The Virtual Seminar on Raising Tax Certainty was held on 12 December 2023. More than 160 representatives from the BRITACOM Council Member Tax Administrations, Observers, the Advisory Board, and business attended the meeting. All participants and speakers contributed to this informative and engaging event.

 

 

Raising tax certainty is of great significance in reducing the business risks and additional tax burdens of taxpayers, and improving tax environment. The virtual seminar aims to promote the research on the topic of raising tax certainty and to provide experiences that could be referenced for the BRI countries.

 

At the seminar, Prof. Dr. Jeffrey Owens, Director of WU Global Tax Policy Center, Vienna University of Economics and Business, and his colleagues Dr. Anastasiya Piakarskaya, and Mr. Timoleon Angelos Christodoulopoulos emphasized the importance of raising tax certainty, called for resolving tax disputes through domestic and international cooperation. Mr. Guglielmo Maisto, Professor of international and comparative tax law at the Università Cattolica di Piacenza, shared his research related to advance tax rulings, mutual agreement procedure and tax dispute resolution mechanisms in the context of Pillar Two. Mr. Lasha Koberidze, deputy chief of the legal department of the Georgia Revenue Service(GRS), introduced the recent progress in tax law transparency, advance tax rulings and tax dispute resolution by GRS. Ms. Zhang Lin, Deputy Chief of Recordation Review Division, Tax Policy and Legislation Department, State Taxation Administration of China presented views in the experiences and practices of China’s tax law formulation, implementation and domestic dispute resolution. Dr. Mekar Satria Utama, Director of International Taxation, Directorate General of Taxes, Indonesian Ministry of Finance shared Indonesia’s experience and practices on tax certainty, including domestic and international tax certainty, advance pricing arrangement, mutual agreement procedure, and possible challenges arising from the implementation of the Two-Pillar Solution for digital economy. Participants were attentive at the conference, actively participated in the online Q&A session and had extensive exchanges with speakers on key topics and issues.

 

More seminars will be organized on the topics listed in Nur-Sultan Action Plan (2022-2024) next year to facilitate communication among BRITACOM parties, and contribute to the building of a growth-friendly tax environment.