Reforming Tax Expenditures in Italy: What, Why, and How?
Electronic Access:
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Summary:
The IMF has advised country authorities to roll back tax expenditures as a way to support fiscal consolidation efforts—urging them to evaluate tax expenditures according to clear criteria, and assessing their impact on public finances, economic efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the extent to which tax expenditures can be considered part of an optimal tax system and possible reforms.
Series:
Working Paper No. 2014/007
Subject:
Corporate income tax Personal income tax Public financial management (PFM) Tax allowances Tax expenditures Taxes Value-added tax
English
Publication Date:
January 16, 2014
ISBN/ISSN:
9781484370773/1018-5941
Stock No:
WPIEA2014007
Pages:
16
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