IBFD to Participate at 8th UNCTAD World Investment Forum
This high-level event will discuss the implications of international tax reforms for investment policy, with a particular focus on developing countries.
On 19 October 2023, Ms Belema Obuoforibo, Member of IBFD’s Executive Board and Chair of the IBFD Centre for Studies in African Taxation, will deliver a presentation at the 8th UNCTAD World Investment Forum taking place in Abu Dhabi. Ms Obuoforibo will discuss the impact that the proposed global tax reforms could have on tax incentives and how countries may change their fiscal toolkit to continue to attract FDI.
The evolving global system of international taxation is poised to have a profound impact on countries’ abilities to attract sustainable investments. The primary goal of the UNCTAD World Investment Forum is to identify strategies for optimizing countries’ investment policies in response to these reforms, thereby alleviating potential challenges, particularly for developing nations and least developed countries (LDCs).
Esteemed policymakers and global experts from both investment and tax policy spheres will gather to foster constructive dialogue in a number of sessions. The session themes include discussions on the status of tax reforms, their impact on investment landscapes, how countries can compete for investments, the consequences for sustainable development financing and how multinational enterprises (MNEs) will adapt to limitations in tax incentives.
It’s a pivotal conversation for the future of global investment and development.