Tax as a development issue – Page 8

Will there be enough food for everyone if we end tax dodging?

I wasn’t going to write about the Enough Food for Everyone If campaign.* But then Zahid Torres-Rahman opened up his big binder of generic blog posts for the Guardian and pulled out one entitled “Business Should Be Part of the Solution in [insert name of campaign here].”

Corporation tax raises $1.5 trillion a year

All this talk of tax competition, tax planning, tax avoidance, and so on can make one terribly pessimistic. After reading Tim Harford and Michael Devereux both argue that we may as will give up on corporation tax, I got to wondering how much it actually raises. Luckily I had some data to hand, from the… Continue reading Corporation tax raises $1.5 trillion a year

Some fascinating snippets from the IMF’s new paper on fiscal transparency

Today in my inbox is an blog post in which “Two Richards Talk Fiscal Transparency” – the Richards concerned being one current (Richard Allen) and one former (Richard Hughes) head of division in the IMF’s Fiscal Affairs Department.I’ve pulled out two interesting things from the blog post and associated paper [pdf]: the statistics showing how… Continue reading Some fascinating snippets from the IMF’s new paper on fiscal transparency

Do tax treaties increase foreign investment in developing countries?

Ghana also uses Double Taxation Agreements (DTA) to rationalise tax obligations of investors who come from global tax sourced jurisdictions with a view to saving the investors the incidence of double taxation. – Ghana Investment Promotion Centre

Africa may be getting worse, not better, at raising taxes

That is the implication of an interesting blog over at the Guardian, which argues that African GDP statistics are woefully inaccurate. A couple of years ago Ghana revised its GDP estimates dramatically upwards, by 60%, and it seems Nigeria is about to follow suit.

Tax can promote growth and equity, says the IMF…but how?

The relationship between taxes and growth is hardly an easy topic to resolve in a single blog. But the IMF has been saying some interesting things on this subject recently, not least in a paper I reviewed a couple of weeks ago, which had three notable findings: In middle- and high-income countries, there’s a negative… Continue reading Tax can promote growth and equity, says the IMF…but how?