TAXING MULTINATIONALS IN A GLOBALISED WORLD

TAXING MULTINATIONALS IN A GLOBALISED WORLD

In a globalized world where capital is mobile across boundaries and where multinational firms play an increasing role in trade and investment, the design of “competitive” tax policy (instruments, structure and rates) faces the additional challenge of countering the sophisticated and aggressive tax planning strategies of firms. This session will discuss current issues and possible alternatives for taxing multinationals in a globalized world. Further, different scenarios to find mutually agreeable approaches will be discussed. . Finally, the session will elaborate on what the World Bank is doing in the area of international taxation in developing countries, in order to protect their tax base as well as shield national businesses from unfair competition as a result of tax avoidance by multi-national companies.

Moderator:

Vanessa Houlder

Panelist:

Rita de la Feria

Bill Parks

Dereje Alemayehu

El Hadji Ibrahima DIOP