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The Informal Task Force on Tax and Development was created in January 2010 following the Joint Meeting on Tax and Development between the Committee on Fiscal Affairs (CFA) and the Development Assistance Committee (DAC). Its members have since, met in Paris in May 2010 and again April 2011. Co-chaired by South Africa and the Netherlands, the Task Force’s role is to support the Committees in delivering a programme to strengthen tax systems in developing countries.
Task Force members (OECD and developing countries, international and regional organisations, NGOs and business) have identified four areas of work as key for developing countries efforts to mobilise domestic resources:
• State building, accountability and effective capacity development;
• More effective transfer pricing regimes in developing countries;
• Increased transparency in the reporting of financial data by MNEs; and
• Countering international tax evasion/avoidance and improving transparency and exchange of information (supporting the Global Forum on Transparency and Exchange of Information).
The Task Force has now gained further recognition by the G20 as a forum which brings together all the major players in this field.
The Task Force agreed in May 2010 to establish and operate ad hoc sub groups representative of all constituencies to advance the work in three of these areas. The Global Forum on Transparency and Exchange of Information for Tax Purposes leads the work in the exchange of information area to which the Task Force will contribute, but to avoid duplication no sub group was set up.
Proposals and recommendations in these areas were discussed and prioritised during the Second Plenary Meeting of the Task Force held in Paris on 11-12 April 2011. Capacity building in tax administration and increased transparency were the key themes on which next steps in the Task Force’s core areas of work were developed. These proposals will be submitted to the CFA and DAC in June 2011 for consideration and potential implementation through their joint Tax and Development Programme.
The Third Meeting of the Task Force on Tax and Development took place in Cape Town on 9-10 May 2012.
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