Outcomes of World Bank panel’s doing business indicator review

Tax is one of the 11 indicators used by the World Bank to assess the ease of doing business for small and medium enterprises (SMEs) in more than 180 countries. An independent panel created by World Bank President Jim Yong Kim released a report last month reviewing these indicators. Jeffrey Owens, director of the WU Global Tax Policy Centre at the Institute for Austrian and International Tax Law, examines the panel’s conclusions regarding the tax indicators.