Domestic tax revenues are an essential source of financing or development. However, compared to other key development financing topics such as trade, aid, and debt, taxation has only received limited attention so far. The new SOMO paper 'Taxation and Financing for Development' provides an overview of recent developments regarding taxation and development.
Domestic tax revenues are an essential source of financing or development. However, compared to other key development financing topics such as trade, aid, and debt, taxation has only received limited attention so far. The new SOMO paper 'Taxation and Financing for Development' provides an overview of recent developments regarding taxation and development and describes some of the main problems that undermine direct tax revenues in developing countries, with a focus on tax evasion and aggressive tax avoidance by multinational corporations.
