GLOBAL & PUBLIC FINANCE
"All ASEAN Member States need to collaborate with one another to establish effective enforcement mechanisms and take collective action to prevent harmful tax practices in the form of corporate tax incentives, in pursuit of a common goal of building sustainability and resilience across the ASEAN region."
Tax incentives have been widely used on the justification that they attract investments. Yet there is mounting evidence that they are largely ineffective. So why are they still so popular among politicians and policymakers?
Policy recommendations for G77 countries on the occasion of the virtual consultation between UN Member States and the FACTI Panel
In advance of the virtual consultation between UN Member States and the High-Level Panel on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (hereafter, FACTI Panel).