Partner Organizations




Development Partners






Introduction
Members of the OECD’s Inclusive Framework have set out an ambitious plan to reach consensus by 2020 on how the digital economy—and by extension, other cross-border income—should be taxed. This session builds upon the recent IMF paper Corporate Taxation in the Global Economy discussed during the 2019 Spring Meetings. It takes account of international developments since then and explores developing countries’ options for promoting a fairer international system as discussed in the new forthcoming World Bank paper “International Tax Reform, Digitalization, and Developing Economies.” The session will open with a perspective on:
- Formulaic approaches to taxing corporate profits
- Appropriately targeting low-taxed profits
- Stronger guidance on withholding tax
- More effective access to information
Panel Discussion
Chair and Moderator
Panelists
The OECD will provide an update and an opportunity to discuss recent developements of the Inclusive Framework on Base Erosion and Profit Shifting, including the implementation of BEPS Actions and progress with a consensus solution for addressing the tax challenges arising from digitalization in 2020.
Chair and Moderator
Speaker
Introduction
Data analytics has the potential to improve risk management, detect irregularities, and promote integrity. Considering the widespread use of data analytics in taxation, this session will close with a presentation of different cases that involve experiences with using advanced technology, followed by a panel discussion on these technologies’ fit for purpose in a developing country context. The panel will explore key questions such as:
- Is there a high return-on-investment on data analytics, including in developing countries?
- What are the pre-conditions for governments to make effective use of data analytics?
- Do we have robust responses to known risks such as algorithm bias and AI security?
- What are the legal and political challenges to using AI and how do we address them?
Panel Discussion
Chair and Moderator
Panelists
Ms. Ceyla Pazarbasioglu
Vice President for Equitable Growth, Finance and Institutions, World Bank Group