The FTC organised on July 16 a high-level event on the G20 minimum corporate tax proposal in partnership with ICRICT, TJNA, APMDD and Fundación SES.

The panel discussion, which can be viewed in its entirety here, analysed how the G20 communique was received in Africa, Latin America and Asia, and agreed that developing countries have very little to gain from this historical agreement. It concluded that the 15 percent global minimum tax rate proposed risks promoting a race to the bottom and fails to address key issues of tax evasion and fiscal transparency.