Forum on Tax Administration

The OECD's Forum on Tax Administration (FTA) held its annual Plenary meeting in Singapore from 11-13 October 2023, bringing together tax commissioners and delegates from across the globe, including representatives from international organisations, regional tax administration bodies, business and academia. This has been announced in a news release on the website of the OECD. At the meeting, Commissioners agreed on new areas of collaboration to pave the way for transforming the future of tax administration, ...

On June 22, 2022, the Analytics Maturity Model – a report of the Forum on Tax Administration of the OECD in the Maturity Model Series – has been published on the website of the OECD. The OECD Tax Administration Maturity Model Series sets out descriptions of capabilities and performance in particular functions or sets of activities carried out by tax administrations across five discrete maturity levels. The intention of this ...

Tuesday April 5, 2022, the OECD Forum on Tax Administration and eight key partner organisations launched the first phase of a new global Inventory of Tax Technology Initiatives (ITTI) which contains information on the use of leading technology tools and digitalisation solutions implemented by 76 tax administrations across the world. This has been announced on 5 April 2022 with a news release on the website of the OECD. Further from the ...

The OECD's Forum on Tax Administration (FTA) held its 14th Plenary meeting on 16-17 December 2021, bringing together tax commissioners from across the globe as well as representatives from international organisations and regional tax administration bodies. Participants discussed top-of-mind tax administration issues including the implementation of the landmark Two-Pillar Solution, lessons learned from the ongoing responses to the global COVID-19 pandemic, digital transformation and capacity building. This has been announced on 17 December ...

On the website of the OECD, a news release has been published regarding a statement by Bob Hamilton, Chair of the Forum on Tax Administration (FTA) and Chris Jordan, Chair of the FTA’s Joint International Task Force on Shared Intelligence and Co-operation, on the “Pandora Papers” leaks. From the news release: According to the news release, the Forum on Tax Administration and its Joint International Task Force on Shared Intelligence and Co-operation (JITSIC) ...

On 19 July 2021, the report of the Forum on Tax Administration ‘Towards Sustainable Remote Working in a Post-COVID-19 Environment’ was published. This has been announced on the website of the OECD. Furthermore from the OECD-website: The COVID-19 pandemic saw a significant shift among most tax administrations to remote working by many of their staff. As tax administrations consider the shape of the workplace post-pandemic, many are examining the options ...

A new diagnostic tool on enterprise risk management released on 9 February 2021 will allow tax administrations to self-assess their capacity and capability to manage operational risks across their organisation and to identify possible areas for improvement. This has been announced by the OECD with a press release dated 9 February 2021 on the occasion of the release of the OECD-report Enterprise Risk Management Maturity Model of the Forum on ...

Tax administrations are playing a critical role as governments deal with the economic recovery from COVID-19 following an unprecedented global crisis. On 8 December 2020, senior officials from the 53 members of the OECD Forum on Tax Administration, which includes all OECD and G20 members, agreed an ambitious agenda for the next year, focused on enhancing resilience and tax certainty as well as the digital transformation of tax administrations. This ...

On 17 November 2020, the OECD Forum on Tax Administration (FTA) has published a report on Advancing Gender Balance in the Workforce: A Collective Responsibility. This report, developed by the FTA's Gender Balance Network, sets out a range of policies and practices undertaken by tax administrations and their national governments to advance gender balance in the workforce. This was announced by the OECD in a press release dated 17 November 2020. Furthermore ...

As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework), the OECD secretariat is seeking public comments on the 2020 review of BEPS Action 14. This was announced by the OECD in a press release dated 18 November 2020. Furthermore from the press release: Background In October 2015 the final report on Action 14 Making Dispute Resolution Mechanisms More Effective was published, containing a minimum standard (the ...

As part of the BEPS Action 14 minimum standard and the wider G20/OECD tax certainty agenda to improve the effectiveness and timeliness of tax-related dispute resolution mechanisms, the OECD released on 18 November 2020 the latest mutual agreement procedure (MAP) statistics covering 105 jurisdictions and almost all MAP cases worldwide. This was announced by the OECD in a press release dated 18 November 2020. Furthermore from the press release: The 2019 ...

The OECD has released the outcomes of the third phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide, according to a press release dated 24 September 2020 published on the website of the OECD on the occasion of the report “Country-by-Country Reporting – Compilation of Peer Review Reports (Phase 3): Inclusive Framework ...

The OECD has released the outcomes of the third phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide, according to a press release dated 24 September 2020 published on the website of the OECD on the occasion of the report “Country-by-Country Reporting – Compilation of Peer Review Reports (Phase 3): Inclusive Framework on ...

The OECD has released the outcomes of the third phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide, according to a press release dated 24 September 2020 published on the website of the OECD. CbC reporting, one of the four minimum standards of the BEPS Project, requires tax administrations to collect and ...

