Last week’s Global Tax Policy Conference at Maastricht University on “international spillovers in taxation” has got me thinking. In particular, I was fascinated by Belema Obuoforibo’s presentation on the IBFD’s methodology for ‘spillover analyses’ (here is a link to an IBFD Powerpoint describing it). The term ‘spillover’ comes from the IMF, a term they use… Continue reading Is it or isn’t it a spillover?
Tag: IMF
‘Spillover analysis’ as a frame of reference for tax and development policy
Last year, when Parliament’s International Development Committee was conducting an inquiry into tax and development, ActionAid (where I worked) was calling on the government to assess the impact of changes to the UK’s Controlled Foreign Companies (CFC) rules on developing countries. At the time, we were citing a report from the IMF, World Bank, OECD… Continue reading ‘Spillover analysis’ as a frame of reference for tax and development policy
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
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?
Corporation tax has no association with GDP growth, says an IMF paper
This is a review of “Tax Composition and Growth: A Broad Cross-Country Perspective,” an IMF working paper by Santiago Acosta Ormaechea and Jia Yoo. Here’s the assumption that I’m going to make in this post: it’s probably not too much of a stretch to say that the consensus among development practitioners is that economic growth… Continue reading Corporation tax has no association with GDP growth, says an IMF paper
Martin Hearson 