NTO WEBINAR SERIES ON “TAX & CRIME”

FIRST WEBINAR: “ILLICIT FINANCIAL FLOWS - THE IMPACT ON TAX ADMINISTRATION ACTIVITIES AND BEST PRACTICES”

On the 14 October 2020, the Network of Tax Organisations (NTO) will host the first webinar  on “Tax & Crime”. The webinar will focus on Illicit Financial Flows (IFFs), discussing the impact of IFFs on tax administration activities as well as recommendations on best practices pursued by countries.  

During the 4th NTO Council Meeting held in Paris in January 2020, tax and crime was identified as the central topic for the 1st NTO Technical Conference that will take place in Rome in October 2021. While IFFs are known to have a negative effect on political and economic interests of countries, as they undermine the sustainability of public finances and cause wider threats to national security, revenue authorities face significant barriers in addressing this issue. In this context, collaboration between revenue administrations can be crucial – enabling maximised reporting and information sharing on suspected tax and other financial crimes.

In order to broaden the discussions on IFFs, NTO members decided to organise a series of webinars, providing a space for sharing experiences on best practices among an international audience of tax administrations. The first webinar taking place on the 14 October 2020, from 13:30 – 15:00 (UTC) will deal with issues such as identifying and addressing new forms of IFFs, the impact of IFFs on tax administration activities, as well as strategies and preventive measures against the grey economy and financial crimes.

The webinar will introduce the topic of tax and crime, followed by presentations from NTO member tax administrations, a panel discussion along as well as a Questions & Answers (Q&A) session. The webinar will be conducted in English with simultaneous translation to French. For further information on the event, click here.

All tax officials affiliated to NTO member organisations are kindly invited to register and participate. Please contact secretariat@taxcompact.net for further information on the registration procedure.