About Treasury • Offices
Tax Policy
The Office of Tax Policy supports the development and analysis of tax policy. The work focuses on how tax rules affect revenue, fairness, growth, compliance, and administrative feasibility.
Core Responsibilities
- Analyzes proposed tax policies and how they may affect households, businesses, and the broader economy.
- Supports the development of tax proposals, including distributional and revenue considerations.
- Engages on international tax issues such as cross-border rules and tax agreements, when applicable.
Key Considerations in Tax Policy
- Simplicity: making rules easier to understand and administer.
- Equity: considering fairness and distributional impacts.
- Efficiency: minimizing distortions while meeting goals.
- Compliance: supporting effective administration and enforcement.
- Revenue: estimating fiscal effects and budget impacts.
How It Supports the Public
Tax policy affects nearly every household and business. This office supports careful analysis to help ensure tax rules are workable, transparent, and aligned with policy goals.
- Helps improve clarity and consistency in tax rules.
- Supports analysis of impacts across income groups and sectors.
- Promotes approaches that reduce unnecessary complexity.