Tax reform is an urgent priority, as Japan needs as much as 5% to 6% of GDP of additional government revenue just to … stabilise public debt, which has risen to 180% of GDP. In addition to raising revenue, tax reform should promote economic growth …, address the deterioration in income distribution and improve the local tax system. Additional revenue should be obtained …

than would have been warranted by the registered rate of nominal output growth and the impact of tax measures. The study … United Kingdom, France and some Nordic countries. Conversely, the subsequent decline in tax receipts has been sharper than …

flexibility built into the Stability and Growth Pact. It then provides simulation exercises to highlight the positive budgetary … New Zealand and Australia has shown that the longer-term benefits of reforms both in terms of the budget and overall …

This paper develops a differential game of tax avoidance by modelling the interactions between a taxpayer and the tax … non-co-operative Nash that depends on the resources that need to be used by the tax authority to enforce legislation and … the cost to be borne by the taxpayer in tax compliance, provided that the curvature of the utility functions is bounded …

pension system. On the revenue side, further simplifying the tax system and refraining from revising the tax legislation from … one year to the next, as has happened in recent years, would make the tax system easier to manage and would facilitate …

that are due to policy action from those that are related to the automatic stabilisers built into the tax code, the social …

decades and, within the limits of the existing empirical research, evaluates the overall costs and benefits for the OECD … employment), there are also benefits in terms of lower risk premiums on interest rates, a more favourable investment climate and …