Azeri Minister of Taxes Outlines New Challenges

AzerbaijanIn a recent article for the Intra-European Organisation of Tax Administrations (IOTA), Azeri Minister of Taxes Fazil Mammadov analyzed the new challenges faced by Azerbaijan’s Tax Service due to sluggish global growth and its negative impact on resource economies. He depicted Azerbaijan’s response in terms of developing a sustainable national economy.

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2017 Index of Economic Freedom

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Source: 2017 Index of Economic Freedom, Interactive Heat Map (The Heritage Foundation) 

On 15 February, the Heritage Foundation published its annual report entitled, 2017 Index of Economic Freedom, comparing the performance of 186 economies. One key factor influencing the conclusions and rankings is the Tax Burden parameter of the Government Size performance measurement criterion. Continue reading “2017 Index of Economic Freedom”

Uzbekistan Reform Agenda

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Investors are showing a renewed interest in the post-Karimov reform agenda in Uzbekistan, the guidelines for which have been detailed by President Mirziyoyev in several recent decrees and the implementing instructions of 14 February 2017. His decree of 7 February “on the Action Strategy for the Further Development of the Republic of Uzbekistan 2017-2021” and the related documents may be accessed here. Continue reading “Uzbekistan Reform Agenda”

ITIC Participates as Observer in IOTA General Assembly

ITIC Senior Advisor Douglas Townsend participated as an Observer in the 20th General Assembly of the Intra-European Organization of Tax Administrations (IOTA) held on 7-8 July 2016 in Bucharest, under the Presidency of the Romanian National Agency for Fiscal Administration. Heads of tax administrations from 46 countries and representatives of 11 international organizations attended, along with representatives from the IMF and OECD, among others.

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Experts Convene at ITIC’s Eurasia Tax Forum

Washington, DC – Fiscal officials from across 10 Eurasian countries met this week with leading academic specialists and private-sector representatives in The Hague, The Netherlands, for the 12th annual “Eurasia Tax Forum” hosted by the International Tax and Investment Center (www.iticnet.org).

The conference focused on a number of economic and tax issues, including Eurasian growth and the “China factor,” fiscal consolidation in a low oil price environment, key tax issues in the Eurasian Economic Union, and how Eurasian countries are adapting to new guidelines related to Base Erosion and Profit Shifting (BEPS).

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