Latin America and the Caribbean are at a crossroads of environmental sustainability and inclusive development; and public governance plays a critical role in a fair green transition, especially given existing inequalities, limited fiscal capacity, and deteriorating public trust. How are public administrations in our region performing in these and other crucial areas for our … [Read more...] about From Data to Action: Learn How Latin American and Caribbean Governments Are Pursuing Better Governance
Administración financiera y tributaria
Tax Administration 3.0: IDB open-source software leverages digital accounting data to facilitate and increase compliance
Digital transformation is changing how government agencies relate to citizens, allowing them to meet their constituents' needs faster, fairer, and more transparently. One promising area for governments is the creation of Tax Administrations 3.0 by using digital technologies to provide a more seamless and frictionless service for citizens and firms[1]. Tax administrations … [Read more...] about Tax Administration 3.0: IDB open-source software leverages digital accounting data to facilitate and increase compliance
Revisiting Personalized VAT: A Tool for Fiscal Consolidation with Equity
The economic contraction tracked by the COVID-19 pandemic has created large fiscal imbalances that will lead Latin American and Caribbean (LAC) governments to pursue fiscal consolidation policies to increase revenues and reduce expenditures. In the tax realm, questions inevitably arise as to the adequacy of tax revenues and the equity of the proposed measures. That calls for … [Read more...] about Revisiting Personalized VAT: A Tool for Fiscal Consolidation with Equity
Five Reasons COP26 is a Big Deal for Finance Ministries
The streams of analysis on the UN climate change talks in Glasgow last December read like the opening of the Charles Dickens’ novel, A Tale of Two Cities: “It was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair…” There is some truth to both sides. There was deep regret that the goal of developed countries to … [Read more...] about Five Reasons COP26 is a Big Deal for Finance Ministries
Digital Maturity Index: How to measure digital transformation progress in tax administrations
The development of digital technology has profoundly transformed information processes in all the spectrum of the public and private sectors. For Tax Administrations (TAs), organizations whose business processes (services and audit) are based on data, technology advancements are driving profound changes in the way they carry out their tax collection functions. Digitalization … [Read more...] about Digital Maturity Index: How to measure digital transformation progress in tax administrations