Macroeconomic and structural policies to further stabilise the Mexican economy

26-Nov-2011

Improvements in the macroeconomic policy framework over the past two decades and prudent regulation of the financial system have contributed to reduce output volatility in Mexico relative to other OECD countries. The sharp recession in 2008-09 illustrated that output volatility has nonetheless remained high.

Fiscal reform for a stronger fairer and cleaner Mexican economy

18-Nov-2011

With slow growth and high inequality Mexico needs investments in infrastructure, education and social policies. Mexico has increased spending in all of these areas. This was easily financed thanks to fiscal reforms in 2007 and 2009 as well as high oil prices in recent years.

Refining macroeconomic policies to sustain growth in Brazil

26-Oct-2011

This paper identifies refinements to the macroeconomic framework that will help Brazil to achieve strong performance in a new environment in which population will age at a rapid pace, heavy reliance on oil resources will increase public revenue volatility and uncertainties regarding the external environment are higher, possibly permanently.

Raising investment in Brazil

26-Oct-2011

Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential reasons for these low investment rates and discusses policy options to achieve faster capital accumulation.

Austria: public sector inefficiencies have become less affordable

19-Oct-2011

Performance of fiscal policy, while good in international comparison, is not sufficient to prepare for future ageing-related spending increases. Subject to macroeconomic developments, the pace of consolidation could be more ambitious than currently planned, with a view to reducing the debt burden below 60% of GDP by 2020.

ICELAND: Ensuring a sustainable and efficient fishery

20-Sep-2011

Iceland has managed its large fishing industry in a sustainable and profitable way. The foundations of this success are setting Total Allowable Catches (TACs) based on scientific recommendations of what is biologically sustainable and the Individual Transferable Quota (ITQ) system, which gives each holder the right to catch a certain of the TAC in various species.

Public comments on the OECD International VAT/GST Guidelines on Neutrality are published

22-Jul-2011

Following the invitation for public comment on the VAT/GST Guidelines on Neutrality, the OECD has now published the comments received. These comments were very supportive of the Guidelines and will be used to develop further guidance on their implementation in practice.

Belgium: The crisis has enhanced the urgency for fiscal consolidation

12-Jul-2011

The crisis has enhanced the urgency for fiscal consolidation, which should aim at spending restraint at all levels of government and controlling ageing-related spending increases. A stronger fiscal framework including spending rules, multi-annual budgeting and a larger role for independent analysis and assessments would reinforce the political commitment towards fiscal sustainability.

Tax: Panama meets target for international exchange of tax information

06-Jul-2011

Panama today moved to the OECD’s list of jurisdictions considered to have substantially implemented the standard for exchange of information when it signed a tax information exchange agreement with France.  This brings Panama’s total agreements to the critical 12 that meet the international standard. 

Committee on Fiscal Affairs approves OECD International VAT/GST Guidelines on Neutrality

05-Jul-2011

The VAT/GST Guidelines on Neutrality have been approved by the Committee on Fiscal Affairs on 28 June 2011. These consist of six guidelines on applying VAT/GST as a tax that is neutral for businesses, including foreign businesses. They form part of the OECD International VAT/GST Guidelines . The draft Guidelines had been released for public consultation in December 2010. Several major business associations and global advisory firms made representations strongly supporting the Guidelines and stressing the need for further guidance to ensure their implementation in practice.

Factblog: Tax Wedges

Compare countries' taxes on wages

Tax Co-operation 2010: Towards a Level Playing Field

Assessment by the Global Forum on Transparency and Exchange of Information

Peer Reviews

Peer Review Reports

Implementing the Tax Transparency Standards

A Handbook for Assessors and Jurisdictions

Tax and the crisis

Fighting tax evasion

Comment on the OECD's tax work

Discussion Drafts

www.itdweb.org

A joint initiative by the OECD, IMF and World Bank to facilitate discussion on tax matters

International Tax Dialogue