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ADB Launches Tax Hub to Enhance Domestic Resource Mobilization and International Tax Cooperation


News Release | 3 May 2021
MANILA, PHILIPPINES (3 May 2021)
The Asian Development Bank (ADB) today launched an Asia Pacific Tax Hub to create an open and inclusive platform to promote strategic policy dialogue, improve knowledge sharing, and strengthen coordination on tax policy and administration among ADB, its members, and development partners.
The hub will maximize regional and international resources to strengthen domestic resource mobilization (DRM) and international tax cooperation (ITC) in ADB’s developing member countries (DMCs).
“Domestic resource mobilization has emerged as a major strategic priority for our DMCs at this moment. It will be vital in the effort to address debt sustainability and to achieve the Sustainable Development Goals,” ADB President Masatsugu Asakawa said in a seminar at ADB’s 54th Annual Meeting. “The lack of a pan-regional tax community has been a unique and significant shortcoming for Asia and the Pacific. ....

South Korea , Republic Of Korea , The Philippines , Masatsugu Asakawa , Pascal Saint Amans , International Monetary Fund , Financial Services Taro Aso , International Tax Cooperation , Inclusive Framework On Base Erosion , Prospects Group Ayhan Kose , Revenue Authority Huey Min Chia , Sustainable Development Goals , Global Forum On Transparency , World Bank Group Acting Vice , Organisation For Economic , Steering Committee , Centre For Tax , Tax Administration Diagnostic Assessment Tool , Asian Development Bank , Department Of Finance The Philippines , Fiscal Affairs Department Katherine Baer , Exchange Of Information , Tax Hub , Enhance Domestic Resource Mobilization , International Tax , Asia Pacific Tax Hub ,

OICCI calls for radical steps to check tax evasion


OICCI calls for radical steps to check tax evasion
National
May 3, 2021
ISLAMABAD: The Overseas International Chamber of Commerce and Industries (OICCI) has recommended to the finance teams working on the upcoming budget 2021-22 for seizure of local assets or levy appropriate taxes if any person holds any assets abroad.
The OICCI top office bearers, who held a meeting with Minister for Finance Shaukat Tarin and his economic team and recommended for bringing illicit trade into tax ambit especially tax evaded cigarettes that could fetch Rs 70 billion for the national kitty per annum, revising Afghan Transit Trade Agreement (ATTA) and registering all income earners into the tax net. ....

Shaukat Tarin , Exchange Of Information , International Chamber , Global Forum On Transparency , Investors Chamber , Overseas International Chamber , Finance Shaukat Tarin , Afghan Transit Trade Agreement , Overseas Investors Chamber , Tax Purposes , Advance Tax , Green Leaf Threshing Process , Afghanistan Government , Custom Act , Artificial Intelligence , Amnesty Schemes , ஷௌுகத் தாரின் , பரிமாற்றம் ஆஃப் தகவல் , சர்வதேச அறை , உலகளாவிய மன்றம் ஆன் வெளிப்படைத்தன்மை , முதலீட்டாளர்கள் அறை , ஓவர்‌ஸீஸ் சர்வதேச அறை , ஓவர்‌ஸீஸ் முதலீட்டாளர்கள் அறை , வரி நோக்கங்களுக்காக , தனிப்பயன் நாடகம் , செயற்கை உளவுத்துறை ,

OICCI calls for radical steps to check tax evasion


OICCI calls for radical steps to check tax evasion
National
May 2, 2021
ISLAMABAD: The Overseas International Chamber of Commerce and Industries (OICCI) has recommended to the finance teams working on the upcoming budget 2021-22 for seizure of local assets or levy appropriate taxes if any person holds any assets abroad.
The OICCI top office bearers, who held a meeting with Minister for Finance Shaukat Tarin and his economic team and recommended for bringing illicit trade into tax ambit especially tax evaded cigarettes that could fetch Rs 70 billion for the national kitty per annum, revising Afghan Transit Trade Agreement (ATTA) and registering all income earners into the tax net. “Appropriate laws should be drafted to enable the government to seize local assets, in equivalent value, or levy appropriate taxes, if any person holds any assets outside the country without justified source of income,” the OICCI recommended to the government. The Overseas Investors ....

