Saint-Amans to lead debate on tax transparency
International Tax Review is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Saint-Amans to lead debate on tax transparency

psa.jpg

Pascal Saint-Amans, director of the OECD’s Centre for Tax Policy and Administration, will tell companies, activists, authorities and advisers about the need for greater transparency.

In his keynote speech to open International Tax Review’s Tax & Transparency Forum in London on May 2, Saint-Amans will argue that more than ever in the economic climate, tax policies must ensure revenue collection while favouring growth, promoting employment and reducing inequalities.

“In that context, tax compliance is key to ensure that revenue is effectively collected from those who owe the tax to guarantee the fairness of tax systems,” Saint-Amans told International Tax Review.

Saint-Amans said that in the globalised economy, tax sovereignties offer opportunities and risks. Tax cooperation is a key factor to protect sovereignty and ensure better compliance.

Saint-Amans believes that in the international tax field, the challenges are related to the lack of transparency of a number of jurisdictions, the risk of illegitimate profit shifting to low tax jurisdictions via the misuse of corporate vehicles or the abuse of transfer pricing rules, as part of aggressive tax planning.

“The OECD has been engaged in promoting compliance in the context of better tax policies and more efficient tax administrations,” says Saint-Amans. “Many projects are underway which are now increasingly incorporating the needs and the views of emerging and developing countries.”

Among other initiatives, he will tell delegates about the OECD’s action on promoting transparency and exchange of information through the Global Forum peer reviews, Multilateral Convention, and the promotion of automatic exchange of information. He will discuss adapting transfer pricing rules to make them more implementable, in particular by developing countries, and more stringent as regards the location of intangibles.

He will also talk about providing tax administrations with instruments to better address aggressive tax planning and capacity building in developing countries through the task force on tax and development.

The Forum is free to attend for tax directors and NGOs. For a full programme and details of how to register, click here.

FURTHER READING:

EXCLUSIVE: Why tax justice campaigners and the OECD are not seeing eye to eye

Pascal Saint-Amans finds his stride in Owens’s shoes

more across site & bottom lb ros

More from across our site

Despite the relief, Brazil’s government has also presented a bill which seeks to re-impose a tax burden on companies’ payroll, one local tax specialist told ITR
Jeremy Brown arrives at the firm after a near 16-year career with Deloitte
PwC could elect a woman into the senior leadership position for the first time; in other news, KPMG Australia has extended its CEO’s term
The Senate report into PwC’s scandal is titled ‘The cover up worsens the crime’
Law firms that are conscious of their role in society are more likely to win work, according to a survey of over 23,000 in-house professionals
The firm’s tax business generated a quarter of HLB’s overall revenues in 2023
While successful pillar two implementation will require collaboration across all units, a combination of internal and external tax advice is at the centre of the effort
Binance has also been accused of manipulating foreign exchange rates via currency speculation and rate-fixing
Six individuals should have raised questions over information they received but did not breach professional standards, according to the firm
The partnership of KPMG UK has installed Holt for a second term as CEO and senior partner; in other news, a Baker McKenzie partner has sued the IRS
Gift this article