Tax Expenditure Reporting as a Tool for Budget Transparency: Bangladesh Context

2015 ◽  
Author(s):  
Asim Dio
Keyword(s):  
Tax Expenditure ◽  
Expenditure Reporting

TAX EXPENDITURE REPORTING—A COMMENT

1987 ◽  
Vol 40 (2) ◽  
pp. 255-257
Author(s):  
JON DAVID VASCHE
Keyword(s):  
Tax Expenditure ◽  
Expenditure Reporting

Tax Expenditure Reporting: The Utilization of an Innovation

1992 ◽  
Vol 12 (3) ◽  
pp. 32-49 ◽  
Author(s):  
J.E. Harris ◽  
S.A. Hicks
Keyword(s):  
Tax Expenditure ◽  
Expenditure Reporting

scholarly journals Tax Expenditure Reporting and Domestic Revenue Mobilization in Africa

2021 ◽  
pp. 173-193
Author(s):  
Agustin Redonda ◽  
Christian von Haldenwang ◽  
Flurim Aliu
Keyword(s):  
Government Expenditure ◽  
African Countries ◽  
Tax Expenditures ◽  
The World ◽  
Tax Expenditure ◽  
First Results ◽  
Policy Objectives ◽  
Expenditure Reporting ◽  
Main Portion ◽  
Ongoing Project

AbstractThe use of tax expenditures (TEs) is an important fiscal practice that is often overlooked in public spending debates. The fiscal cost as well as the lack of effectiveness of TEs can be significant. This chapter describes the state of TE reporting across the world, focusing on Africa. It begins by explaining in detail what TEs are and what their role in government expenditure is. It proceeds by offering examples of the fiscal cost of these provisions, their (in)effectiveness, and the reasons why they are often hard to remove. The main portion of the chapter focuses on the lack and inconsistency of TE reporting. The chapter provides the first results of the “Global Tax Expenditures Database” (GTED), an ongoing project aiming to increase transparency and boost research in the TE field. The GTED reveals that over 64% of African countries do not provide any information on their TEs, while most of the countries that do report on TEs leave out important information such as the policy objectives and beneficiaries of those provisions. Lastly, using the available data, the chapter reports that, on average, TEs in African countries account for 2.8% of GDP and 17.8% of total tax revenue, and being as high as 7.8% (in Senegal) and 58.4% (in Mauritania), respectively.

Towards enhancing tax abatement transparency: Reviewing the promises and limitations of GASB 77

2017 ◽  
Vol 29 (4) ◽  
pp. 439-463
Author(s):  
Geoffrey Propheter
Keyword(s):  
Financial Reporting ◽  
Accounting Standards ◽  
Financial Reports ◽  
Government Accounting ◽  
Tax Abatements ◽  
Tax Expenditure ◽  
Accounting Environment ◽  
Expenditure Reporting ◽  
The Government ◽  
Tax Abatement

AbstractIn August 2015, the Government Accounting Standards Board (GASB) adopted Statement 77, requiring government disclosure in audited financial reports of a particular type of tax expenditure, tax abatements. GASB's reporting standards move tax abatements from a budgetary environment to an accounting environment. This paper evaluates GASB 77's provisions to encourage an early and on-going dialogue about the Statement's prospects for achieving greater transparency compared to existing tax expenditure reporting efforts. We conclude that GASB 77 will be most beneficial to consumers of financial information in medium and large jurisdictions where there is no alternative tax abatement disclosure platform, or where the alternative offers less transparency than what can be achieved through financial reporting.

THE TAX EXPENDITURE BUDGET – RESPONSE TO PROFESSOR BITTKER

1969 ◽  
Vol 22 (4) ◽  
pp. 528-537
Author(s):  
STANLEY S. SURREY ◽  
WILLIAM F. HELLMUTH
Keyword(s):  
Tax Expenditure
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