SC Statement – Conference on SSC in International Tax Matters, 27 November 2023
Opening Remarks by Dr. Carlos Correa, Executive Director of the South Centre, at the “Conference on South-South Cooperation in International Tax Matters: Don’t cede your taxing rights by signing a blank cheque”, co-organized with the Global Alliance for Tax Justice (27 November 2023)
The Conference is taking place at a time of severe challenges to the global economy and, particularly, for the achievement of the Sustainable Development Goals. Rising borrowing costs, tight global financial conditions and high debt burdens are constraining the fiscal space of many developing countries. These conditions make domestic resource mobilization through tax collection more important than ever. The taxation of foreign multinational corporations in the digital economy, in particular the Big Tech firms, has now become imperative both for providing much-needed revenues and for levelling the playing field of domestic companies in our countries.
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This article was tagged: Digital Taxation, Domestic Resource Mobilization, Global Alliance for Tax Justice, Global Tax, Global Taxation, International Tax, International Tax Cooperation, International Tax Reform, International Taxation, South-South Cooperation, Tax Cooperation, Tax Law, Tax Policy, Tax Reform