International Tax Forum Explores Global Tax Reforms at WGS 2025

Dubai recently hosted the International Tax Forum (ITF) as part of the World Government Summit 2025, bringing together thought leaders, economic experts, and government officials to discuss the rapidly evolving global tax landscape. Organized by the UAE Ministry of Finance, the forum served as a platform for critical discussions on reforms aimed at fostering economic stability and fairness.

A key focus of the forum was the OECD’s Global Minimum Tax under Pillar II rules, designed to curb base erosion and profit shifting. These reforms seek to ensure that multinational corporations adhere to minimum tax rates, creating a more equitable tax environment. Experts at the forum emphasized the importance of these measures in promoting economic stability and balancing the interests of both advanced and emerging economies.

Fostering Transparency and Digital Innovation

The ITF underscored the growing importance of tax transparency, emphasizing international cooperation in the exchange of tax information to combat tax evasion. E-invoicing emerged as a critical topic, highlighted for its role in streamlining tax systems, reducing administrative burdens, and accelerating digital transformation across economies.

With the rapid rise of the digital economy and the expansion of e-commerce, forum participants explored innovative tax policies tailored to address these evolving challenges. They stressed the need for governments and the private sector to collaborate closely in developing frameworks that align with modern economic realities.

Insights from Leadership

Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance, reaffirmed the forum’s role in shaping international tax policies, stating,

“The ITF presents an opportunity to foster international dialogue on issues reshaping the global tax system. As digitization accelerates, it is imperative to adopt proactive policies that ensure sustainability and fairness.”

Al Khouri emphasized the OECD’s Pillar II framework as a pivotal step in global tax reform, alongside discussions on tax information exchange, electronic invoicing, and the broader implications of digital transformation. He highlighted the necessity of global collaboration to build sustainable tax systems that adapt to technological advancements and economic shifts.

A Step Towards Sustainable Tax Systems

The International Tax Forum 2025 served as a vital platform to address pressing global tax challenges and opportunities. By focusing on transparency, digital innovation, and tailored tax policies, the forum reinforced its commitment to creating sustainable, equitable tax systems that support global economic growth. Dubai’s role as host further cemented its position as a hub for international dialogue and progressive policy-making in the global tax arena.

News Source: Emirates News Agency