International organizations announce plans to cooperate on tax issues

Organizations announce plans to cooperate on tax issues

The International Monetary Fund (IMF), the Organisation for Economic Cooperation and Development (OECD), the United Nations (UN), and the World Bank Group (WBG) today announced details of a joint effort to intensify cooperation on tax issues—the “Platform for Collaboration on Tax.”

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As explained in an OECD release, the platform will:

  • Formalize regular discussions between the four international organizations on the design and implementation of standards for international tax matters
  • Will strengthen their capacity-building support, deliver jointly developed guidance, and share information on operational and knowledge activities

Help for developing countries

A major aim of the platform is to better frame technical advice to developing countries as they seek both more capacity support and greater influence in designing international rules.

Among the first tasks will be to deliver a number of “toolkits” designed to help developing countries implement the measures developed under the G20/OECD base erosion and profit shifting (BEPS) project and on other international tax issues. 

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