Industry News

Strengthening Tax Compliance through Cooperation

Thursday January 19th, 2012

Category: International Issues, Tax Co-operation

The 7th meeting of the Forum on Tax Administration took place in Buenos Aires on 18-19 January 2012. One hundred and twenty delegates from 45 countries and organisations met at a critical time for tax administrations as they work to help repair the public finances of many countries, while also helping to encourage economic growth. A release from the OECD today advised that the delegates discussed the ways in which tax administrations around the world are meeting this challenge, focusing on an overall theme of how to strengthen tax compliance through closer co-operation. Specific subjects of discussion included the ongoing fight against offshore tax abuses, the relationship between tax administrations and large businesses and initiatives to drive even greater efficiency in tax administration.

The Forum's agreed conclusions are recorded in the Communiqué.

The FTA has become a unique forum for co-operation between revenue bodies at commissioner-level with participation from 43 countries, including every G20 member and selected non-OECD countries. Its stated vision is to create a forum through which tax administrators can identify, discuss and influence relevant global trends and develop new ideas to enhance tax administration around the world.

Originally known as the Forum on Strategic Management, the Forum was created in June 1997 when the Committee of Fiscal Affairs (CFA) recognised the need for a forum where revenue bodies could collaborate and exchange experiences.