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Qatar University, represented by the College of Business and Economics, in collaboration with the General Tax Authority, is preparing to hold the 4th International Conference on Fiscal Policies and Economic Development in Qatar from February 26 to 27.
المؤتمر الدولي الرابع حول السياسات المالية والتنمية الاقتصادية
تستعد جامعة قطر ممثلة في كلية الإدارة والاقتصاد، بالتعاون مع الهيئة العامة للضرائب لعقد المؤتمر الدولي الرابع حول السياسات المالية والتنمية الاقتصادية في قطر، خلال الفترة من 26 إلى 27 فبراير الجاري، وذلك تحت عنوان "إعادة صياغة الحوافز المالية للاستثمار في دول مجلس التعاون الخليجي".
ويشارك في المؤتمر نخبة من الخبراء والباحثين من بعض المؤسسات المالية الدولية والجامعات العالمية، والهيئات الحكومية المختصة، والمكاتب الاستشارية، وغيرهم من الجهات المعنية، لمناقشة سبل إعادة صياغة الحوافز المالية للاستثمار في دول مجلس التعاون الخليجي، وذلك في ظل التطورات الاقتصادية العالمية، ولا سيما الإصلاح الضريبي الدولي، والخروج بتوصيات تدعم صناع القرار.
ويركز المؤتمر على عدة محاور أبرزها الحوافز المالية للاستثمار وأهميتها، والاتجاهات الحالية فيما يختص بحوافز الاستثمار غير الضريبية، وإعادة صياغة الحوافز الضريبية في ظل الركيزة الثانية، والإنفاق الضريبي ودوره في المفاضلة بين الحوافز الضريبية وغير الضريبية.
Reshaping Investment Fiscal Incentives in GCC Countries
Conference Overview
Each government has the right to design its investment policies including incentives package regardless of other countries, considering the sovereignty of each country to design its policies to serve its development strategy and achieve economic objectives. This includes investment fiscal incentives. However, recent developments in international taxation lead by the OECD, in terms of introduction BEPS actions, particularly Action 1 (two pillars solutions), have significant impact on tax systems around the world. Pillar 1 will affect each country's taxing rights and, consequently bilateral and multilateral tax agreements. Further, Pillar 2 has introduced a global minimum tax (Globe). Such development raises the challenge of employing and designing investment tax incentives to stimulate investment. These challenges are international and they have impact on developed, and developing countries, including GCC countries.
The GCC countries are employing tax incentives as the most common type of government incentive to stimulate private sector investment and achieve economic diversification. Fiscal tax incentives, particularly tax incentives are the backbone of government incentives in GCC countries, considering the relatively less important role of tax revenue in government revenue, as governments are dependent on oil and gas revenue. In this context, investment tax incentives are concentrated in granting tax holidays to FDI investment whether it’s inshore or offshore investment. The global development in international taxation has raised challenges to: (1) design government investment incentives, (2) employ investment tax incentives to attract FDI, (3) future of tax competition, and (4) the future design of tax system which align with new international tax measures. Therefore, the 4th round of this conference will discuss these issues, by reviewing current practices in developed and developing countries, assessing possible areas that require examinations, and draft specific recommendations that help policymakers in GCC countries.
Conference Topics
Recent trends in government investment incentives
The trade-off between tax and non-tax investment incentives to attract FDI
Reviewing the costs of investment tax incentives (tax expenditures)
Pillar 2 and the design of tax incentives
The future design of fiscal incentives and tax systems in GCC countries
Sectoral tax incentives (Sports, Healthcare, Media, Logistics, etc.)
Other related topics
Reviewing recent practices regarding government investment incentives
Discussing government practices on employing tax and non-tax incentives to attract FDI
Assessing the potential impact of Pillar 2 on granting investment tax incentives and on the design of the tax system.
Reviewing potential Impacts of Pillar 2 on the future tax system in GCC countries
Creating awareness among the public about the new government policies
Encouraging research in the area of tax incentives
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