CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. Asia-Pac Tax Agencies Agree Cooperation

Asia-Pac Tax Agencies Agree Cooperation

by Mary Swire, Tax-News.com, Hong Kong

01 December 2014


At its recent meeting in Sydney, the 44th Study Group on Asian Tax Administration and Research agreed greater regional cooperation on tax issues.

It will now create a new task force to enable the region to discuss and keep up to date on international developments and issues including base erosion and profit shifting and tax transparency. Discussions during the Study Group focused on the latest developments in international taxation, such as the Organisation for Economic Cooperation and Development's (OECD) new global standard for the automatic exchange of information, and discussions were held on how to deal with developments "collaboratively as a region and develop capability, in order to ensure each jurisdiction receives the correct share of taxation."

The members shared their "knowledge and experiences on the key tax administration issues of globalization and the erosion of the tax base; the operation of multinational entities; the seamless exchange of information and the use of bulk data; and opportunities for capability development across all fields of tax administration."

SGATAR this year brought together almost 200 delegates, including representatives from the Asian Development Bank, Inter-American Center of Tax Administrations, International Bureau of Fiscal Documentation, the OECD, and the World Bank Group. The 45th SGATAR conference in 2015 will be held in Singapore.

SGATAR members: Australia, Cambodia, China, Hong Kong, Indonesia, Japan, South Korea, Macao, Malaysia, Mongolia, New Zealand, Papua New Guinea, Philippines, Singapore, Taiwan, Thailand, and Vietnam.

TAGS: compliance | tax | business | tax compliance | Organisation for Economic Co-operation and Development (OECD) | Australia | China | Macau | Mongolia | Philippines | Singapore | Taiwan | Thailand | tax authority | multinationals | transfer pricing | Cambodia | Guinea | Hong Kong | Indonesia | Korea, South | Malaysia | New Zealand | Papua New Guinea | Japan | Vietnam | Tax

To see today's news, click here.

Leave a comment

Read our Posting Guidelines

 






Close

Password Reminder

Please enter your email address to receive a password reminder.

 

Log into Tax-News+
Not registered yet? Find out about our daily news alert service »

 Email: 
 Password: 

Login »

Forgotten your password?







Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Tax-News+ Updates

Receive FREE daily updates from Tax-News.com, straight to your inbox. Register Now!

For a tailored solution, choose to receive selected news updates for your preferred jurisdictions and topics, with our enhanced Tax-News+ subscriber service. Read more...

 

Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »