<div dir="ltr"><div class="gmail_default" style="font-size:large"><br></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">---------- Forwarded message ---------<br>From: <b class="gmail_sendername" dir="auto">South Centre</b> <span dir="auto"><<a href="mailto:south@southcentre.int">south@southcentre.int</a>></span><br></div><br><div class="msg2854948892473646708"><u></u>
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<b><i>Announcing a New Tax Cooperation Policy Brief from the South Centre</i></b><br>
<span style="color:#000000"><span style="font-size:25px"> </span></span></h3>
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Policy Options for Developing Countries</b></span></h1>
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<span style="color:#000000"><span style="font-size:14px">The South Centre is pleased to announce the publication of <b>Tax Cooperation Policy Brief No. 27</b> <b>“Taxing Big Tech: Policy Options for Developing Countries</b><b>” </b>by <b>Abdul Muheet Chowdhary and Sébastien Babou Diasso </b>of the South Centre Tax Initiative.</span></span><br>
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<span style="color:#000000"><span style="font-size:14px">Even as the COVID-19 crisis wreaked havoc on the global economy, it gave rise to a small set of winners, namely Big Tech. The increasing prevalence of remote work and an acceleration of the digitalization of the economy allowed Big Tech companies to raise enormous revenues during the pandemic, which in some cases dwarfed the gross domestic product (GDP) of several countries. This policy brief explores the rising untaxed profits of Big Tech in particular, and the digitalized economy in general, and explains why the existing rules are insufficient. It also critically examines the solution that has been devised by the Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization of developed countries. Finally, it outlines alternative policy options that are more suitable for developing countries to tax the profits of Big Tech.<br>
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<i>Si la crise liée à la pandémie de COVID-19 a été dévastatrice pour l’économie mondiale, elle a aussi profité à certains, au premier rang desquels figurent les grandes entreprises de technologie. Le recours croissant au travail à distance et l’accélération de la numérisation de l’économie ont permis à ces entreprises d’engranger des revenus considérables pendant la pandémie, parfois bien supérieurs au produit intérieur brut (PIB) de certains pays. Ce document d’orientation examine les conséquences de la hausse des bénéfices non imposés des grandes entreprises de technologie en particulier, et de l’économie du numérique en général, et explique pourquoi les règles actuellement en vigueur sont insuffisantes pour y faire face. Il présente également une analyse critique de la solution élaborée par l’Organisation de coopération et de développement économiques (OCDE), une organisation intergouvernementale de pays développés. Enfin, il passe en revue divers mécanismes plus adaptés aux pays en développement en ce qui concerne la taxation des bénéfices de ces entreprises.</i><br>
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<i>A pesar de que la crisis de COVID-19 causó estragos en la economía mundial, dio lugar a un pequeño grupo de ganadores, conocidos como Big Tech. El creciente predominio del trabajo remoto y la aceleración de la digitalización de la economía permitieron que las grandes empresas tecnológicas tuvieran enormes ingresos durante la pandemia, que en algunos casos superaron el producto interno bruto (PIB) de varios países. Este informe de políticas explora el aumento de las ganancias libres de impuestos, específicamente de las Big Tech y de la economía digitalizada en general, y explica por qué las reglas existentes son insuficientes. También analiza críticamente la solución creada por la Organización para la Cooperación y el Desarrollo Económicos (OCDE), una organización intergubernamental de países desarrollados. Finalmente, describe opciones de políticas alternativas que son más adecuadas para que los países en desarrollo graven las ganancias de las Big Tech.</i></span></span><br>
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<span style="font-size:14px">To access the policy brief directly, go to this webpage: <a href="https://southcentre.us5.list-manage.com/track/click?u=fa9cf38799136b5660f367ba6&id=0bb757096a&e=4fac633f11" style="word-wrap:break-word;color:#6dc6dd;font-weight:normal;text-decoration:underline" target="_blank">https://www.southcentre.int/tax-cooperation-policy-brief-27-21-december-2022/</a></span><br>
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<span style="color:#000000"><span style="font-size:14px">To access the South Centre website, where you can also find other policy briefs, publications and news items, go to:</span></span><span style="color:#333333"> </span><span style="font-size:14px"><a href="https://southcentre.us5.list-manage.com/track/click?u=fa9cf38799136b5660f367ba6&id=a2a2240bbb&e=4fac633f11" style="word-wrap:break-word;color:#6dc6dd;font-weight:normal;text-decoration:underline" target="_blank">http://www.southcentre.int</a><span style="color:#333333">.</span></span><br>
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