Home » Tax Expenditures: Shedding Light on Government Spending Through the Tax System: Lessons from Developed and Transition Economies by Hana Polackova Brixi
Tax Expenditures: Shedding Light on Government Spending Through the Tax System: Lessons from Developed and Transition Economies Hana Polackova Brixi

Tax Expenditures: Shedding Light on Government Spending Through the Tax System: Lessons from Developed and Transition Economies

Hana Polackova Brixi

Published October 31st 2003
ISBN : 9781280086748
ebook
245 pages
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 About the Book 

Properly used tax expenditures can play an important role in implementing countries economic and social policies. But they often go unnoticed because they take many forms of revenue forgone, from tax exemptions to tax credits. Without subjecting taxMoreProperly used tax expenditures can play an important role in implementing countries economic and social policies. But they often go unnoticed because they take many forms of revenue forgone, from tax exemptions to tax credits. Without subjecting tax expenditures to the same scrutiny most countries apply to the spending sides of their budgets it is impossible to know the cost and efficiency of tax expenditures or whether they might be better allocated. Tax Expenditure-Uncovering Hidden Government Spending discusses conceptual and methodological issues relating to tax expenditures, provides a framework for evaluating them, offers case studies on government treatment of tax expenditures from developed and transition economies, and outlines generally applicable policy options. It also provides in individual chapters case studies of the treatment of tax expenditures in Australia, Belgium, Canada, China, the Netherlands, Poland, and the United States. Each chapter presents how the nation defines tax expenditures and the corresponding benchmark tax system.