Global Digital Tax Reforms: Highlighting potential impacts for mining countries
This report highlights how proposed global tax reforms aimed at the digital sector may affect resource-rich developing nations.
Since 2018, the Organisation for Economic Co-operation and Development (OECD) has led a global initiative to address the tax challenges arising from a digitalized economy. The primary objective of this initiative, under the responsibility of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting, is to ensure that digitalized companies carrying out business in places where they do not have a physical presence pay tax in these jurisdictions. However, the proposals are, in fact, much broader, with potential implications for mining. Resource-rich countries need to ensure that the reforms do not undermine their right to collect revenues from the mining sector.
Participating experts
You might also be interested in
The Future of Resource Taxation: 10 policy ideas to mobilize mining revenues
A handbook for policy-makers that presents a menu of innovative fiscal measures to strengthen revenue collection in the mining sector.
Navigating Global Sustainability Standards in the Mining Sector
This brief examines the latest developments and trends in responsible mining standards and voluntary sustainability initiatives.
Leveraging Digital Infrastructure for Mining Community Resilience
This report explores the socio-economic impacts and potential of new technologies in the mining sector.
IGF Case Study: Decarbonization of the Mining Sector
Case studies from Chile, Indonesia, and South Africa that delve into the role of the mining sector in efforts to reduce greenhouse gas (GHG) emissions.