CATA recently collaborated with the OECD to host two virtual regional consultations for tax policymakers on base erosion and profit shifting (BEPS). The first event, which CATA and the OECD co-hosted with the Caribbean Organisation for Tax Organisations (COTA), took place on 3rd June 2021. The second consultation was held one week later and was organised by CATA, the OECD, the Pacific Island Tax Administrators Association (PITAA), the Asian Development Bank (ADB), and the Study Group on Asian Tax Administration and Research (SGATAR).
The aim of consultations was to gather feedback on the report mandated by the G20 on progress made by developing countries in strengthening capacity through their participation at the G20/OECD Inclusive Framework on BEPS, and to identify possible areas where domestic resource mobilisation efforts could be further supported. The meeting also discussed the progress towards consensus-based long-term solutions to the tax challenges of the digitalisation of the economy.