Financial sector prepares for significant tax changes

Tax experts from leading companies and non-governmental organisations discussed practical issues of transparency and integrity. All the signs point to tax transparency expanding in the near future, whether it’s through mandatory disclosure rules or public country-by-country reporting (CbCR).

Achim Pross, head of the OECD’s International Tax Cooperation and Administration Centre, addressed the conference on how the digital tax reform may impact the FS sector. What the OECD decides to do about the online economy this year will determine the future of international policy for finance and every other industry.

Here, ITR journalists Alice Jones and Danish Mehboob offer a snapshot of the discussions and speeches at the conference.