The OECD, CIAT and the IDB organize regional consultation for Latin America and the Caribbean on matters related to the BEPS Inclusive Framework

On June 1, 2021, the OECD, CIAT and the IDB held a virtual meeting, whose objective was to discuss with officials from the ministries of finance and tax administrations of Latin American and Caribbean countries, the progress of their tax systems with respect to the recommendations of the BEPS Inclusive Framework and recent developments to address the tax challenges of digitalization.

The meeting was attended by more than 80 high-level officials, from 16 countries in Latin America and the Caribbean, alongside officials from the co-sponsoring organizations.

The participants highlighted achievements and raised expectations relating to measures adopted and proposals that are currently under discussion under Action 1 of the BEPS Action Plan (the challenges of digitalization). Likewise, the participants provided feedback on critical aspects, which will make it possible to evaluate the future of the BEPS Inclusive Framework, taking into account the interests of the countries of the region.

CIAT presented aggregated and updated data as of May 2021, on the adoption of recommendations of the BEPS Inclusive Framework by countries of Latin America and the Caribbean. This data will be disseminated through CIATData in forthcoming days.

CIAT appreciates the interest and active participation of the attendants, as well as the constant cooperation of the OECD and the IDB to promote the strengthening of the tax systems of Latin America and the Caribbean.

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