Скачать или смотреть Tax Cooperation: How to Avoid the Race to the Bottom - Polish House in Davos 2020

High-level debate

Abstract:
The problem of a reliable taxation system is crucial and should be tackled by combined forces of the international community. Collecting taxes is not only one of the basic tasks of every state. When done effectively, it is also a key element of building trust among the state and market actors by providing them with a level playing field. Thus, it fulfills an essential role in increasing competitiveness which is healthy and based on transparent rules.

The European economy cannot fully spread its wings when losing billions of euros per year. Nowadays the tax loss caused by tax havens is ¼ higher than the EU’s current budget. It means that if we eliminate the loss, we can reinforce the EU’s budget and spend the money on the Green New Deal or fighting against climate change. That could also be a solution to a reduced budget after Brexit.

During this debate, the Polish Economic Institute, a governmental think-tank from Poland, will outline the top leakages in European tax systems in PIT, CIT and VAT. Some of them being fraudulent and some connected with aggressive tax optimisation.

Opening address – Beata Daszyńska-Muzyczka, President of Bank Gospodarstwa Krajowego – Polish Development Bank
Video – Overview of the Polish Economic Institute’s report results – Tax unfairness in the European Union – towards greater solidarity in fighting tax evasion
Moderation: Piotr Arak, Director of Polish Economic Institute

Participants:
José Ángel Gurría, OECD Secretary-General
Bruno Le Maire, Minister of Economy and Finance, France
Mateusz Morawiecki, Prime Minister of Poland