IDS: The tax era of develOpment financing

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https://www.ids.ac.uk/campaigns/the-tax-era-of-development-financing/

With aid budgets in decline and a deepening debt crisis, investment in strengthened tax systems in lower-income countries is essential to raise revenue fairly and sustainably.

Tax has already overtaken aid as the largest source of development finance. Yet many lower-income countries collect less than 15% of GDP in tax – a fraction of what wealthier countries raise. Taking place in Spain from 30 June – 3 July, FfD4 could mark a historic turning point if ambition on donor commitments and international tax cooperation matches the rhetoric.

Discover insights from the International Centre for Tax and Development, hosted by IDS, and join us for our event in Seville on the sidelines of FfD4.

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