The President of the Commonwealth Association of Tax Administrators, and Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has said that to enhance tax administration processes, there is a need for increased capacity building among its members.
This was disclosed in a statement, by his Special Adviser on Media, Dare Adekanmbi, on Wednesday in the CATA management meeting held at Marlborough House, Pall Mall, London, according to The Punch
Adedeji argued that, by increasing the capacity of tax officials in the Member States of the CATA, they would be able to cope with the challenges which have hurt the global tax administration landscape.
He noted that the rapid technological progress in taxes presents both opportunities and threats, calling for further adoption of technologies to improve tax processing.
“Furthermore, the rapid advancement in tax technology and digitization has presented both opportunities and challenges for tax administrators worldwide. The discussions surrounding pillars one and two of the Organisation for Economic Cooperation and Development have the potential to redefine international tax rules.
“Additionally, the landmark tax convention resolution at the United Nations Assembly has underscored the importance of international cooperation and inclusivity of all in addressing tax challenges. In light of these developments, it has become increasingly evident that the need for improved and more comprehensive capacity building for CATA members is paramount,” he said.
In addition, The CATA president stressed that to understand the evolution of discussions and contribute to the formulation of transparent and beneficial rules for our respective jurisdictions, Member states need to be well-informed and have the necessary skills.
“Furthermore, the rapid advancement in tax technology and digitization has presented both opportunities and challenges for tax administrators worldwide. The discussions surrounding pillars one and two of the Organisation for Economic Cooperation and Development have the potential to redefine international tax rules.
“Additionally, the landmark tax convention resolution at the United Nations Assembly has underscored the importance of international cooperation and inclusivity of all in addressing tax challenges. In light of these developments, it has become increasingly evident that the need for improved and more comprehensive capacity building for CATA members is paramount,” he said.
Adedeji further said that knowledge and the requisite skills were needed from Member nations, to understand the evolving discussions, as well as play their part in developing transparency and good governance rules for our various jurisdictions.
