IOTA and OECD Jointly Organised the Next Regional Consultation on International Tax Matters for Eurasia

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Intra-European Organisation of Tax Administrations (IOTA) and the Organisation for Economic Co-operation and Development (OECD) successfully co-hosted the next regional consultation on international tax matters on 30th May 2022. This consultation followed the January consultation on the developments of the Two-Pillar Solution to address the tax challenges of digitalisation.

OECD in partnership with IOTA continues organising a series of regional consultations to provide information, support active engagement and gather feedback from relevant stakeholders on matters of critical importance to the international tax agenda and discuss the ongoing work of the OECD. These regional consultations, held in a virtual format, are aimed at addressing international tax issues and urgent topics that tax administrators and policymakers are confronted with.

Welcome remarks by Alix Perrignon de Troyes (Executive Secretary, IOTA) and Ben Dickinson (Head of Global Relations and Development, Centre for Tax Policy and Administration, OECD) set the floor for the meeting, which brought together 185 government officials from 45 jurisdictions (IOTA members, as well as members and non-members of the Inclusive Framework) from the Eurasia region.

The OECD Secretariat provided an update on the work regarding the Two-Pillar Solution to address the tax challenges arising from the digitalisation of the economy, based on the latest public consultations documents released.

Participants were also informed about a new OECD work to help jurisdictions analyse the impact of Pillar Two measures on their tax incentives and understand the opportunities this can present to raise revenue.

Additionally, the OECD Secretariat presented the work carried out with regard to the economic impact assessment resulting from the implementation of the measures developed under Pillar One and Two.

The last session of the meeting covered Tax Inspectors Without Borders (TIWB) programmes and their role in assisting the implementation of international standards. There was also a brief update on the work of OECD and IOTA in implementing their respective capacity-building initiatives.

Participants took the opportunity to ask questions and seek clarification on the presented topics. They were also invited to reply to live poll questions during the presentations to gather feedback on the topics under discussion as well as to highlight areas of concern and identify areas/issues of priority for participating jurisdictions.

The event was co-chaired by Eugenijus Soldatkovas (Manager of IOTA Work Programme) and Laura Stefanelli (Tax Adviser of the Centre for Tax Policy and Administration at OECD).

IOTA and OECD expressed their continued support to the organisation of these consultations for the benefit of the tax administrators and policymakers of the region as more opportunities will arise for following on the developments on the Two-Pillar Solution to address the tax challenges of digitalisation and having their input and feedback, which is greatly needed.

Presentations and other material from the event are available for registered IOTA website users on the event’s webpage.