During the International Tax Forum (ITF), organized by the Ministry of Finance, leading economic experts, representatives of the private sector, and government officials discussed a range of key issues affecting global tax practices. The forum, held under the theme "Shaping Future Governance" during the 2025 World Government Summit in Dubai from February 11 to 13, highlighted the importance of the OECD Pillar II rule for addressing base erosion and profit shifting, as well as ensuring the application of minimum tax rates for multinational companies.
Particular attention was devoted by forum participants to the roles of the indicated reforms in enhancing tax fairness, ensuring the stability of the global economy, and achieving a balance between developed and developing countries. Mechanisms of tax information exchange and their significance in the fight against tax evasion and increasing transparency were also discussed, noting that international cooperation in this area is a key element of creating effective and sustainable tax systems.
The forum also focused on other important and emerging tax issues, including tax information exchange, mechanisms of electronic invoicing, and future taxation in the context of digital transformations.
Al-Houri concluded: "Today, we stand at the verge of a new phase requiring proactive vision for addressing the challenges and opportunities posed by digital economy." The goal of the forum was to discuss practical solutions and future strategies that ensure the sustainability of tax systems on a global scale.
During the forum, contemporary tax instruments capable of enhancing the effectiveness of tax systems and reducing administrative burdens for companies were discussed, contributing to the digital transformation of the economy. Future tax issues highlighted the challenges posed by the digital economy, including new business models and the growth of electronic commerce.
Experts emphasized the need to develop innovative and practical tax policies that are able to adapt to these transformations, underlining the importance of cooperation between governments and the private sector to ensure the sustainability and simplicity of tax systems.
Abroad, where the forum takes place, significant changes in the international tax system are observed. The discussion also touched upon electronic invoicing as a contemporary instrument capable of improving the effectiveness of tax systems and reducing the administrative burdens for companies, thereby contributing to the digital transformation of the economy.
