The transformative changes taking place in the global system of international taxation will affect the ability of countries to attract investment for sustainable development. In particular, the imminent introduction of a global minimum tax for large multinationals will have major implications for investment policies and typical investment promotion instruments such as fiscal incentives and special economic zones.
This high-level event will discuss the implications of the international tax reforms for investment policy, with a particular focus on developing countries. The event will bring together senior policymakers and global experts from both the investment and the tax policy domains, to advance constructive dialogue between the two communities for the benefit of sustainable development. The main objective is to identify options to optimize countries’ investment policy response to the tax reforms and to alleviate the constraints that may place developing countries, and especially LDCs, at a disadvantage in this challenging transition.
- What will be the impact of the tax reforms on tax incentives to attract foreign investment? How do you expect countries to change their fiscal toolkit to attract FDI?
- What will be the impact of the tax reform on global FDI, in terms of overall volume and distribution? From an international capital flow perspective, what are the main opportunities and challenges (and how to maximize the former and mitigate the latter)?
- How will MNEs react to limitations in the use of tax incentives in terms of their foreign investment decision? What are the main concerns related to global tax reforms of MNEs operating in UAE and broader gulf region?
- What will be the impact of the tax reforms on sustainable development financing for different countries and regions, both in terms of domestic revenue mobilization and in terms of financing through FDI?