Shaukat Tarin , Exchange Of Information , International Chamber , Global Forum On Transparency , Investors Chamber , Overseas International Chamber , Finance Shaukat Tarin , Afghan Transit Trade Agreement , Overseas Investors Chamber , Tax Purposes , Advance Tax , Green Leaf Threshing Process , Afghanistan Government , Custom Act , Artificial Intelligence , Amnesty Schemes , ஷௌுகத் தாரின் , பரிமாற்றம் ஆஃப் தகவல் , சர்வதேச அறை , உலகளாவிய மன்றம் ஆன் வெளிப்படைத்தன்மை , முதலீட்டாளர்கள் அறை , ஓவர்‌ஸீஸ் சர்வதேச அறை , ஓவர்‌ஸீஸ் முதலீட்டாளர்கள் அறை , வரி நோக்கங்களுக்காக , தனிப்பயன் நாடகம் , செயற்கை உளவுத்துறை ,

Tax transparency: lessons from Uganda's transformative journey


To fight against tax evasion, Uganda joined the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) in 2012. In doing so, Uganda included exchange of information as a key component of its domestic resource mobilisation strategy to improve compliance of both multinational enterprises (MNEs) and individuals, including ones with high-net-worth.
In 2016, Uganda also became a party to the Convention on Mutual Administrative Assistance in Tax Matters, the most powerful multilateral instrument for tax co-operation, with over 140 participating jurisdictions.
Partnerships also played a significant role. By partnering with the Global Forum, the African Tax Administration Forum (ATAF), the OECD, and the World Bank Group (WBG), Uganda was able to accelerate its transformation. These partnerships supported much-needed reforms, and helped develop technical capacities through skills and knowledge transfer. ....

World Bank Group , Tax Purposes Global Forum , African Union Commission , African Tax Administration Forum , Exchange Of Information , Global Forum , Sustainable Development Goals , African Union , Global Forum On Transparency , Tax Purposes , Mutual Administrative Assistance , Tax Matters , Tax Inspectors Without Borders , உலகம் வங்கி குழு , வரி நோக்கங்களுக்காக உலகளாவிய மன்றம் , பரிமாற்றம் ஆஃப் தகவல் , உலகளாவிய மன்றம் , நிலையான வளர்ச்சி இலக்குகள் , உலகளாவிய மன்றம் ஆன் வெளிப்படைத்தன்மை , வரி நோக்கங்களுக்காக , வரி விஷயங்கள் , வரி ஆய்வாளர்கள் இல்லாமல் எல்லைகள் ,

21st Century Multilateralism: the OECD in a G20 World


Développement
 
24 March 2011, Washington D.C. 
Dear Nancy, Ladies and Gentlemen,
It is my great pleasure to be here, at the Centre for Global Development, together with my dear friend and colleague Nancy Birdsall. Being a member of the Board of the CGD is a badge of honor I wear with great pride.
Nancy is not only a friend and one of my heroes, she is also a regular of the OECD, where she visited only last year to give a fascinating presentation on the Cash on Delivery Aid approach developed by the Centre.
Allow me to focus on a critical issue for our Organisation: its role in the new international architecture. This is also a great opportunity to discuss some of our perspectives on the new architecture of global governance more generally. ....

Soult Ukpyolsi , South Korea , United States , South Africa , Angel Gurr , Nancy Birdsall , Guidelines For Multinational Enterprises , Information Exchange For Tax Purposes , Millennium Development Goal , Centre For Global Development , Global Forum On Transparency , Seoul Consensus For Development , International Financial Institution , Global Development , Delivery Aid , Pittsburgh Summit , Seoul Consensus , Jobs Strategy , Euro Zone , Multinational Enterprises , Global Forum , Information Exchange , Tax Purposes , Anti Bribery Convention , D Eacute Veloppement , Ide Publique Aud Eacute Veloppement Apd ,