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International Tax News & Updates

OECD Tax Forum collaborates on digital tax reform

12/24/2021

 
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The OECD's Forum on Tax Administration (FTA) held its 14th Plenary meeting on December 16-17, 2021, bringing together tax commissioners from across the globe as well as representatives from international organizations and regional tax administration bodies. Participants discussed top-of-mind tax administration issues including the implementation of the landmark Two-Pillar Solution, lessons learned from the ongoing responses to the global COVID-19 pandemic, digital transformation, and capacity building.
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FTA members agreed to prioritize support for implementation of the Two-Pillar Solution, including through the possible further development of tax certainty tools to help prevent disputes and reduce burdens. They agreed to develop a new strategic framework covering both digitalization and digital transformation to inform both domestic reforms and international collaboration, drawing from the new digital transformation maturity model and the web-based Inventory of Tax Technology Initiatives to be launched in early 2022.

The members also agreed to prioritize tax capacity building initiatives to assist developing countries with the implementation of the Pillars and the further digitalization of tax administration.

​See Announcement

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