□ The Tax Programme, OECD Korea Policy Centre (Director General: CHO, Kyu Bum) hosted the 81th Tax Seminar on Advanced Auditing Small and Medium Enterprises on 4-9, November, 2013 at CenterMark Hotel in Seoul, Korea.

□ Tax officials from 14 non-OECD economies including Federation of Russia, India, Philippines, and Vietnam gathered to gain a sound understanding of tax audits at an advanced level and garner a comprehensive toolkit for managing and auditing small and medium enterprises.

  ㅇ The seminar served as an opportunity for 23 tax officials to strengthen their practical abilities through case analysis and studies provided and led by experts from the OECD, Australia, and the United Kingdom.

Main Issues of the Seminar

□ Main issues dealt at the seminar are as follows:

    ㅇ Managing Tax Non-compliance Risk

    ㅇ Audit Theory and Audit Process

    ㅇ Managing the Tax Audit Function

    ㅇ Reducing Opportunities for Non-compliance in the Underground Economy

    ㅇ Role of IT Systems in Systemic Voluntary Compliance

□ Three experts, Ubaldo Gonzales (OECD), Lester Carney (United Kingdom) and Ash Khera (Australia) shared practical experiences and know-hows to strengthen the working capabilities of the seminar's participants.

Closing Ceremony & Experiencing the Korean History and Culture

□ Participants were able to not only strengthen their practical capabilities but also gain much interest toward auditing small and medium enterprises. They also showed sincere appreciation to the KTC and its members for hosting and managing the event.

  ㅇ On Saturday, participants went on a study tour to visit places such as Changdeok Palace, N-Tower, and Namdaemoon Market which helped the participants further learn and deepen their understanding about the Korean culture and history.

Tax Programme, OECD Korea Policy Centre