G20 Development Working Group Submissions slide image

G20 Development Working Group Submissions

61. "Survey and disseminate all G20 and IOs' actions on supporting tax systems in developing countries” (2010 MYAP). Mapping studies regarding cooperation on capacity building in taxation have been undertaken by the International Tax Compact (ITC) and the UN Committee of Experts (in a report on capacity building prepared by IMF staff). Off-track: Not all G20 and IO actions have been surveyed and disseminated. 62. "Set up objective measures to track progress in the capacity improvement of LICs' tax administration systems" (2010 MYAP). 63. "Identify ways to help developing countries tax multinational enterprises (MNEs) fairly through effective transfer pricing" (2010 MYAP). March 2012: IOs, regional organizations and regional development banks embark on a process to share diagnostic, benchmarking and surveying instruments and discuss implementation plans. The IMF leads the development of a Tax Administration Diagnostic Assessment Tool in cooperation and consultation with IOs, including the World Bank and regional organizations of tax administrations. May 8: The IMF hosts a follow-up event with ITD partners where a stocktaking of results from each organization is discussed. Enhancing coordination in undertaking these exercises is also addressed, with bilateral discussions held. The IMF, European Commission, OECD Task Force on Tax and Development (which includes a large number of non-OECD members, business and civil society as members) and the World Bank are delivering ongoing support for developing countries in the transfer pricing field. In addition pilot projects dealing with transfer pricing capacity development have been undertaken in 5 countries: Colombia, Ghana, Kenya, Rwanda and Vietnam. T: June 2011 Off-track: Implementation has been achieved, although it has been delayed. Continued monitoring is advisable. T: June 2011 Off-track: Further effort is required to extend assistance to developing countries beyond the 5 pilot countries, more so, in the light of focus on Base Erosion and Profit Shifting. T: June 2011 Action 2. Support Work to Prevent Erosion of Domestic Tax Revenues 64. "Support work to prevent erosion of domestic tax revenues by asking the Global Forum to enhance its work to counter the erosion of developing countries' http://www.itdweb.org/Pages/Home.aspx The Global Forum currently boasts 120 member countries, of which 65 are developing countries. The future growth in its membership will increasingly come from developing countries. February 2012: the Global Forum On-track: It is being implemented as planned, but further efforts 65
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