Zhang Tao: Paying Attention To Tax Issues In Product Paction Of Pnational Mining Industry

Zhang Tao, the new vice president of IMF, made a public appearance at the first time, and analyzed the related theories and data of the new book "international taxation and excavation industry".

Zhang Tao said: "the pnational taxation problem of the extractive industry has a crucial position in the international economic development, and has far-reaching economic impact on developing and developed countries, which can raise the export profit of low-income countries by 1/3."

IMF the first day of autumn annual meeting is a new book by IMF finance policy researcher.

"A special discussion was held, and Zhang Tao, vice president of new IMF, attended the first large-scale public meeting as the opening guest.

He expressed the importance of international taxation in extractive industries.

Zhang Tao introduced: "in recent years, pnational low-grade commodity trading has become increasingly frequent, and international tax competition, tax avoidance and tax evasion are becoming more serious.

The publication of this book is very ingenious.

It has an important impact on policy making. "

The mining industry is a basic industry of the national economy in low income countries. Energy, industrial raw materials, agricultural means of production and mineral materials all come from the products of the mining industry.

Zhang Tao said that the compilation of pnational tax issues in the extractive industry will help solve the tax avoidance problem of the original pnational mining products trade.

At the same time, the research results in this area will be applied to policy making in the future, and the mobility of such multinational pactions can also be improved to prevent pnational relations.

And prevent the profits of low income raw materials exporting countries from being damaged.

Zhang Tao said: "one of the important goals of IMF in the future is to solve the economic and trade inequalities among countries, and the export of extractive industries plays a supporting role in the economic development of most low-income countries.

IMF research and intervention in international taxation issues in the mining industry product exchange also conform to IMF's sustainable development goals.

The research shows that if we implement the international tax law seriously, we can raise the profit of 1/3 of low income countries.