On 3-5 October 2023, IOTA had the pleasure of organising the Forum on Tax Debt Management “Tax Debt Management between a Rock and a Hard Place”, as the first hybrid event of the IOTA Work Programme 2023 autumn’s activity. The Forum took place in Budapest, Hungary, and brought together over 50 tax officials from 26 IOTA member administrations in person and more than 80 attendees digitally in order to learn more about strategies, working plans, and tailored approaches to decreasing tax debts in the period of global crises. Additionally, it was an absolute honour to welcome to the event guest speakers from our international partner organisations, the European Commission and the OECD.