The 106th OECD Tax Seminar has
been held in Seoul from March 12th to 15th by the Tax
Programme of the OECD Korea Policy Centre. The topic was ‘How Tax
Administrations Cooperate and Exchange Information’ reinforced and highlighted
in recent years as much as international cooperation becomes more substantial
in the field of international taxation.
<Ms. Ana Rodriguez-Calderon>
<Ms. Anne Margaret Gormley>
<Mr. John Nicols>
<Mr. Olivier Affouard>
<Ms. Soojin Lee>
The workshop has mainly focused on
international developments related to tax information exchange instruments and
the multilateral convention on administrative assistance in tax matters in all
forms of tax cooperation to tackle tax evasion and avoidance.
Five experts from OECD, IBFD, and its member
countries have joined the event to provide lectures and discuss key issues in
regard to tax administrations’ cooperation and the way of exchanging
information. In response to recognition of the important topic and experienced
experts, medium to higher managers from tax authorities in Asia and Africa have
come to the seminar to improve knowledge and develop network through various
lectures and discussion.


Through the seminar, experts has given lectures
about identification of the compliance challenges posed globalization and BEPS
Action 13 (CbCR) and Common reporting standards, and JITSIC. With active
participation in lectures and debate sessions, participants has improved the
understanding of the legal, administrative and technological arrangements,
bilateral and multilateral to facilitated tax administration cooperation beyond
borders.


These are the detailed subjects dealt with
during the seminar.
- Taxes in the globalized economy: the
issues
- The
architecture for international tax cooperation
- Cooperation
architecture in Participant Jurisdictions
- Managing tax risks by Multinationals
- Managing compliance risks by
Tax Administration
- International
joint risk analysis
- Transparency
and MNEs
- Co-operative
compliance
- Country by country reporting (BEPS Action 13)
- The international standard on Exchange of Information
on Request
- The Common Reporting Standards for
Automatic Exchange of financial account information and IT resources in Tax
Administration
- Confidentiality
to ensure the taxpayer’s rights in the international environment
Also, they have taken a Seoul
city day tour, provided by the KTC, to explore the beauty and dynamics of
Korea.