FAIR TAX MONITOR

According to the United Nations Technical Report of the High-level Panel on Financing for Development, taxes retain a vital role in financing state spending on basic social services such as education, health care and social security. Effective public spending, which responds to the needs of the people, requires the collection of sufficient tax revenue. Experience has shown that tax structures, no matter how brilliant on paper, are of limited effectiveness if applied in an inefficient or corrupt manner. Thus, a simple tax system and a transparent, accountable and corruption-free tax administration capable of reducing tax evasion and avoidance should be created