TARGET GROUP | Mid- to senior-level officials from ministries of finance or economy, tax authorities, financial intelligence units, fiscal councils and central banks involved in tax issues
DESCRIPTION | The objective of this course is to generate a discussion between tax administrations and ministries of finance in the JVI region. Tax systems in emerging countries need to ensure that they raise enough revenue to finance essential expenditures, do so in an equitable way while harnessing growth, respect international norms, and are in line with respective administrative capacities. This is a particularly challenging task in the age of digitalization, globalization, and confronting a well-established practice of international tax avoidance and evasion. Vulnerability to base erosion and profit shifting is high in environments with underdeveloped or outdated tax laws, low enforcement of tax laws, and general capacity constraints. There is therefore a need for both Ministries of Finance as well as Tax Administrations to develop a shared understanding of how a modern tax system and tax administration works, and to adopt a practice of dialogue and reflection regarding the development and implementation of new tax laws and policies.
The course will cover topics such as:
- Taxation and inclusive growth
- Structure of taxes in emerging market economies
- Tax avoidance, tax evasion and transfer pricing
- Principles and elements of a modern tax administration system
- Tax competition and tax incentives
The course aims to improve the participants’ knowledge and capacity to design and implement a future-oriented tax policy and administration in their home countries.