This Toolkit aims to assist tax authorities in the Latin America and Caribbean (LAC) region with the design and implementation of policy reform to ensure the effective collection of VAT on e-commerce activities.
Uganda has significantly strengthened its tax transparency and tax capacity in just a few years to mobilize more domestic resources to finance sustainable development. Moreover, the country has taken significant steps to tackle illicit financial flows.
The international framework for the taxation of multinational enterprises (MNEs) is under severe pressure. This article discusses the sources of this pressure and initiatives at the global level to maintain an international consensus, focusing specifically on how the digital economy creates significant challenges to existing international norms and how those norms might be expected to evolve.
Digital technology allows businesses to operate in a country without a physical presence, which poses challenges for traditional taxation. Tax Theory Applied to the Digital Economy analyzes the tax-disruptive aspects of digital business models and reviews current tax initiatives in light of traditional tax theory principles.
This podcast showcases the Director of the Tax Administration of Colombia discussing the recent use of the Tax Administration Diagnostic Tool (TADAT) assessment in the country’s tax system, in which our team participated.
Amid the COVID-19 pandemic, changes that might ordinarily take a few years are now occurring in the span of just a few months. The uptake of e-commerce and the adoption of video-conferencing, for example, have increased rapidly. This distinctive feature of crises—that they can accelerate otherwise slow-moving trends—can be harnessed by those seeking to create positive change, providing a rare upside in bleak and challenging times. One area where this can be applied is taxation. Read on to find out more about taxation's role.
The COVID-19 pandemic is expected to cause far-reaching damage to economies around the world. Firms are suffering from reduced demand due to movement restrictions, from reduced labor supply and from constraints to sourcing material inputs. Governments are intent on designing emergency policies to keep businesses afloat; yet, limited availability of firm censuses and survey data in many lower-income countries hampers policy makers’ ability to simulate economic scenarios and the effect of policy measures. Read on to find out how policy makers can use firm-level administrative tax records to simulate the effects of the COVID-19 shock.
Climate-smart fiscal-policy measures would help set countries on a sustained and sustainable growth path. Doing so will go a long way to facilitating a more prosperous, cleaner, and equitable post-COVID world. Read on to find out how countries can avoid another "lost decade" in their fiscal policy development.
The World Bank Group’s Global Tax Team, has published a comparative study on transfer pricing decisions, “A Review of Transfer Pricing Case Law: A Comparative Study of Court Decisions on Transfer Pricing”.
Many developing countries have struggled with realizing sufficient revenues from property tax. However, as developing countries experience economic growth, they are also seeing property values rising, providing a bigger tax base from which to realize revenues. Read on to find out why governments are considering introducing or enhancing property tax revenue collection to diversify their tax and fiscal revenues.
Effective tax collection depends significantly on trust, as the government of Kaduna State, Nigeria, learned in its recent efforts to boost voluntary tax compliance.