OECD will establish an independent foundation, to be up and running by the end of 2013, that will provide international auditing expertise and advice to help developing countries better address tax base erosion, including tax evasion and avoidance. The initiative was championed by Oupa Magashula, Commissioner General of the South Africa Revenue Service, Nhlanhla Nene, South Africa’s Deputy Finance Minister and Pascal Saint-Amans, Director the OECD’s Centre for Tax Policy and Administration.It will be interesting to see the composition of this foundation.
Friday, May 11, 2012
Tax Inspectors Without Borders
OECD wants "to help developing countries bolster their domestic revenues by making their tax systems fairer and more effective." This comes out of The OECD’s Task Force on Tax and Development: