On 27th January, 2022, the Committee of Fiscal Studies (CFS) of the University of Nairobi and OXFAM Pan-Africa hosted a hybrid workshop titled: “Taxation of the Digital Economy: An African Perspective”.
The workshop brought together academics, advocacy groups, and tax administrations to develop an African response to the UN FACTI Panel Report 2020 and Recommendations on the Taxation of the Digital Economy, as well as the OECD/G20 Inclusive Framework (IF) on Base Erosion and Profit Shifting (BEPS) Statement on Pillar 1 and Pillar 2 to address the tax challenges of the digital economy.
The workshop was yet another opportunity for WATAF as a block to present her stand on the IF statement of 8th October, 2021 with an aim to consider the way forward for African countries that will ensure fairer reallocation of Multinational Enterprises’ (MNEs’) profits to the market jurisdictions.
The key takeaway from the workshop was the need for greater cooperation and collaboration within the continent in order to better articulate policy interests of members.
The workshop will result in the creation of a working paper that will be published in the Journal on Financing for Development, Issue 4 (2022).
WATAF is committed to collaborating with organisations like CFS to ensure that African interests are considered in the development of pillar 1 and Pillar 2 rules, as well as all international tax policy issues.