Those Swiss councils for taxation in developing countries

Innovative decision by the Federal Council, which intends to support the poorest nations in reforming their tax systems

Developing countries: from taxes only 10 to 14 percent of the Gross Domestic Product
In developing countries, tax revenues represent only 10 to 14 percent of gross domestic product

Tax revenues in developing countries are generally very low.
With higher taxes these countries could satisfy the basic needs of the population and reduce their dependence on foreign development aid.
For this reason, until 2028, the Switzerland will support these nations in reforming their tax systems with a maximum amount of 28,5 million francs.
This is the decision taken by the Federal Council on 18 October 2023.
Thanks to tax revenues, generated mainly from taxes, governments invest in socio-economic development, provide public services and reduce poverty and the effects of crises.

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Developing countries: the main multilateral tax systems of the IMF, World Bank and OECD
The main multilateral tax systems of the IMF, World Bank and OECD are included in the Swiss STP4D program

In the third and fourth world, tax revenues are worth 10 to 14 percent of GDP

However, in developing countries, tax revenues only represent 10 to 14 percent of the Gross Domestic Product (GDP for short), unlike what happens in richer countries, where this value stands at 20-30 percent.
The cause is to be found in the weak points of the tax system, such as high tax avoidance, insufficient redistribution, lack of resources of the tax authorities, corruption and the size of the informal sector.
The Swiss Tax Program for Development (STP4D) will continue the notable results already achieved by the Secretariat of State for Economy in this area.
The complexity of the tax reforms, the high number of technical operators involved and previous experiences have led SECO to group its main activities in the tax field into a flagship program.

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Developing countries: 28,5 million francs from Switzerland for the reform of their tax systems
Until 2028, Switzerland will support poor nations in reforming their tax systems with 28,5 million francs

In the STP4D program, the tax systems of the IMF, World Bank and OECD

In the STP4D program of Switzerland include the main multilateral tax systems of the International Monetary Fundand (IMF), of World Bank and Organization for Economic Cooperation and Development (OECD).
Specific support is planned for Ukraine, so that the country can consolidate its tax system which has been severely shaken by military aggression Russian.
The program will come funded within the framework of the financial means available for economic development cooperation.
Thanks to the new flagship program, SECO will be able to better manage its tax-related activities and use resources efficiently and consistently, while also facilitating the comunication with the authorities and other donors and development partners.

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Developing countries: the headquarters of the Ghana Revenue Authority in Accra
The Ghana Revenue Authority is the administration responsible for assessing, collecting and accounting for Ghanaian tax revenues based in Accra