Minimum Standards for Tax Expenditure Reporting: Ffd4 Side Event in Sevilla

Governments worldwide use preferential tax treatments – called tax expenditures – to pursue different policy objectives. These measures cause huge immediate public revenue losses while their effectiveness is often in doubt. Against this background, many governments seek to rationalise the use of tax expenditures.

The side event aims to introduce key features of tax expenditure reporting, derived from good international practices and showcased in the Global Tax Expenditure Transparency Index (GTETI). Based on two successful country experiences, it discusses how such key features can be put into practice, and highlights how good tax expenditure reporting enables governments to rationalise tax expenditures and strengthen domestic revenue mobilisation.

For more information, kindly check the event's website.