Thursday 30 July 2020, the Forum on Tax Administration published a report: Tax Administration Responses to COVID-19: Assisting Wider Government. This has been announced with a press release published on the website of the OECD. From the press release: Tax administrations around the globe are taking on new responsibilities to support wider government actions to help address the impacts of the COVID-19 pandemic and support their taxpayers and citizens. Tax ...

Recovery from the profound impacts of the COVID-19 pandemic on people's lives, jobs, businesses and the wider economy is likely to be lengthy, challenging and multifaceted, with tax administrations playing a critical role in restoration planning, according to a new OECD report ‘Tax Administration Responses to COVID-19: Recovery Period Planning’ prepared by the OECD's Forum on Tax Administration (FTA) in co-operation with the Intra-European Organisation of Tax Administrations (IOTA) and ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which notes focuses on managing fiscal risks under fiscal stress. The rapidly evolving macroeconomic and financial conditions will adversely impact public finances globally. Many governments will see their revenues drop and expenditures rise. Also, more of governments’ outstanding contingent liabilities will be realized. Finally, the ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which note focuses on public sector support to firms. Public sector support to firms can help address liquidity or solvency needs during the pandemic and ensure that economies are well positioned to rebound once social distancing measures ease. Support should be timely, targeted, and temporary ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which note provides guidance on how revenue agencies can support governments’ responses to the unprecedented challenges posed by the COVID-19 crisis—by maintaining the operation of the revenue system, implementing governments’ measures to address the crisis, supporting the economy and facilitating trade, and protecting the health ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, which note focuses on the tax law design considerations that should be taken into account when implementing the temporary measures to be adopted in response to the COVID-19 outbreak. The note referred to above is one of a series of notes produced by the Fiscal ...

On the website of the International Monetary Fund (IMF), a note has been published in the Special Series on Fiscal Policies to Respond to COVID-19, in which note the focus is not on general stimulus measures but on immediate, targeted and mostly temporary measures to (i) support health priorities; (ii) secure survival of solvent enterprises; (iii) protect affected individuals; and on (iv) secure or enhance revenue sources into the medium ...

On the website of the OECD a document ‘Government support and the COVID-19 pandemic’ has been published. From the introduction of the document: The economic consequences of the COVID-19 pandemic call for urgent policy responses to support households and firms alike, but how this support is designed will be critical in ensuring that it does not result in enduring global market distortions. Support packages that are time-limited, targeted, cash-based, and ...

On the website of the OECD a document ‘COVID-19 and International Trade: Issues and Actions’ has been published. From the introduction of the document: In an unprecedented global health crisis, trade is essential to save lives and livelihoods; and international co-operation is needed to keep trade flowing. In the midst of significant uncertainty, there are four things we can do: 1) boost confidence in trade and global markets by improving ...

Tax and fiscal policy responses are playing a critical role in limiting the hardship caused by containment measures, and should continue to do so as governments seek to support households and businesses, protect employment and pursue economic recovery from the global pandemic, according to new OECD analysis. ‘Tax and Fiscal Policy in Response to the Coronavirus Crisis; Strengthening Confidence and Resilience’, a report requested of the OECD by the Saudi ...

On the website of the OECD a reference document has been published providing an overview of measures currently being undertaken by a number of tax administrations in connection with the COVID-19 emergency. The document is a joint document of the OECD Forum on Tax Administration, the Inter-American Center of Tax Administrations (CIAT) and the Intra-European Organisation of Tax Administrations (IOTA) and has been produced by the respective Secretariats   from input ...

The OECD Forum on Tax Administration (FTA), in collaboration with the Intra-European Organisation of Tax Administrations (IOTA) and the Inter-American Center of Tax Administrations (CIAT), has published a reference document on critical business continuity considerations for tax administrations in the context of the COVID-19 pandemic. This document is based on input from across the membership of the three organisations. It recognises that the potential duration and severity of the current crisis brings ...

The OECD has posted a document on the website, released up by the Forum on Tax Administration with suggestions on “Tax administration responses to Covid-19: support for taxpayers”. From the document: The Covid-19 emergency will affect the lives of many people around the globe. There are a number of ways that governments and tax administrations can ease burdens on taxpayers and support businesses and individuals with cash-flow problems or with ...

The OECD has published two self-assessment maturity models on tax debt management and the reduction of compliance burdens, both critical areas for successful tax administration. Maturity models set out descriptions of capabilities and performance in a particular function or set of activities across a number of levels of increasing maturity, in the case of these models from an emerging to an aspirational level. These models, the first in a new ...

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide. This was announced in a press release published on the website of the OECD. The report also contains a paragraph regarding Curaçao. Curaçao – summary of key findings Curaçao was first reviewed during the ...

The OECD has released the outcomes of the second phase of peer reviews of the BEPS Action 13 Country-by-Country (CbC) reporting initiative, demonstrating strong progress in continuing efforts to improve the taxation of multinational enterprises (MNEs) worldwide. This was announced in a press release published on the website of the OECD. The report also contains a paragraph regarding Aruba. Aruba – summary of key findings The key findings as summarized in ...