Why tax expenditure reporting is a missing link in financing for development
by Alexandra Readhead, Agustín Redonda, Christian von Haldenwang, Giovanni Occhiali, Giulia Mascagni & Harshil Parekh
With aid budgets shrinking and debt vulnerabilities mounting, the $4 trillion governments forgo annually through exemptions, credits, and preferential rates demands greater transparency and accountability. The Coalition on Tax Expenditure Reform argues that minimum reporting standards are a precondition for reform and should be a priority for the G7 and G20….