Ms. Giorgia Albertin, Boriana Yontcheva, Dan Devlin, Hilary Devine, Mr. Marc Gerard, Sebastian Beer, Irena Jankulov Suljagic, and Mr. Vimal V Thakoor
This paper aims to contribute to the international policy debate around profit shifting, tax avoidance and SSA’s revenue mobilization efforts in three ways. First, it examines the importance of mining, the role of multinational enterprises (MNEs), and mining revenue outcomes in SSA. Second, it assesses the magnitude of profit shifting in mining drawing on new macro level research, supplemented by case studies to illustrate the lived experience of tax avoidance in SSA mining. Third, the paper identifies tax policy reforms that could boost revenue mobilization in SSA.
Boriana Yontcheva, Dan Devlin, Hilary Devine, Sebastian Beer, and Irena Jankulov Suljagic
the Platform for Collaboration on Tax has highlighted where protections could be strengthened. Linking tax policy changes to similar policy actions elsewhere can help promote change, strengthening the benefits of the region acting together. Countries will also need to engage closely with international efforts to reform corporate income taxation, which can have implications for how miningMNEprofits are taxed.
Many SSA countries have already taken steps to address vulnerabilities to profit-shifting in the mining sector. As examples, Sierra Leone’s new fiscal