International Tax and Investment Center

The INTERNATIONAL TAX AND INVESTMENT CENTER (ITIC) is an independent, nonprofit research and education organization founded in 1993 to promote tax reform and public-private initiatives to improve the investment climate in transition and developing economies. ITIC serves as a clearinghouse for information on best practices in taxation and investment policy.

ITIC encourages tax, trade and investment policies that enhance economic growth in non-OECD countries by facilitating mutual understanding and trust between business and government through the ITIC “neutral table,” where stakeholders convene to discuss academic analyses, policy studies and international best practices.

Through affiliates and offices around the world, ITIC works with ministries of finance, customs services and tax authorities in 85 countries, as well as international and regional financial institutions engaged in tax policy and tax administration issues. ITIC’s analytic agenda, global thematic initiatives, regional tax forums, and capacity-building efforts are supported by nearly 100 corporate sponsors.

In March 1993, Dan Witt led a Tax Foundation mission to Moscow with Hoover Institution Senior Fellow Charles McLure, Congressman Bill Frenzel, and representatives of 10 American companies. Professor McLure’s expertise provided critical input that helped establish ITIC’s triangular dialogue among taxpayers, tax authorities and independent experts. 

The delegation met with senior officials in the Russian Federation’s Ministry of Finance and State Tax Service as they embarked on the challenge of drafting a Tax Code to support Russia’s fiscal system and the transition to a market economy following the dissolution of the Soviet Union.

Founding sponsors that participated in these 1993 missions to Russia and Kazakhstan included Bechtel, Baker Hughes, British Gas, Citibank, Chevron, EY, KPMG, Nestle, PepsiCo, and PwC.

From that initial collaboration 25 years ago, ITIC has broadened its information sharing on best practices to 85 countries.

ITIC was established with the goal to promote tax reform, capacity building, and public-private initiatives to improve the investment climate in transition and developing economies. The mission of ITIC is to encourage tax, trade, and investment policies that foster economic growth in non-OECD countries by facilitating mutual understanding and trust between business and government.

ITIC serves as a clearinghouse for information on best practices in taxation and investment policy, and it encourages stakeholders to convene at the "neutral table" to discuss academic analyses, policy studies, and international best practices. Through its global network of affiliates and offices, ITIC collaborates with ministries of finance, customs services, tax authorities, and international and regional financial institutions engaged in tax policy and tax administration issues in 85 countries.

ITIC's analytic agenda, global thematic initiatives, regional tax forums, and capacity-building efforts are supported by nearly 100 corporate sponsors. The organization aims to promote tax reforms, capacity building, and public-private initiatives to enhance economic growth in transition and developing economies. ITIC's goal is to create a more stable and prosperous global economy by fostering greater understanding and cooperation between government and business.

The International Tax and Investment Center (ITIC) has had a significant impact on promoting tax reform and public-private initiatives to improve the investment climate in transition and developing economies. Through its global network of affiliates and offices, ITIC collaborates with ministries of finance, customs services, and tax authorities in 85 countries, as well as international and regional financial institutions involved in tax policy and administration issues. This has helped to facilitate mutual understanding and trust between business and government through ITIC's "neutral table," where stakeholders gather to discuss academic analyses, policy studies, and international best practices.

ITIC's efforts have resulted in the promotion of tax, trade, and investment policies that enhance economic growth in non-OECD countries. The organization's analytic agenda, global thematic initiatives, regional tax forums, and capacity-building efforts are supported by nearly 100 corporate sponsors. ITIC's work has also helped to improve the investment climate in these countries, spurring economic growth and development. Through its activities, ITIC has played a crucial role in shaping tax policy and administration in developing economies, leading to greater transparency, accountability, and effectiveness in the management of public finances.