Taxation is a crucial tool in the fight against economic, social, and environmental inequalities, which affect and threaten us all.
We are counting on you to participate in the evolution of tax policy.
Submit your project by March 15, 2022, in accordance with the terms described below. For each issue, a winner will be awarded CAD 10,000, in order to realize their proposal.
The TaxCOOP organization gives you carte blanche to set up initiatives that will concretely promote the transformation of tax systems.
Your mission is to pilot an innovative project, the scope of which may be of an academic, media-based, or social nature, but which promotes the establishment of an effective and fair tax system to deal with the following topics:
● Billionaires, a Global Issue;
● Taxation and Philanthropy: Beyond Borders;
● Tax Cooperation for the Environment.
THE QUEBEC ISSUE
It’s important to us to make Quebec’s tax expertise shine while highlighting a specific issue in Quebec:
● Public Services, Social Programs, and Tax Breaks: is the Quebec Model Sustainable in the Long Term?
Submit your draft project for a chance to win CAD 10,000 to help you complete it.
Submission of applications:
January 1 to March 15, 2022
Selection of candidates:
March 15 to April 15, 2022
* You may be called upon to present your initiative to the jury during a pre-selection zoom interview.
Announcement of the winners:
Send your application before March 15, 2022, to the email address: firstname.lastname@example.org
Use the following form to name the subject of your email: CARTE BLANCHE – NAME OF THE PROJECT
A letter of intent describing your project and how it relates to one of the issues presented (maximum two pages, font size 12, line spacing 1.5);
The CV(s) of the project manager(s);
The list of other team members, if applicable;
A budget detailing the use of the CAD 10,000;
A project schedule.
Information on intellectual property
The terms of the collaboration will be specified in an agreement at a later date.
Three applications will be selected and awarded CAD 10,000 each by TaxCOOP for INTERNATIONAL ISSUES (one winner per issue), in order to carry out the proposed projects in whole or in part.
In addition, a prize of CAD 10,000 is offered in partnership with the Quebec CPA Order to the winner of THE QUEBEC ISSUE.
Please note that if the applications received do not meet the expected standards, TaxCOOP reserves the right to distribute the prize for the INTERNATIONAL ISSUES differently.
The contribution of the project to the reflection on the topic (the importance and originality of the content proposed by the project);
The feasibility of the project (structure and schedule);
The capacity of the participant or team to carry out the project (training or experience relevant to the realization of the project).
The jury is made up of the founders of TaxCOOP, Brigitte Alepin, Lyne Latulippe and the Hon. Louise Otis as well as its general coordinator, Gabriella Sobodker and Paula Henriquez-Karmis, project manager.
INTRODUCTION TO THE ISSUES
Since 2015, TaxCOOP has spoken in the public arena on certain tax issues for which tax cooperation is essential, including those of the taxation of billionaires, philanthropy, and environmental tax policy.
Your mission is to pilot an innovative project, the scope of which may be of an academic, media-based, or social nature, and which promotes the establishment of an effective and fair tax system to deal with these issues.
Billionaires, a global issue
In recent decades, the wealth of the ultra-rich has reached all-time highs as their tax rate has collapsed to such unmatched levels. This phenomenon thus widens the gap between the rich and the poor. Our tax laws and competition between countries have created a system in which income generated by wealth, such as investment income or capital gains, receives preferential treatment. This allows the accumulation and concentration of wealth.
How can this issue be tackled by taxation at the national and international level, in order to restore equity and fight against the growth of inequality?
Introduction to the topic:
- Payer sa juste part d’impôts, La Presse +
- L’appel de 121 millionnaires et milliardaires à payer plus de taxes pour réduire les inégalités, Le Figaro
- Let’s Turn the Taxation of Billionaires Upside-Down, Bloomberg
- These Billionaires Want the Ultrawealthy to Pay More in Taxes, Forbes
- Patriotic Millionaires Urge the Rich to Pay Higher and Fairer Taxes, CBC Radio.
Taxation and philanthropy: beyond borders
Tax regimes in several countries offer tax incentives to private charitable organizations to encourage philanthropy. In most cases, not only is a tax credit given to the founder based on the value of the donation, but the foundation itself is also exempt from taxation. At the same time, tax laws require that a tiny percentage of the assets of these foundations be redistributed for charitable purposes. Ultimately, the vast majority of the money contributed accumulates, while being tax-sheltered, in these private foundations. In Canada and the United States, more than $1 trillion in assets lies dormant in foundations. As it stands, tax laws do not encourage private foundations to be generous. Rather, they encourage the accumulation of tax-sheltered philanthropic wealth.
