Description
"Many countries in Africa, Asia, and Latin America are blessed with a rich natural heritage, but they continue to struggle to translate this into tangible benefits for their citizens. So how can resource-rich countries leverage fiscal policies to achieve their economic, social, and environmental goals in a balanced way? This question was at the heart of discussions at the three-day Global Conference on the Future of Resource Taxation, as well as of an accompanying Handbook, The Future of Resource Taxation: 10 Policy Ideas to Mobilize Mining Revenue.A frequently quoted statistic at the conference was the loss of up to USD 730 million annually in corporate income tax in Sub-Saharan Africa, which is due to profit shifting and other tax avoidance strategies in the mining sector. There was broad consensus that mineral-rich countries share many challenges, but also opportunities for strengthening collaboration, although there are no silver bullets." From Summary Report, https://enb.iisd.org/future-resource-taxation-summary. Role: Panel Chair, Session "Financial Benefit Sharing in the Energy Transition: Business as Usual or Time for a Change?", 26 June 2023.
| Period | 26 Jun 2023 → 28 Jun 2023 |
|---|---|
| Event type | Conference |
| Location | Lusaka, ZambiaShow on map |
| Degree of Recognition | International |