Heads and representatives of 46 Tax Administrations gathered in Santiago, Chile on 26-28 March, 2019 for the 12th Plenary meeting of OECD Forum on Tax Administration (FTA). The meeting brought together over 140 delegates, including IOTA representative Eugenijus Soldatkovas, Manager of IOTA Work Programme.
This year’s Plenary focused on delivering on BEPS and tax certainty, improving tax cooperation, supporting the continued digitalization of tax administrations, and building capacity for developing countries.
A small exhibition of innovative tools took place on the second day of the event where the use of innovation and latest technological developments in tax administration were showcased by Australia, Chile, Hungary, Norway, Russia and Spain.
During the Plenary meeting the OECD FTA members agreed:
- to ramp up work on tax certainty, including through 17 FTA members participating in the second phase of the pilot on the International Compliance Assurance Programme (ICAP) with more actively considering,
- to support policy makers in the development of new standardised reporting requirements to facilitate international exchange of information on those selling goods and services through the sharing and gig economy,
- to pursue collective work on the effective use of the vast amount of information on offshore accounts currently being exchanged under the OECD/G20 Common Reporting Standard,
- set out in concrete and practical terms a digital vision for Tax Administration 2030 and to help reduce compliance burdens for small and medium sized enterprises through the use of new technologies.
Also, in the margins of the 12th OECD FTA Plenary meeting, a side meeting was organised among the representatives of Revenue Department of International Monetary Fund, OECD FTA Secretariat, IOTA Secretariat and CIAT in order to discuss the possibilities for a joint collaboration on the development of online training courses in tax administration.