by Maria José Romero
A four-day workshop in Buenos Aires, Argentina, last week highlighted serious challenges faced by developing countries trying to mobilise their own resources for development. The event, organised by Latindadd, gathered more than forty delegates, from Latin American civil society organisations, the US, Europe and Africa to academics and regional tax administrators to discuss how transfer pricing mechanisms and double taxation agreements undermine the possibility for developing countries to collect taxes in an equitable manner. The event was also an opportunity to expose specific examples of the negative impact that illicit financial flows have on developing countries and to evaluate concrete policy proposals.
Trade mispricing and illicit flows
Christian Aid estimates ...