3 hrs ago
India Urges Stronger BRICS Cooperation on International Taxation
India asked BRICS countries to work more closely on international taxes.
The discussion focused on how tax authorities can cooperate better.
India said technology can help make tax systems more accurate and easier to use.
Digital tools may also reduce how much decisions depend on individual officials.
India also emphasized the importance of clear rules and strong institutions.
Shared standards and practical tools can help countries work together for a long time.
The speaker said people are important too, including tax officials and young workers.
Building relationships among these people could make cooperation stronger.
India called for stronger cooperation among BRICS countries on international taxation.
The speaker highlighted technology, tax administration and people as key areas for collaboration.
Technology can use data and digital infrastructure to make tax administration more precise and accessible.
Shared governance structures, standards and practical tools can give cooperation a durable institutional foundation.
Investment in tax officials, young professionals and institutional relationships was identified as important to future collaboration.
- Who
- India and tax authorities from BRICS countries.
- What
- A call for stronger cooperation on international taxation and tax administration.
- Where
- At a BRICS tax meeting; the specific location is not specified.
- When
- The year of the BRICS tax track; the exact date is not specified.
- Why
- To make tax administration more precise, accessible and institutionally effective through technology, shared standards and investment in people.
Key facts
- Main issue
- International tax cooperation
- Lead country
- India
- Participating framework
- BRICS
- Key priorities
- Technology, administration and people
- Technology goal
- Use data and digital infrastructure to improve tax administration
- Administrative focus
- Shared governance structures, standards and practical tools
- People focus
- Investment in tax institutions, officials, young people and professional relationships
Quotes
BRICS tax meeting speaker
A female speaker discussing cooperation among BRICS tax authorities
“Technology — the use of data and digital infrastructure to make tax administration more precise, more accessible, and less dependent on the discretionary power of individuals.”
timesnownews.com
Sources
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