{"id":6604,"date":"2022-08-11T18:00:20","date_gmt":"2022-08-11T18:00:20","guid":{"rendered":"https:\/\/globaltaxjustice.org\/?post_type=event&#038;p=6604"},"modified":"2022-08-11T18:00:20","modified_gmt":"2022-08-11T18:00:20","slug":"tackling-illicit-financial-flows-time-to-drop-false-solutions-and-embrace-real-change","status":"publish","type":"event","link":"https:\/\/globaltaxjustice.org\/es\/eventos\/tackling-illicit-financial-flows-time-to-drop-false-solutions-and-embrace-real-change\/","title":{"rendered":"Tackling Illicit Financial Flows: Time to drop false solutions and embrace real change"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Illicit financial flows (IFF), with legalized tax avoidance as its major component, is the fundamental constraint to be addressed to ensure the fiscal space that is necessary to advance the 2030 Agenda. Major public scandals brought to light by the many recent leaks, the Panama Papers and Paradise Papers, exposed how many wealthy individuals and multinational companies are involved in illicit flows, and how a number of countries, including some major economies, are providing systemically institutionalized facilitation of IFF.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No adequate measures are being undertaken in practical ways to combat IFF. On the contrary, whereas the global agreement reached in the SDG process clearly covers tax avoidance by multinational companies, efforts seem underway to redefine IFF to exclude tax avoidance from issues and measures to address IFF.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also on the point of tax cooperation, international agreements have not been followed up on. The Addis Ababa Action Agenda is unequivocal in its \u201cstress that efforts in international tax cooperation should be universal in approach and scope and should fully take into account the different needs and capacities of all countries\u201d. Despite this, there is still no consensus on establishing an intergovernmental tax commission under the auspices of the United Nations.<\/span><\/p>\n<p><a href=\"https:\/\/twitter.com\/GA4TJ?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E987324509580652544%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.globaltaxjustice.org%2Fen%2Fevents%2Ftackling-illicit-financial-flows-time-drop-false-solutions-and-embrace-real-change\"><span style=\"font-weight: 400;\">https:\/\/twitter.com\/GA4TJ?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E987324509580652544%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.globaltaxjustice.org%2Fen%2Fevents%2Ftackling-illicit-financial-flows-time-drop-false-solutions-and-embrace-real-change<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n\n<p><b>This side-event aims to:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Explore policy measures which will narrow the implicit and explicit differences in definition and measurement of IFFs which undermine efforts to curtail IFF;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Share experiences of how the national and continental level efforts in the Global South to enhance DRM are being impacted by IFF and discuss the main obstacles to progress, with emphasis on the role of secrecy jurisdictions and tax havens;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Problematize recent international initiatives and the dominance of certain institutions, and map out concrete pathways for the establishment UN inter-governmental tax commission.<\/span><\/li>\n<\/ul>\n<p><b>Speakers<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mr. Sameh Elkhishin\u200b,\u200b First Secretary\u200b, Permanent Mission of\u00a0<\/span><b>Egypt\u00a0<\/b><span style=\"font-weight: 400;\">(chair of the G77) to the UN\u200b<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Arvinn Gadgil, Senior advisor to the Ministry of Foreign Affairs,\u00a0<\/span><b>Norway\u00a0<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mr. Jerry Matthews Matjila\u200b, Ambassador, Permanent Mission of\u00a0<\/span><b>South Africa<\/b><span style=\"font-weight: 400;\">\u00a0to the UN\u200b<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Representative from the UN Economic Commission for Africa (<\/span><b>UNECA<\/b><span style=\"font-weight: 400;\">) (TBC)<\/span><\/li>\n<\/ul>\n<p><b>Respondent:\u00a0<\/b><span style=\"font-weight: 400;\">Towfiqul Islam Khan, Research fellow, Centre for Policy Dialogue, Bangladesh<\/span><\/p>\n<p><b>Moderator:<\/b><span style=\"font-weight: 400;\">\u00a0Hannah Brejnholt Tranberg, ActionAid Denmark<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This side-event is organized under the umbrella of the Civil Society Financing for Development Group, including the Women&#8217;s Working Group on FfD, and facilitated by the following organizations:<\/span><\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Illicit financial flows (IFF), with legalized tax avoidance as its major component, is the fundamental constraint to be <\/p>\n","protected":false},"featured_media":6605,"template":"","thematic-area":[111],"year":[20],"class_list":["post-6604","event","type-event","status-publish","has-post-thumbnail","hentry","thematic-area-tax-and-transparency","year-20"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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