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19 Apr 22
The public sector urgently needs to use land value capture to stop private interests profiting from price rises caused by climate change.
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14 Apr 22
Introducing carbon taxes might not only lead to lower greenhouse gas emissions but could also help foster a ‘just transition’ to the low-carbon future, a World Bank report has suggested.
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12 Apr 22
Public Finance Focus examines the different approaches to land value capture being undertaken by cities in Brazil, Israel and Hong Kong.
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12 Apr 22
Could the impact of Covid-19 on land prices scupper models designed to capture the uplift in values brought about by development?
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11 Apr 22
Poland has blocked the European Union’s effort to adopt a minimum corporate tax rate agreed by 137 countries last year over concerns the move would risk making the tax system less fair.
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30 Mar 22
The Australian government has pledged close to £5bn in tax cuts and one-off payments in its budget to help offset the impact of rising inflation on the economy.
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29 Mar 22
US president Joe Biden has outlined budget plans including a tax on the very wealthiest Americans and “fiscal responsibility” through a $1.3trn reduction in the government deficit - a record for a...
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25 Mar 22
Authorities in Florida are working out how to accept tax payments in cryptocurrency, the governor of the US state has said.
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22 Mar 22
The Chinese State Council has approved plans to provide hundreds of billions of pounds in VAT relief to small businesses to help maintain economic stability.
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17 Mar 22
The European Council has agreed an approach for partner countries to apply carbon tariffs on good entering the bloc to help fight climate change.
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16 Mar 22
The Ukrainian government has unveiled a set of radical reforms, including a simplification of the tax system, to put its economy on a war footing.
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25 Feb 22
South Africa has presented a 2022 budget with lower taxes and more ambitious debt targets after high commodity prices led to higher-than-expected revenue - but analysts have warned against over-...
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23 Feb 22
The Mexican government’s finances have remained sound since the onset of Covid-19 but the government needs an “ambitious” set of reforms to cement the economic recovery, the OECD has said.
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18 Feb 22
Singapore’s finance minister has increased taxes targeted at corporations and the rich, in order to fund higher spending in the wake of Covid-19 and in the face of the city-state’s ageing population.
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3 Feb 22
A Canadian province has dropped its plan to introduce a tax for people refusing to have Covid-19 vaccines because it was too divisive.
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3 Feb 22
Pakistan will receive $1bn from a previously-stalled bailout package after the International Monetary Fund’s executive board agreed it had made sufficient progress on policy reforms.
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28 Jan 22
Japan will need to increase tax revenue to contend with major challenges such as its huge public debt and ageing population according to International Monetary Fund economists.
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17 Jan 22
Greek over-60s who choose not to receive a Covid-19 vaccine are set to be fined, with the money going to fund hospitals.
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14 Jan 22
A Canadian province is looking to introduce a “significant” tax on its residents who refuse to receive a Covid-19 vaccination.
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12 Jan 22
Chile’s lower legislative house has passed the introduction of a tax on the country’s super rich to fund a new state pension, paving the way for a standoff with the president who rejects the idea.
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4 Jan 22
Germany’s new coalition government will give people and businesses “well over €30bn” of tax breaks while keeping the country tied to fiscal balance, its finance minister has said.
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21 Dec 21
Canada’s decision to implement its digital services tax in 2024 if global reforms stutter has concerned the US administration, which has threatened to look again at its trade agreements with its...
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6 Dec 21
The level of financial support for businesses and households through Covid-19 reduced the impact of lost tax income compared with the 2008 financial crisis, according to the OECD.
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30 Nov 21
Improving Pakistan’s tax collection is the key to economic stability and reducing its reliance on foreign loans, prime minister Imran Khan has said.
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12 Nov 21
The recent international corporation tax agreement was a missed opportunity to fund the climate transition, according to an advocacy group.