The heads of tax administrations from 38 countries participated in the Ninth Meeting of the OECD Forum on Tax Administration (FTA) in Dublin, Ireland on 23-24 October 2014. They agreed that ever greater co-operation will be necessary to implement the results of the BEPS project and automatic exchange of financial account information. Specifically, they agreed:
- a strategy for systematic and enhanced co-operation between tax administrations;
- to invest the resources needed to implement the new standard on automatic exchange of information; and
- to improve the practical operation of the mutual agreement process.
The communiqué released at the close of the meeting contains more details and contains links to a number of publications that have just been released by the FTA.
[LTN 207, 27/10/14]