Overview
Law360 'Tax Authority' quoted partner Philip West in an April 25 article titled, "Political Accountability Key For Tax Reforms, Panelists Say." The article centers on a recent virtual conference hosted by the Tax Policy Center to discuss what the US can learn from developing countries.
The piece summarizes the strategies to reform tax systems in a way that can benefit developing countries, as well as what the US can learn from others. During the panel, West emphasized the importance of simplicity in tax policy, saying "Simplicity is especially important, of course, in working with developing countries.” He also cautioned the use of tax expenditures as they complicate the tax code, aren't transparent spending measures and are practically indefinite.
The full article can be read at Law360 'Tax Authority' (subscription required).
