International trends in tax reform
Source: CPA Canada
From the United States to France, the Netherlands and Japan, many of the world’s developed nations and some of Canada’s biggest trading partners have completed or are pursuing major tax reform initiatives. Countries such as the U.K., New Zealand and Australia have put their tax systems up for full-scale reviews.
Comprehensive tax system reviews and more targeted tax reforms help countries to ensure their tax systems continue to meet their fiscal objectives for raising revenues to pay for government programs, attracting investment and promoting economic growth.