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Accountancy Europe: Future-proofing tax to make it green, digital and fair
This article reports on our webinar Future-proofing tax: make it green, digital, fair, where we discussed the future of taxation with high-level panellists.
It also marked the launch of our sustainable tax project series and call for contributions on the topics, with forewords by Benjamin Angel, Director, DG TAXUD, European Commission, and Paul Tang, S&D/Netherlands, MEP & Chair of FISC Committee. The aim is to promote a dialogue between policy-makers, civil society and business for holistic solutions.
The article was originally published on ICAEW – Insights.
How can tax systems help solve the climate emergency? Is it possible to tax digitalised businesses? And what tax challenges and solutions do ageing populations pose?
These complex, multifaceted questions and more were discussed in Accountancy Europe’s Future-proofing tax: make it green, digital, fair last week, which gathered speakers from around the tax world to discuss how to make taxation green, digital and fair.
Tax is the problem and the solution
Chiara Putaturo, EU Inequality and Tax Policy Advisor at Oxfam opened the panel section of the webinar by stating that a sustainable tax system allows recovery from the current crisis while taking into account the two challenges that are the most relevant for our time: inequality and climate change.
Tax systems are from a business perspective
Another speaker of the panel, Maria Volanen, Head of Taxation Policy, Technology Industries of Finland, covered what sustainable tax systems are from a business perspective.
What role does tax expenditure play?
The next speaker, Agustin Redonda, Council on Economic Policies, based his presentation around the role that tax expenditure plays in tax systems and sustainability. Redonda laid out a three-step approach to reforming tax expenditure systems which he thinks is vital to mitigate budget constraints and better align tax systems with a broad sustainability agenda.
Read the full article here.
Accountancy Europe invites thought leaders in taxation to share their views on the changes necessary to make tax systems fit for the future.
Calls for contributions will be made on a thematic basis – the first topic to address is taxes and the environment. We invite experts in this field to submit their contributions by 30 June 2021 to [email protected] to help drive forward the policy debate in this area.