary Fund. Fiscal Affairs Dept.Publisher: International Monetary Fund
ISBN: 1498303218
Category : Business & Economics
Languages : en
Pages : 19
Book Description
This note aims to inform governments on how to account for tax expenditures and use that information in fiscal management. The emphasis is on developing and emerging market economies, where the use of such accounts is in its infancy because of data constraints, insufficient human and financial resources, and weak fiscal institutions. Most developing economies, more-over, do not have tax policy units in their Ministry of Finance to provide analytical support to the govern¬ment and legislature that integrates all revenue policy aspects. As a result, the tax policy framework can be fragmented: line ministries compete in the provision of sectoral tax incentives, but do not report on their cost. The note is organized as follows. The second section outlines the role that tax expenditure measurement and reporting can play in fiscal management. The third section provides a step-by-step approach on how tax expenditure accounts can be built, with emphasis on data, methods and models, and institutional requirements. The section is concerned primarily with the direct cost of tax expenditures—that is, the revenue forgone because of them. It does not deal with their indirect costs, which could include economic efficiency losses and additional tax administration resources, and it does not address assessment of the benefits of tax expenditures. The fourth summarizes the current sta¬tus of tax expenditure reporting in developing econo¬mies, with some reference to advanced economies. The last section concludes.
Tax Expenditure Estimation and Reporting
Author: Rosanne AltshulerPublisher:
ISBN:
Category : Tax expenditures
Languages : en
Pages : 80
Book Description
We examine the measurement of tax expenditures, as well as review issues concerning the classification of tax expenditures generally. We use calculations from NBER's TAXSIM to illustrate some of the problems with the current methodology for estimating tax expenditures. Unlike most previous work on the topic, we focus on how features of the current tax system including the alternative minimum tax and sunset rules complicate and compromise the value of information provided by the tax expenditure budget.
Government Performance and Accountability
Author: David M. WalkerPublisher: DIANE Publishing
ISBN: 9781422303597
Category : Political Science
Languages : en
Pages : 138
Book Description
Numerous fed. programs, policies, & activities are supported through the tax code. As described in statute, tax expenditures are reductions in tax liabilities that result from preferential provisions, such as tax exclusions, credits, & deductions. They result in revenue forgone. This report is part of an effort to assist Congress in reexamining & transforming the gov't. to meet the many challenges & opportunities that we face in the 21st century. This report describes: (1) how tax expenditures have changed over the past 3 decades in number, size, & in comparison to fed. revenue, spending, & the economy, & (2) the amount of progress made since 1994 recommend. to improve scrutiny of tax expend. Includes recommend. Charts & tables.
Tax Expenditures
Author: United States. Congressional Budget OfficePublisher:
ISBN:
Category : Budget
Languages : en
Pages : 124
Book Description
Tax Expenditures in OECD Countries
Author: OECDPublisher: OECD Publishing
ISBN: 9264076905
Category :
Languages : en
Pages : 244
Book Description
This book sheds light on the use of tax expenditures, mainly through a study of ten OECD countries: Canada, France, Germany, Japan, Korea, Netherlands, Spain, Sweden, the United Kingdom and the United States. It highlights key trends and successful practices.
Tax Expenditures
Author: United States. Congressional Budget OfficePublisher:
ISBN:
Category : Budget
Languages : en
Pages : 66
Book Description
Tax Expenditure Management
Author: Mark BurtonPublisher: Cambridge University Press
ISBN: 1107007364
Category : Business & Economics
Languages : en
Pages : 267
Book Description
Locates tax expenditure management within the broader discourse of liberal democratic political theory.
Author: