Global Digital Tax Reforms and Mining: The issue of timing differences

This report examines how the OECD-led global digital tax reforms could lead to lost mining investment and revenue in developing countries if issues related to timing differences are not addressed.

By Alexandra Readhead, Thomas Lassourd, Lee Corrick on April 6, 2021

This report follows a broader IGF briefing note on the implications for the mining sector of the latest blueprints on global digital tax reforms published by the Organisation for Economic Co-operation and Development (OECD). This report digs deeper into the important issue of timing differences arising under the OECD-led reforms. It examines the impact it may have on investment in the mining sector—particularly in resource-rich developing countries—and identifies possible policy solutions. If left unresolved, timing differences could lead to lost investment and revenue from the mining sector in resource-rich countries, especially in the developing world.

This report was co-authored by the African Tax Administration Forum and the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development.