The UNDP Tax for SDGs Initiative has made significant strides in 2023, focusing on enhancing tax systems to support Sustainable Development Goals (SDGs). Key achievements include launching new Tax Inspectors Without Borders (TIWB) programs, introducing the SDG Taxation Framework, and promoting digital transformation in tax administrations across various regions. The initiative emphasizes aligning tax policies with SDGs to foster equitable opportunities and strengthen tax capacities in developing countries.
Experts warn that increased taxes on money transfers will push away taxpayers. Bankers say proposed levies would put more financial burden on customers.