The OECD's Task Force on Tax and Development met in Seoul, Korea, on 30-31 October 2013. Governments, international and regional organisations, civil society and business representatives reviewed progress made since the previous meeting in South Africa in 2012 and explored further ways to help developing countries better mobilise their domestic resources.
Summary of immediate actions and deadlines:
- A Task Force meeting dedicated to BEPS in March 2014 to inform a written submission into the BEPS project, by June 2014. Regional Africa and Latin America information sharing and consultation events will be held in early 2014.
- An update on scaled-up support to developing countries from the joint OECD, World Bank and EC transfer pricing programme, by mid-2014. A scoping paper on transfer pricing comparability issues, by March 2014.
- Tax Inspectors without Borders: A practical Toolkit to support the sustainability of this project by February 2014 and a report, by June 2014, covering pilot projects.
- A report to input into the Global Forum and the G-20 Development Working Group on the opportunities and constraints facing developing countries in undertaking automatic exchange of information for tax purposes, by mid-2014.
- Further reviews of tax incentives in developing countries on a demand-led basis and a knowledge sharing event on tax incentives will be planned for 2014.
- The Secretariat will work with the OECD to mobilise possible resources for new work on illicit financial flows, natural resource taxation and revenue statistics, bearing in mind the need for prioritisation. Progress will be reported back by mid-2014.
Bron: OECD
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