New OECD Papers on Important Tax Compliance issues

As part of efforts to assist both members and non-member countries deal more effectively with tax non-compliance, the OECD’s Committee on Fiscal Affairs recently approved a number of guidance and information notes dealing with important tax compliance risk management topics.

These notes, which were prepared by the Forum on Tax Administration Compliance Sub-group, include:

1. Managing and Improving Tax Compliance
2. Audit Case Selection Systems
3. Use of Random Audit Programs
4. Progress with the Development of Internet Search Tools for Tax Administration.

The guidance note ‘Managing and Improving Tax Compliance’ is the centrepiece of this recent work and provides a step by step description of a strategic process for the identification, assessment, and treatment of tax compliance risks, and associated monitoring and evaluation activities required to gauge the effectiveness of the treatment strategies implemented. The guidance note includes many practical examples drawn from revenue authorities in member countries to illustrate particular approaches and their impacts.