Base erosion and profit shifting

OECD and CIAT join forces in promoting stronger tax systems


23/10/2018 – The OECD and the Inter-American Center of Tax Administrations (CIAT) hosted today the high-level event "Base Erosion and Profit Shifting Implementation: Strategic importance, challenges and opportunities" in Lisbon, Portugal.


The purpose of this event was to promote a common understanding of the impact of the BEPS measures developed under the OECD/G20 BEPS Project, focusing on the pivotal role of the Heads of Tax Administrations and decision makers. The event brought together more than 40 tax administration Commissioners, Director Generals and senior officials from CIAT and CREDAF member countries. The discussions focused on the strategic importance of the work on BEPS in the current global tax context, including the importance of political will and open communications with all stakeholders.


The high-profile of the participants fostered enriching discussions about the opportunities and challenges that arise from the implementation of the BEPS measures within their own Tax Administrations, identifying a common ground to mobilise increased domestic resources and enhance the effectiveness of tax systems more generally.


During the event, in a move that showed their efforts to intensify their collaboration, the OECD and CIAT also signed a Memorandum of Understanding (MoU) to continue their co-operation towards promoting fair and efficient tax systems and administrations to strengthen and modernise the international taxation administrative structures.


Marcio Ferreira Verdi, Executive Secretary of CIAT, stated that "international co-operation and the exchange of experiences is fundamental to support the implementation of the BEPS Plan, in Latin America and the Caribbean, there are different success stories, which, like those in other parts of the world, are of great value to strengthen the public revenues of the countries in our region."


 "CIAT is a very important partner and we have a long-standing relationship of mutual benefit. This is just another demonstration of our joint efforts to strengthen the capacities of CIAT member countries in the fight against tax avoidance and evasion. Our joint work is an essential component to engage non-OECD countries in the international tax agenda", said Grace Perez-Navarro, Deputy Director of the OECD's Centre for Tax Policy and Administration.


Media enquiries should be directed towards Grace Perez-Navarro, Deputy Director of the OECD Centre for Tax Policy and Administration (+33 1 45 24 18 80), or Marcio Ferreira Verdi, CIAT Executive Secretary (+507 307 24 28).


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