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  • 23-November-2020

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    OECD Secretary-General Tax Report to G20 Leaders (Saudi Arabia, November 2020)

    This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

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  • 12-October-2020

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    OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Saudi Arabia, October 2020)

    In addition to an update on the progress we are making to address the tax challenges arising from the digitalisation of the economy, the report provides the latest progress on other G20 deliverables: notably on tax transparency with the 2019 AEOI figures, implementation of the BEPS standards & capacity building for developing countries.

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  • 9-October-2020

    English

    COVID-19 policy response: Green budgeting and tax policy tools to support a green recovery

    This policy response focuses on practical ways in which countries can use green budgeting and tax policy tools to implement stimulus packages that support a green recovery, and the inter-linked role of both tax and spend measures in aligning stimulus programmes with decarbonisation objectives.

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  • 2-October-2020

    English

    8th meeting of the Africa Initiative: Members and partners reflect on COVID-19 challenges, discuss tax transparency progress and agree to renew Initiative for a further three years

    The Africa Initiative’s 8th annual meeting brought together more than 150 participants from 27 African countries and 20 organisations. Representatives reflected on current challenges faced by administrations and highlighted the importance of exchange of information (EOI) and other forms of administrative co-operation in supporting domestic resource mobilisation in these challenging times.

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  • 14-September-2020

    English

    Blog post: Côte d’Ivoire and Morocco: tax reforms for sustainable health financing

    The COVID-19 pandemic has demonstrated that weaknesses in one country’s health sector can rapidly become a health challenge for other countries. Additionally, as countries around the world, including Côte d’Ivoire and Morocco, face the current economic and health crisis, the sense of urgency to mobilise domestic resources has increased.

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  • 3-September-2020

    English

    Blog post: Supporting the global economy: what role for tax systems in responding to COVID-19?

    While the size of fiscal packages has varied across countries, most have been significant, and some countries have taken unprecedented action. Initial government responses focused on providing income support to households and liquidity to businesses to help them stay afloat. As the crisis has continued, many countries have expanded their initial fiscal packages.

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  • 10-August-2020

    English

    Reassessing the regressivity of the VAT

    This paper reassesses the often-made conclusion that the VAT is regressive, drawing on tax microsimulation models constructed for an unprecedented 27 OECD countries. The paper first assesses the competing methodological approaches used in previous distributional studies, highlighting the distorting impact of savings patterns on cross-sectional analysis when VAT burdens are measured relative to income. As argued by IFS (2011), measuring VAT burdens relative to expenditure – thereby removing the influence of savings – is likely to provide a more meaningful picture of the distributional impact of the VAT. On this basis, the VAT is found to be either roughly proportional or slightly progressive in most of the 27 OECD countries examined. Nevertheless, results for a small number of countries highlight that broad-based VAT systems that have few reduced VAT rates or exemptions can produce a small degree of regressivity. Results also show that even a roughly proportional VAT can still have significant equity implications for the poor – potentially pushing some households into poverty. This emphasises the importance of ensuring the progressivity of the tax-benefit system as a whole in order to compensate poor households for the loss in purchasing power from paying VAT. In the broader context of the COVID-19 crisis, the findings of the paper suggest there may be scope in many countries for VAT reform to help address revenue needs, as this revenue may be generated with less significant distributional effects than previously thought. While standard VAT rates are high in many countries, OECD evidence shows that scope exists to broaden VAT bases. Nevertheless, any VAT increases, including VAT base broadening measures that impact the poor, should be accompanied by compensation measures for poorer households, such as targeted tax credits or benefit payments.
  • 18-July-2020

    English, PDF, 3,610kb

    OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Saudi Arabia, July 2020)

    In addition to an update on the progress we are making to address the tax challenges arising from the digitalisation of the economy, the report provides the latest progress on other G20 deliverables: notably on tax transparency with the 2019 AEOI figures, implementation of the BEPS standards & capacity building for developing countries. There is an additional section relating to the work carried out in response to the COVID-19 crisis.

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  • 9-July-2020

    English

    Building tax systems in developing countries is vital to overcoming COVID-19 and achieving the SDG's

    The Sustainable Development Goals (SDGs) serve to stimulate action in areas of critical importance for humanity and the planet. With the COVID-19 pandemic affecting lives and livelihoods alike, the question is how will the SDGs be financed?

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