First Regional Consultation for Latin America and the Caribbean on the fight against Tax Base Erosion and Profit Shifting (BEPS)
On February 27 and 28, sponsored by the Tax and Customs Directorate of Colombia (DIAN), the CIAT and the OECD, the first regional consultation for Latin America and Caribbean on BEPS was held in Bogota; the main purpose was to inform developing countries about the general and specific aspects of the BEPS action plan and involve the countries of the region in the respective tasks.
During the meeting, within the context of Latin America and the Caribbean, relevant aspects regarding tax policy and administration were discussed; the bases of the BEPS project and the elements of the Action Plan were presented, discussions were held with representatives of NGOs and the civil society, in particular on BEPS aspects of substance, transparency and consistency, as well as horizontal measures provided by the project. In addition, the Global Forum on Transparency and Exchange of Information presented and discussed with participants the recent standard on Automatic Exchange of Financial Information.
The event brought together 78 participants from 15 countries of Latin America and the Caribbean, as well as representatives from 10 regional and international organizations including the OECD, the OECD in Korea, the OECD Global Forum on Transparency and Exchange of Tax Information , IMF, CIAT, G20 , USAID, ITC , IDB, COSEFIN , GIZ and the Commonwealth of Nations . Also participated Organizations representing the business world (BIAC, through regional and Colombians partners such as Repsol , Unilever and the National Industrial Association – ANDI) and the civil society (including: TUAC , TJN , BEPS Monitoring Group, Global Alliance for Tax Justice and Latindadd ) .
The meeting was co -chaired with the DIAN of Colombia and the CIAT, in coordination with the OECD Centre for Tax Policy and Administration; they have jointly developed a document that summarizes the most important aspects of the discussion, which can be accessed at: http://www.oecd.org/tax/beps-regional-consultations-asia-latin-america.htm
For more information please contact Mr. Gonzalo Arias garias@ciat.org
Participants
Group Photo