|14.00 - 15.30
Progress on addressing the tax challenges of the Digitalised Economy
- Ongoing work on the tax challenges arising from digitalisation
Pascal Saint-Amans, Director, Centre for Tax Policy and Administration, OECD
Achim Pross, Head, International Cooperation and Tax Administration Division, Centre for Tax Policy and Administration, OECD
Sophie Chatel, Head of Unit, Tax Treaties, Centre for Tax Policy and Administration, OECD
Discussant: Bénédicte Peyrol, Member of Parliament, France
The evolution and widespread adoption of new technologies, the development of new business models and the changes these have brought to the nature of value creation pose significant challenges for the traditional rules of international taxation, which were designed in a world of tangible assets and physical connections with customers and markets. This is a pressing issue and many Parliaments are considering or have taken action already. But unilateral solutions come with a considerable risk of adverse consequences, lack of coherence and ultimately uncertainty for taxpayers or worse, double taxation. The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting has been working on this issue with the aim of agreeing a long-term, multilateral solution. This session presented the technical solutions that are being explored, and the actions leading to the delivery of a report to the G20 in 2020.
- Value Added Tax (VAT) and digitalisation
Dimitra Koulouri, Advisor, Consumption Taxes Unit, Centre for Tax Policy and Administration, OECD
For governments around the world, Value Added Tax (VAT) has become a major source of revenue. With international trade in goods and services also having rapidly expanded in our increasingly globalised economy, the OECD's International VAT/GST Guidelines present a set of internationally agreed standards and recommended approaches to address the issues that arise from the uncoordinated application of national VAT systems in the context of international trade. In particular, they focus on trade in services and intangibles, which pose increasingly important challenges for the design and operation of VAT systems worldwide. Notably, they include the recommended principles and mechanisms to address the challenges for the collection of VAT on cross-border sales of digital products. This session focused on the very promising early data on impact from the VAT/GST Guidelines’ widespread implementation.
|16.00 - 17.00
Developing principles for Artificial Intelligence (AI) in society
Anne Carblanc, Head of Digital Economy Policy Division, Directorate for Science, Technology and Innovation, OECD
Discussant: Marcelo Wechsler, Member of Parliament, Argentina
AI has pervasive, far-reaching and global implications that are transforming societies, economic sectors and the world of work. It has the potential to improve welfare, contribute to positive sustainable global economic activity, increase innovation and productivity, and help respond to key global challenges, such as climate change, health crises and resource scarcity. At the same time, these transformations may have disparate effects within and between countries, notably economic shifts, transitions in the labour market, deepening inequalities, such as gender, income and skills gaps, and detrimental implications on democracy, fairness, autonomy, data privacy, security… to name several. There is a pressing need for a both stable and adaptive policy environment that promotes a human-centric approach and practical guidance for trustworthy AI, and that applies globally and equally to all relevant stakeholders according to their responsibility, in a context-sensitive manner. This session presented scoping principles on AI developed through an OECD Expert Group which will inform the development of an OECD draft Council Recommendation later this year.
|17.00 - 18.15
Preserving free and fair elections
Marcos Bonturi, Director for Public Governance, OECD
Jüri Adams, Member of Parliament, Estonia
Ron Wyden, Senator, United States (video message)
Challenges to free and fair elections, as well as undue influence during electoral processes, have become more widespread, including in longstanding democracies. This has massive repercussions on citizen inequality and public trust, and a dire impact on electoral processes. Policy levers to restore and guarantee equitable and evidence-informed political decisions, either for voters or representatives include political finance regulations, accountability mechanisms, transparent decision-making by governments and political parties, tackling revolving doors and ensuring an enabling environment for evidence-based investigative journalism, and strengthening the integrity of digital campaigning and of lobbying. This session discussed and identified areas for potential action as countries prepare for future electoral dates.