Coalition for Dialogue on Africa – South Centre Dialogue Series on IFFs
This dialogue is a follow up to and responds to the main call of the 1st African Fiscal Policy Forum (AFPF I), namely the need to provide the Member States of the African Union (AU) and the South Centre with an assessment of the revenue gains from the OECD and UN digital tax solutions.
It is expected that by July 2022, the Multilateral Convention (MLC) that will give effect to the OECD’s solution, Pillar One, will be presented to developing countries for signature. If they agree, they will have to forego all other unilateral measures and restrict their taxing rights to the Pillar One framework. Thus, it is vital that such an important and historic decision be fully informed, especially regarding the alternatives available. The data on revenue impacts is an integral part of such a decision-making process, as policymakers will be able to see which solution will give their countries more revenues.
Further, the Pillar One agreement will have to be ratified in national legislatures. Hence, the support of the larger polity is required. The data showing the impact of the revenue of the countries will enable decisions makers to determine whether such a decision is genuinely in the national interest, and whether alternatives are more suitable instead.
Participants will include high-level officials from ministries of finance, tax administrations, financial intelligence authorities, African central banks and other relevant organisations working on IFFs; experts; African regional organizations including the Regional Economic Communities (RECs); representatives of the private sector, and civil society actors.
Webinar ID: 856 4641 8734
Webinar Passcode: 659191