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.
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.
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