OECD: Heads of tax administrations meet, discuss BEPS project implementation

OECD: Heads of tax administrations meet, BEPS

The Organisation for Economic Cooperation and Development (OECD) today issued a release at the conclusion of a meeting of the heads of 49 tax administrations.

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As noted in the OECD release, at the 10th meeting of the OECD Forum on Tax Administration, the heads of the tax administrations discussed implementation of the base erosion and profit shifting (BEPS) project and the common reporting standard (CRS) for the automatic exchange of financial account information, and committed to continued international co-operation in order to address offshore tax evasion and work towards a fairer and more transparent international tax system. Specifically, the discussions focused on three interlocking themes:

  • Effective implementation of the OECD/G20 international tax agenda
  • Building modern tax administrations that effectively respond to the challenges and opportunities of an increasingly digital world
  • Helping build capacity in tax administration so that all countries can benefit from the changes in the international tax landscape 

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