Corporate Taxation in the Global Economy: Can a Consensus for Reform Emerge?

October 7th, 2019

Efforts to address global corporate tax issues have previously stalled.  Is a consensus for reform emerging?

Organized by the Financial Transparency Coalition, ICRICT, Oxfam, G-24, Friedrich Ebert Stiftung

Join us for a high-level panel discussion featuring:

  • Gabriel Zucman, Assistant Professor, UC Berkeley & ICRICT
  • Victoria Perry, Fiscal Affairs Department, IMF
  • Winnie Byanyima, Executive director, Oxfam
  • Jose Antonio Ocampo, Banco de la Republica, Colombia & ICRICT
  • Zainab Ahmed, Minister of Finance, Nigeria (invited)
  • Carlos Dominquez, Secretary of Finance, Philippines (invited)
  • Stephanie Johnston, Chief Correspondent, Tax Notes Today International (Moderator)

Despite challenges to multilateralism, a consensus for global tax reform is emerging- and it is much needed, as international corporate tax rules are under unprecedented stress. The Base Erosion and Profit Shifting (BEPS) Action Plan adopted four years ago by the G20 did not stop countries from undercutting each other with unilateral measures to protect their tax base. Furthermore, BEPS did not address the challenges of the digital economy, failed to simplify rules for tax administrations, did not address the race to the bottom in tax rates and it ignored developing countries’ longstanding demand to revisit taxing rights.

A new global agreement is essential to decrease the multi-trillion-dollar financing gap to achieve the Sustainable Development Goals (SDGs), fight inequality, uphold human rights and improve human development outcomes. Multilateral institutions such as the IMF, OECD, G20 and UN acknowledge the need for change. Success will require more effective and inclusive cooperation than in the past. The question of “who makes the rules?” is just as pertinent as what the rules should be.

The panel discussion will:

➢ Highlight the importance of tackling corporate tax avoidance and tax competition.

➢ Take stock of the current international reform process and debate reform proposals.

➢ Identify solutions to ensure that least developed countries have a voice in the debate.

Date and Time
Thursday, October 17, 2019
9:30 AM – 11:00 AM EDT

Jack Morton Auditorium
The George Washington University
805 21st St NW
Washington, DC 20052

Please register for this event here.  You may also register for this event upon arrival.

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