Weekly Round-Up

Taxation of the Digital Economy - PwC Blog Post


Will Morris, PwC's Deputy Global Tax Policy Leader, wrote a recent blog post for PwC discussing how every industry will be affected by technology and the major proposals for taxing the digital economy.

The full article, entitled, "Why should you care about digital taxation?," can be viewed here.

OECD Calls for Comments on the "Guiding Principles for Durable Extractive Contracts"


The Organisation for Economic Co-operation and Development (OECD) has invited public consultation (until 30 March) on the advanced draft of the "Guiding Principles for Durable Extractive Contracts," an integral part of the Policy Dialogue on Natural-Resource Based Development). [More Information]

MENA Regional Customs Meet in Cairo


At the invitation of Mr. Ahmed Alkhalifa, President of Bahrain Customs, the World Customs Organization (WCO) recently held the 47th Regional Meeting of Directors General of Customs in Cairo, where "Secretary General Kunio Mikuriya presented the current key priorities of the WCO, concentrating on trade facilitation; e-commerce; security; illicit financial flows; Customs-Tax cooperation; and performance measurement." [Continue reading]

IMF Staff Concludes Mission to Kyrgyzstan


In late January, the International Monetary Fund (IMF) sent a team to Bishkek, Kyrgyzstan to "take stock of the latest economic and policy developments."

While reporting on the mission, the team's leader, Edward Gemayel, noted that "The 2017 fiscal deficit was kept close to the 3.5 percent of GDP target, despite a significant fiscal expansion in the run-up to the October presidential elections and weak tax revenue collection. The economic recovery and efforts to tighten expenditures after the elections helped limit the deficit."[Continue reading]

ITIC Endorsed Event: 2018 TCPI Symposium


Over the years, ITIC has cooperated with the Tax Council Policy Institute (TCPI), a Washington, DC association of top corporate tax officers. The Tax Council organizes high-quality events that bring together excellent speakers addressing the most relevant current and future taxation issues.  

Registration is now open for the 19th annual Tax Policy & Practice Symposium, Disruption and opportunity in the era of global tax transformation, which will be held on 15-16 February 2018 in Washington, DC.

For quick reference, the conference brochure can be viewed here.