The Forum of Tax Administration (FTA), the 53 leading global tax administrations, has agreed to focus on tax certainty, enhancing tax co-operation and the collective challenges of digital transformation.

FTA chair and head of the Norwegian Tax Administration Hans Christian Holte said: “FTA members collectively bring in over EUR 11 trillion for government revenue. Our Plenary meeting in Chile showed our collective determination to progress an ambitious and strategic work programme to enhance global tax administration, improving tax certainty, international co-operation and lead the way on providing better taxpayer services."

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 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.

OECD Centre for Tax Policy and Administration director Pascal Saint-Amans said: “There is a huge international agenda to ensure fair and effective taxation of multinationals and individuals operating across borders, while delivering enhanced tax certainty to promote growth and investment.

“Tax administrations sit at the heart of this. The Plenary demonstrated the FTA's resolve to take concrete actions to support the international agenda and to deliver on the high public expectations."

The FTA includes all G20 and OECD members as well as selected advanced and emerging non-OECD economies.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData