Revenue-starved governments should revisit inheritance tax - OECD ...Middle East

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Revenue-starved governments should revisit inheritance tax - OECD
source : Devdiscourse ( Middle East ) () 33
Governments hungry for extra revenue as they emerge from the coronavirus crisis should revisit their inheritance and estate tax, the Organisation for Economic Cooperation and Development said on Tuesday. Exemptions, carve-outs and generous lifetime donations mean inheritance and estate tax is a minor source of revenue in most countries and often make inequality worse, the Paris-based organisation said.

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