How can this issue be tackled by taxation at the national and international levels to support inclusive philanthropy?
Introduction to the topic:
- Libérez-nous des fondations privées pas charitables!, TVA Nouvelles
- Le régime fiscal relatif aux fondations privées de charités – Menace pour la démocratie et entorse pour les finances publiques, Brigitte Alepin
- Can We Hope to Put an End to Non Charitable Private Foundations, Bloomberg.
- Taxation and philanthropy 2020, OECD
- Cross-Border Philanthropy – A U.S Perspective, Eric Zolt (2021)
- Brief (Summary submitted to the Standing Committee on Finance of the House of Commons of Canada, Tax Incentives for Charitable Donations, Brigitte Alepin (February 7, 2012)
Tax cooperation for the environment
According to a recent United Nations report, the world is expected to experience the hottest five years in its history. “Never before has it been so clear that we need long-term, inclusive, clean transitions to tackle the climate crisis and achieve sustainable development. We must turn the recovery from the pandemic into a real opportunity to build a better future,” said Mr. Guterres, who will present the report on September 9. “We need science, solidarity, and solutions.”
How can this issue be addressed through taxation at the national and international levels, in order to meet the environmental and climatic challenges we face today (climate change, pollution, overconsumption, and loss of biodiversity), while facilitating a transition to a sustainable future?
Introduction to the topic:
- 25e conférence de l’ONU sur les changements climatiques, un pourcent pour le climat, La presse +
- Entrevue avec Louise Otis : sa présence à a COP25, Radio-Canada Ohdio
- For a Global Minimum Tax in a Times of Crisis, Bloomberg
- Tax and the Environment, OECD
- United in Science Report: Climate Change Has not Stopped for Covid-19, UN
THE QUEBEC ISSUE
Public Services, Social Programs, and Tax Breaks: Is the Quebec Model Sustainable in the Long Term?
We are honoured to present the Quebec segment of the call for projects in partnership with the Quebec CPA Order, which has supported TaxCOOP events year after year, starting with our very first conference.
Quebec is showing initiative and leadership in the field of provincial, national, and international tax policy. It is therefore important to us to highlight Quebec’s expertise in taxation, while also highlighting a specific issue in Quebec.
Quebec is recognized as a province where the state offers significant access to social services and public programs, such as the healthcare system and the education system. The Quebec government also encourages Quebec businesses with a multitude of tax credits. The role of the Quebec government is, therefore, to ensure the well-being of its population, while promoting the prosperity of its economy. However, to remain competitive with its environment, the government grants important tax gifts to large corporations and the ultra-rich. Can Quebec reconcile the two in the long term?
Introduction to the topic:
- Le rapport sur le financement des services publics 2018-2019, Ministère des finances du Québec
- Finances publiques québécoises: un an après le début de la pandémie, Acfas Magazine
- Comment imposer le patrimoine des riches, La Presse
- Social Tax Expenditures: The Case of Quebec, CEP
- Quebec community groups close doors to protest lack of government funding, Global News
- Staff shortages could impact health services, Quebec health minister warns, Global News
WHY LAUNCH A CALL FOR PROJECTS ?
Since its inauguration in 2015, TaxCOOP has contributed to the official recognition of a race to the bottom in taxation that led to the adoption of the global minimum corporate tax. After having held a World Tax Summit in 2020, as planned, it is now time to pass on to others the means to carry out their research, mobilization, or collaborative initiatives, with the objective of advancing tax regimes on issues at the heart of TaxCOOP’s concerns.
Our organization has always respected and admired the ideas and genius of others. Involving individuals, groups, and ideologies from different backgrounds is fundamental to its mission. This call for projects is thus part of the legacy of cooperation in tax policy that TaxCOOP bequeaths to posterity.
Taxation is a crucial tool in the fight against economic, social, and environmental inequalities, which affect and threaten us all. There is still a great deal of work to be done if the economy is to serve every nation and every individual fairly.
We are counting on you to take over and participate in the transformation of tax policy.