Description
Domestic Resource Mobilization (DRM) constitutes a prime means to finance sustainable development. The Addis Ababa Action Agenda highlights specific actions to be taken to enhance DRM capacities, including through improved tax administration, efficient revenue collection, enhanced forms of tax compliance and cooperation as well as by eliminating illicit financial flows. Efforts to strengthen progressivity of fiscal systems, and how tax incentives are set in turn affect many concerns central to the achievement of the SDGs. However, there continues to be a persistent gap between normative dispositions and economic nuances on one hand and multilateral action on the other. The panel will deliver insights from senior policy-makers and key stakeholders on the implications of tax reforms, digitalized and inclusive tax cooperation to combat illicit financial flows.
