17-18 April 2014
The OECD Global Forum on VAT is a platform for a global dialogue on international VAT standards and key issues of VAT policy and operation.
More than 250 high-level representatives of around 100 countries, jurisdictions, international organisations, businesses and academia attended the second meeting of this Global Forum in Tokyo on 17-18 April 2014.
The main outcome of this meeting was the endorsement by the Global Forum participants of a new set of OECD International VAT/GST Guidelines (OECD 2014) as the the first internationally agreed framework for applying national VAT rules to cross-border transactions. The endorsement of these Guidelines was welcomed as a big step towards reducing double taxation and under-taxation in trade (read the Statement of Outcomes).
Discussions at the second meeting of the Global Forum further focussed on the key global VAT policy trends and developments, the equity impact of VAT reform and on strategies for tackling VAT fraud.