A Week in Review

FTA Update

For those of you keeping an eye on what is happening at an OECD level, particularly with the BEPS and AEOI projects, the 11th OECD Forum on Tax Administration (FTA) was recently held in Oslo and attended by representatives from 50 advanced and emerging tax administrations, including our own Naomi Ferguson.

The below link will take you to the appropriate OECD webpage where you can find further detail of items discussed (including various document releases), however the primary themes of this year’s forum were:
–  Supporting the OECD/G20 international tax agenda, in particular through implementing automatic exchange of information (AEOI), the BEPS outcomes and actions to enhance tax certainty.
–  Improving compliance through work on the shadow economy and a future focus on the effective use of data, including from online intermediaries in the sharing economy.
–  Building the tax administration of the future with a focus on digital services and delivery, and supporting wider capacity building in developing countries, core to achieving the Sustainable Development Goals, including through assistance on the implementation of BEPS and automatic exchange of information.

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