Economic Policy Reforms 2016 Going for Growth Interim Report

Economic Policy Reforms 2016 Going for Growth Interim Report

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Going for Growth is the OECDa€™s regular report on structural reforms in policy areas that have been identified as priorities to boost incomes in OECD and selected non-OECD countries (Brazil, China, Colombia, India, Indonesia, Latvia, Russian Federation and South Africa).Growth-friendly and efficient tax system supports productivity growth Tax reforms that shifts the burden from direct taxation such as income tax to indirect taxation such as VAT, Goods and Service tax (GST) or property taxation contributes to productivity growth by reducing distortion on labour supply and corporate investments (Arnold et al., 2012). ... They have room to expand the role of indirect taxation, for instance, by harmonising the sales tax rate across regions (e.g. in Canada) oranbsp;...

Title:Economic Policy Reforms 2016 Going for Growth Interim Report
Author: OECD
Publisher:OECD Publishing - 2016-02-26

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