Conference: Tax Justice to Promote Social Justice
Taxation plays an important role for the mobilization of (public) domestic revenues and will probably become one of the hot topics at the United Nation’s Financing for Development Conference in Addis Ababa in July 2015. Taxes play an important role not only in providing collective public goods. Tax systems can also enhance democratic governance by making governments more accountable to their tax-paying citizens. Tax policies can be designed to curb inequalities as well, but need to be complemented by redistributive budget policies.
But despite the importance of tax for financing development and redistributing wealth, many countries are not able to increase their tax revenues. The reasons can be found on the domestic level (tax administrations’ capacity problems, numerous tax incentives and exemptions etc) but also on the international level: An outdated international tax architecture, that is based on bilateral tax agreements and is unsuitable for the globalized economy of the 21st century, as well as an international system of tax havens and secrecy jurisdictions, enhance tax avoidance and evasion.
Especially international corporations profit from declining corporate tax rates and tax incentives, exploiting existing loopholes in and between national legislations. Initiatives from the G20 and the OECD are currently developed to address these problems. But criticism is voiced that these reforms will not go deep enough, leaving untouched the root causes of rising illicit flows, tax evasion and avoidance.
- Taxing Corporations – Fair Share versus Race to the Bottom Approaches
- Let There be Light! A Case for Transparency
- Tax and Budget Policies to End Inequality
- Wrap up - The Way to Addis: Taxes as a Key Source for Domestic Revenue and Sustainable Development
When? Tuesday, February 24, 2015
9.00 - 18.00
Where? University of Vienna