How to Reform the Global Tax System | University of Oxford

How to Reform the Global Tax System

Alex Cobham, Professor Michael Devereux, Professor Valpy Fitzgerald
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Blavatnik School of Government
Radcliffe Observatory Quarter
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Seminar Room 3

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Lectures and seminars
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Disabled access?
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The global tax system is broken and developing countries are paying dearly as a result. The International Monetary Fund estimates that developing countries lose an estimated $213bn a year, close to 2 per cent of their GDP, because of cross-border tax planning by multi-national enterprises. Across the board, tax evasion deprives governments of needed revenue to finance public services and development priorities.

In October 2015, the OECD and G20 launched a new initiative to address international tax avoidance. Will it work?

An expert panel will discuss the following:
• Why is the global economy so vulnerable to corporate tax evasion?
• What is being done to address international tax avoidance?
• What are the strengths and limitations of existing and emerging national, regional and global initiatives?
• What efforts are developing country governments making to reform their tax collection and generation systems?
• What more needs to be done, and whose responsibility is it?