UK tax and development agencies seek to ‘galvanise’ capacity building efforts

A high-level roadmap for revenue reform in developing countries over a period of four to six years will help ensure that external support is coordinated rather than fragmented, but the strategy’s core elements must include social consensus, according to UK tax and development agencies backing the Platform for Collaboration on Tax.

The stated goal of a closed event held in London on May 4 was to “focus and galvanise” international efforts to raise tax revenues in partner countries. The event was hosted by the UK’s Department for International Development, HM Treasury, and HM Revenue & Customs in partnership with the platform, an initiative announced last year by the IMF, OECD, World Bank, and United Nations. Read more:

My news story for Tax Analysts, May 6 (paywall)