{"query_echo":{"q":"","filters":{"analysis_type":["Q&A"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'Q&A' for facet 'analysis_type' is not in the controlled vocabulary."}]},"total":{"value":1,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?analysis_type=Q%26A","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"iisd-003424","url":"https://climateinsightsdirectory.org/document/iisd-003424","title":"Repenser les incitations fiscales en tant qu’outil de promotion des investissements","publisher":{"name":"International Institute for Sustainable Development","organization":"international-institute-for-sustainable-development"},"document_type":"briefing","language":"fr","date_published":"2023-10","source_url":"https://www.iisd.org/system/files/2025-02/revisiting-tax-incentives-investment-promotion-tool-policy-makers-fr.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","analysis_type"],"summary":{"text":"The document argues that tax incentives are often ineffective at attracting investment and may be rendered redundant by the 15% global minimum tax (GloBE rules) starting in January 2024. It recommends shifting from profit-based incentives to cost-based incentives and improving governance through transparency and inter-agency coordination.","ai_generated":true,"unit":"iisd-003424#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"Tax incentives are not generally a prerequisite for attracting investment, and evidence suggests that many investments would have occurred even without them.","ai_generated":true,"unit":"iisd-003424#insight-1","date_modified":"2026-10-23"},{"text":"The OECD/G20 global minimum tax (Pillar 2) requires multinational enterprises with annual revenues of 750 million euros or more to pay an effective tax rate of 15% in all jurisdictions, which will make certain tax incentives redundant.","ai_generated":true,"unit":"iisd-003424#insight-2","date_modified":"2026-10-23"},{"text":"Profit-based incentives, such as tax holidays and free export zones, are highly susceptible to the global minimum tax because they significantly reduce the effective tax rate, potentially leading to top-up taxes in other jurisdictions.","ai_generated":true,"unit":"iisd-003424#insight-3","date_modified":"2026-10-23"},{"text":"Cost-based incentives, such as accelerated depreciation and investment deductions, are preferable to profit-based ones because they reduce the cost of capital and are less likely to be abused or trigger top-up taxes under GloBE rules.","ai_generated":true,"unit":"iisd-003424#insight-4","date_modified":"2026-10-23"},{"text":"Legal reforms to tax incentives are complicated by 'fiscal stabilization' clauses in investment contracts and international treaties, which may limit a government's ability to modify tax laws without providing compensation.","ai_generated":true,"unit":"iisd-003424#insight-5","date_modified":"2026-10-23"},{"text":"Effective governance of tax incentives requires transparency, public consultation, and a 'whole-of-government' approach involving the ministry of finance and tax administration.","ai_generated":true,"unit":"iisd-003424#insight-6","date_modified":"2026-10-23"}],"climate_tags":["tax incentive","climate resilience","energy infrastructure"],"geography_discussed":[],"frame_perspective":[],"analysis_type":["policy briefing","Q&A"]}]}