The Role of Taxation in Mitigating Illicit Financial Flows (IFFs)

Dates

1 Week: March 31 - April 4, 2025

2 Weeks: March 31 - April 11, 2025

1 Week: May 12 - 16, 2025

2 Weeks: June 12 - 23, 2025

Location

Cape Town
Johannesburg

Format

In-Person/Online

Tuition (In Person)

1 Week

$999 pp individual

$800 pp for groups of 5+

2 Week

$1,500 pp individual

$1,150 pp for groups of 5+

Tuition (Online)

1 Week

$600 pp individual

$400 pp for groups of 5+

2 Week

$800 pp individual

$500 pp for groups of 5+

Course Overview

The Role of Taxation in Mitigating Illicit Financial Flows course explores the critical intersection of taxation and the global fight against illicit financial flows (IFFs). Participants will gain insights into how effective tax policies, enforcement strategies, and international cooperation can reduce IFFs and support economic stability.

Key Highlights:

Understanding the concept of illicit financial flows and their impact on economies.
The role of tax authorities in detecting and preventing tax evasion, avoidance, and financial crimes.
Exploring international frameworks and initiatives, including the OECD and FATF guidelines.
Leveraging technology and data-sharing agreements for transparency and compliance.
Developing tax policies that support anti-corruption and money-laundering efforts.

1 Week Course Outline

Key Issues in Tax Compliance for Tax Authorities

Day 1: Introduction to Illicit Financial Flows (IFFs)
Definition and types of IFFs (e.g., tax evasion, money laundering, corruption). Global trends and statistics on IFFs. Impact of IFFs on economic development and governance.

Day 2: The Role of Tax Systems in IFFs

How weak tax systems enable IFFs. Tax havens, transfer mispricing, and profit shifting. Relationship between tax evasion and organized crime.

Day 3: International Taxation and IFFs

Overview of international tax frameworks. Base erosion and profit shifting (BEPS). Double taxation agreements (DTAs) and their misuse.

Day 4: Tax Transparency and Information Exchange

Global initiatives on tax transparency (e.g., OECD, FATF, and CRS). Automatic Exchange of Information (AEOI) and its role in combating IFFs. Challenges in information sharing among jurisdictions.

Day 5: Legal and Regulatory Frameworks

Role of national tax policies in addressing IFFs.
Anti-money laundering (AML) and combating the financing of terrorism (CFT) laws.
Case studies: Successful interventions in mitigating IFFs.

Week 2 - Strategies and Practical Solutions

Day 6: Strengthening Domestic Revenue Mobilization

Policies to close loopholes and reduce tax evasion. Broadening the tax base and improving compliance. Role of technology in enhancing tax administration.

Day 7: Collaborative Approaches to Tackling IFFs
Role of international organizations and regional bodies. Public-private partnerships in detecting and preventing IFFs. Cross-border cooperation and mutual assistance in tax recovery.

Day 8: Risk Assessment and Monitoring

Identifying high-risk sectors and transactions.
Tools for assessing and mitigating IFF risks.
Integrating risk-based approaches in tax administration.

Day 9: Capacity Building and Stakeholder Engagement

Building institutional capacity to combat IFFs.
Training tax officials and auditors.
Engaging civil society and the private sector in reform efforts.

Day 10: Policy Recommendations and Future Directions

Developing action plans for mitigating IFFs through taxation.
Review of global best practices.
Final group presentations on strategies for combating IFFs in participants’

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