Extending a value added tax (VAT) to more effectively capture e-commerce and digital services could yield significant short-term revenue and help ensure a level playing field between domestic and foreign players.
Go Nagata’s current role at ADB supports the governments in Asia and Pacific for enhancing domestic resource mobilization. Before joining ADB in 2019, he had engaged with International taxation projects including bilateral tax treaties, Exchange of Information on tax matters and Base Erosion and Profit Shifting initiatives, in the Ministry of Finance and National Tax Agency Japan since 2011.
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The COVID-19 pandemic has created opportunities for a fairer, more robust and more efficient tax revenue and spending system.