The evaluation of tax expenditure is controlled and contributes to rational decision-making
Description of main activities
1. Common methodology
Development of a common methodology for quantifying tax expenditures for all ECOWAS Member States (MS) based on the WAEMU model
2. Transparency
Improve transparency in tax exemptions and other parafiscal advantages that contribute to the erosion of the tax base – Identification and publication/dissemination by each MS in liaison with ECOWAS of tax and customs exemptions in the national legislation of each MS (tax, customs, mining, investment, parafiscal codes, etc.)
3. Installation of systems
Installation of national and regional (ECOWAS and WAEMU) systems of transparency of national practices on tax incentives – implementation of systematic cost-benefit analyses of tax exemption measures
4. Design and harmonization
Design and harmonization of the format of the document on the quantification of the relevant tax expenditures to be produced by each ECOWAS Member State
5. Policy Implementation
Support for the implementation of tax incentive policies
6. Tax transparency tools
Development of fiscal transparency tools for tax expenditures (publication and dissemination of results to tax administrations, civil society, parliaments, and other non-governmental stakeholders, strengthening of the monitoring role of civil society and parliament)