ADB tax consultants David Tansey and Richard Highfield will talk about ICT in tax administration and provide an overview of the latest series on comparative analysis of tax administration in Asia and the Pacific.
Tax Administration ICT Systems: Impacts on Resource Mobilization, Governance, and Transparency
Speaker: David Tansey, Tax Policy and Administration Specialist (Consultant)
Imagine a future where all countries in the Asia-Pacific region are self-sufficient in domestic resource mobilization (DRM) and do not require loans from international financial institutions; and where the integrity and transparency levels of tax officials are high that they flow onto other agencies and to the government itself.
Does this sound far-fetched? Not in the case of the Maldives. With ADB support, Maldives has seen tax collections rise to about 25% of gross domestic product (GDP) and achieved high governance and integrity levels in the last few years. After receiving assistance from ADB, tax revenues of the Kyrgyz Republic increased from 14.2% of GDP in 2006 to 18.1% of GDP in 2012. Similar positive results can be seen throughout many developing member countries, either through wholesale reform of the tax system or piecemeal improvement.
Mr. Tansey will discuss the best investment practices in ICT in tax administrations to assist developing member countries mobilize sufficient domestic resources to meet sustainable development goals.
Comparative Analysis of Tax Administrations in Asia and the Pacific: What it Tells Us and Plans to Improve our Knowledge
Speaker: Richard Highfield, Tax Policy and Administration Specialist (Consultant)
With few exceptions, tax administration bodies in the region face considerable challenges in ensuring compliance with tax laws and achieving government revenue-raising objectives. One way the ADB can assist tax bodies in carrying out their mandate is through the provision of timely information concerning the frameworks, approaches, planned developments and performance of tax bodies within the region, along with high level data assessment of their performance over time.
The main objectives in providing such information are to assist knowledge and experience sharing amongst tax bodies, and to provide ideas and reference materials for tax administration reform options. While the information is not used to rank the overall performance of tax bodies, it does provide good insights on administrative competence, key issues receiving attention, emerging practices, and trends.
Mr. Highfield will explain how ADB goes about this task and, importantly, outline the findings emerging from the work currently underway to complete a new comparative series.