The 80th Annual Congress of the International Institute of Public Finance will be held at the Prague University of Economics and Business (campus Žižkov), Czech Republic from August 21 – 23, 2024. The theme is International Tax Sheltering and Inequality.
Multinational businesses and sophisticated individuals employ various strategies to shield their income and wealth from taxation by shifting income and assets across international borders. Research on this topic has brought about growing concerns that such sheltering perpetuates or exacerbates inequality: offshore tax sheltering by individuals appears to primarily benefit the very wealthy, while a large part of the tax savings of multinational firms likely benefits their owners and executives. Both legal and illegal forms of sheltering create challenges for measuring inequality across individuals and across countries, because sheltering causes data from tax accounts and tax returns to differ from economic reality. Tax sheltering also hinders revenue mobilization in poorer countries, which exacerbates global inequalities. In part due to these concerns, the last two decades have seen growing policy attention to international tax sheltering. The 2024 congress aims to highlight current research on the magnitude and mechanisms of tax sheltering as well as its implications for inequality.
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