The OECD and India have announced plans to strengthen ongoing co-operation on tax-related issues through the development of a three-year partnership that will provide greater opportunities for structured dialogue and sharing of information.
The partnership, announced in New Delhi on 13 June by OECD Secretary-General Angel Gurría and Indian Finance Minister Pranab Mukherjee, will build on existing engagements and further enhance Indian participation in the OECD’s global initiatives.
The new tax partnerships was launched in the margins of a 13-14 June high-level conference co-organised by the Indian government and the OECD. The conference, “Adapting Tax Systems and International Tax Rules to the New Global Environment: A Shared Challenged for India and the OECD,” drew 170 officials from India and a dozen other countries.
The three-year programme will broaden existing technical co-operation on tax matters and extend high-level policy dialogue between India, other emerging countries and the OECD. It will also deepen India’s work within the OECD Committee on Fiscal Affairs and its subsidiary bodies, toward the eventual goal of becoming a full participant in the Committee.