EU Tax Symposium “Road to 2050: A Tax Mix for the Future” Keynote Speech Vitor Gaspar prepared in collaboration with Ruud de Mooij published by (IMF).
“Thank you very much for inviting me to speak in the EU Tax Symposium: Road to 2050.
I find the topic of ‘the tax mix for 2050’ timely and important. To me, it shows how the EC is ahead of the game in preparing for the challenges of the future. This is very welcome and very necessary in today’s turbulent times. Many policy makers are occupied with the transition out of the pandemic or dealing with the challenges of inflation. During such turbulent times, the contrast between wisdom and folly looms large and can have long lasting consequences.
The focus on tax and 2050 allows me to reminisce on my experience at the Commission’s Bureau of European Policy Advisers and the last report I wrote for the President of the European Commission on Taxation in the Digital Economy…”
Tax Symposium “Road to 2050: A Tax Mix for the Future published by European Commission.
“Our economies and societies will be shaped by major trends in the coming years. Aging, climate change, globalisation and digitalisation will impact the way Europeans live, work, interact and do business.
These mega-trends will have a significant impact on taxation – challenging previously stable sources of revenue and offering new opportunities for public income. At the same, taxation will have a substantial contribution to make in responding to these new and emerging challenges, as well as to supporting the green and digital transitions.
This is why the European Commission is launching the Tax Symposium on 28 November 2022 in Brussels – a high-level event to reflect on the right tax mix for the EU over the next 20-30 years. The Symposium will be preceded by a series of run-up events to feed the debate, which will consider how to re-design our tax systems in the face of the structural changes ahead.
The Tax Symposium will stimulate a broad debate, covering all types of taxes, collected at all levels of governance. It will also offer the opportunity to delve into specific aspects of the tax mix, and consider their long-term perspectives…”
