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Global: Heads of Tax Administration agree global actions to meet global challenges

Monday, 27 October 2014   (0 Comments)
Posted by: Author: OECD
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Author: OECD

The OECD/G20 Base Erosion and Profit Shifting (BEPS) Project and the move to automatic exchange of financial account information took centre stage when Heads of Tax Administration met on 23-24 October in Dublin, Ireland.

Nearly forty delegations participated in the Ninth Meeting of the OECD Forum on Tax Administration (FTA) and agreed that ever greater co-operation will be necessary to implement the results of the BEPS project and automatic exchange of information. Specifically they agreed:

  • A strategy for systematic and enhanced co-operation between tax administrations;
  • To invest the resources needed to implement the new standard on automatic exchange of information; and
  • To improve the practical operation of the mutual agreement process.

The communiqué released at the close of the meeting contains more details and contains links to the following publications that have just been released by the FTA:

  • Increasing Taxpayers’ Use of Self-service Channels
  • Working Smarter in Tax Debt Management
  • Tax Compliance by Design – Achieving improved SME Tax Compliance by Adopting a System Perspective
  • Measures of Tax Compliance Outcomes – A Practical Guide

The FTA is the leading international body concerned with tax administration, bringing together the heads of tax administrations from the OECD, members of the G20 and large emerging economies.

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