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Inheritance tax is poor answer to raising revenues

Location:

INTERNATIONAL

Within the OECD, 16 countries levy no taxes on assets passed to linear heirs, while the average top rate is 14%

Reducing evasion is key as business taxes race lower

Location:

INT

President-elect Donald Trump aims to "cut business taxes massively" as the US corporate tax rate is the G20's highest

Latin America tax evasion will strain state funds

Location:

LATIN AMERICA

VAT evasion alone amounted to some 2.4% of Latin America’s GDP in 2015 -- roughly the region’s estimated growth for 2017

Taxing capital over income and spending needs momentum

Location:

INT

Wealth is more unequal than income; tackling property prices and tax is more crucial for some nations than others

South-east Asian tax variances imply mixed outlook

Location:

SOUTH-EAST ASIA

As South-east Asia integrates, governments must factor tax regimes and competitiveness, and other structural reforms

Middle East and North Africa face rising tax issues

Location:

MIDDLE EAST/NORTH AFRICA

Personal income tax take by regional governments is very weak due in part to the size of the informal economy

Regressive tax bill may offset rising US minimum wages

Location:

UNITED STATES

Minimum wages rose in 22 states in 2017, adding impetus to rising wages for the lowest earners after years of stagnation

US auto autarky ambition could cut world trade and GDP

Location:

INT

The EU taxes US cars at 10%, firing an auto surplus; the US taxes EU cars at 2.5%, firing a deficit and troubling Trump

Policy is key to curbing the forces driving inequality

Location:

INT

The rich are getting richer globally but policies fostering redistribution, diversification and growth can check this

Green surge risks deepening Europe’s fault lines

Location:

EU

As climate change issues moves to the centre, affordability risks alienating the ‘left behinds’ of the past decades