Winning the Tax Wars
Follow the event on Twitter with #Tax4Dev
Date: Monday, May 23 & Tuesday, May 24, 2016
Day 1 Time: 2:00pm – 5:30pm (ET) / 18:00 - 21:00 (GMT) or convert time
Day 2 Time: 9:00am – 10:30am (ET) / 13:00 - 14:30pm (GMT) or convert time
Location: World Bank Group HQ & Online
Developing countries face competitive pressures to lower tax rates and shrink their tax base. They must also fight against tax avoidance by multinational corporations and evasion schemes by the rich, as the Panama Papers demonstrated recently. These dynamics are damaging for developing countries, undermining their ability to build state capacity and, at times, leading to tax increases for the poor.
Can developing countries win these "tax wars" alone? What can we do to help them? Join us to discuss!
Click here for more information on the full, two-day conference.
Day 1: "Reducing Secrecy and Improving Tax Transparency"
Former US Sen. Carl Levin, who led several high-profile investigations of tax evasion and avoidance practices, including Apple’s use of tax shelters, and drove a number of anti-money laundering and corporate accounting reforms in the US, will kick off discussions of how government-led investigations can lead to better tax rules and how developing countries can better cope with aggressive tax planning by multinational corporations. Interactive debate will follow, engaging the audience in a Twitter-based vote.
Day 2: "Expanding the Global Tax Base: Taxing to Promote Public Goods, Tobacco Taxes"
Prof. George Akerlof, 2001 Nobel Prize Laureate in Economics, and Prof. Philip Cook of Duke University will open a discussion around the use of tobacco taxes to improve health and raise revenues, with particular attention to the experiences of the Philippines, China, and Uruguay.
This event has concluded.
Stay tuned for the replay.