Invitation to the panel discussion in Davos: Poland is calling for tax solidarity action

Invitation

Please join us for the open discussion titled:

TAX CO-OPERATION: HOW TO AVOID THE RACE TO THE BOTTOM

Annually 170 billion euro of tax revenue is lost due to cross-border tax evasion. The findings of a report prepared by Poland’s Polish Economic Institute show that financial paradises are closer than anyone may think. No longer do multinational companies have to look to the distant Caymans. Brussels, Luxemburg and Ireland are just around the corner.

All European economies have suffered, but France, the UK and Germany have experienced the highest loss – an average of 14 bn euro. This unimaginable amount of money could have met various needs. (The renovation of the roof of Notre Dame has been estimated at 600 m euro - a fraction of the amount.) Poland, having succeeded in sealing the VAT system internally, is now calling EU Member countries for tax solidarity action.

Date: 22 January, at 19.00

Venue: Polish House, Promenade 58, 7170 Davos Platz

DETAILED AGENDA

7:00 p.m. – start of the conference

- Opening address – Beata Daszyńska-Muzyczka, President of Bank Gospodarstwa Krajowego – Polish Development Bank (5 min.)

- Video – Overview of the Polish Economic Institute’s report results – Tax unfairness in the European Union – towards greater solidarity in fighting tax evasion (5 min.)

- High-level debate – ’Tax Cooperation: How to Avoid a Race to the Bottom’ (60 min.):

- Moderation: Piotr Arak, Director of Polish Economic Institute

- Participants:

Valdis Dombrovskis, Vice-President of the European Commission (TBC)

José Ángel Gurría, OECD Secretary-General

Bruno Le Maire, Minister of Economy and Finance, France

Mateusz Morawiecki, Prime Minister of Poland

8:10 p.m. – Q&A round with the participants

8:20 p.m. – dinner/cocktail for the conference participants

9:30 p.m. – planned end of the debate

Should you have any questions please contact:

Danuta Nierada, Creative Director,

e-mail: d.nierada@promocjarozwoju.pl

tel.: +48 606 997 303