Home Taxation FIRS’ Chairman advocates capacity building among CATA members
Taxation - April 29, 2024

FIRS’ Chairman advocates capacity building among CATA members

 From left, Chairman of the Commonwealth Association of Tax Administrators (CATA) and head of Malaysia’s Tax Authority, Abu Jamaludddin; CATA President and chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji; Executive Director of CATA, Esther Koisin, during a management meeting of CATA held at the Marlborough House, Pall Mall, London, on Wednesday.
Photo credit: FIRS Media Unit

 

Victor Ojii,

President of the Commonwealth Association of Tax Administrators (CATA) and chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has advocated the need for increased capacity building to enhance tax administration processes among members of the global body.

A statement by the chairman’s Special Adviser on Media, Dare Adekanmbi, indicated that the tax administrator made the call on Wednesday in his remarks at the opening of the CATA management meeting held in London.

He explained that expanding the capacity of tax personnel of CATA member countries would empower them to deal with the challenges that have negatively impacted the tax administration landscape globally.

The management meeting had in attendance tax administrators from the United Kingdom (His Majesty Revenue and Customs), Canada, Australia, Malaysia, Barbados, Papa New Guinea, Ghana, Lesotho, Maldives, Uganda, Mauritius, Nigeria, and others.

The CATA president, who also called for further adoption of technology in improving tax processes, however, noted that rapid advancement in tax technology presents both opportunities and threats.

He expatiated: “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 (OECD) have the potential to redefine international tax rules.

“Additionally, the landmark tax convention resolution at the United Nations (UN) 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.

“It is imperative that we equip ourselves with the knowledge and skills necessary to understand these evolving discussions and contribute to the formulation of transparent and beneficial rules for our respective jurisdictions.

“Moreover, we must be prepared to effectively implement these rules once they are concluded, to ensure their successful integration into our tax administration frameworks and maximize the benefit they will bring”, Adedeji added

OECD Pillars 1 and 2 deal with how to expand tax revenue annually based on the profit thresholds of companies that do not operate physically in countries but make sales from such countries through digital platforms or other means.

The CATA president commended the management committee and members who had agreed to host the body’s programs in 2024, describing such commitment as a testament to the devotion to the success of the association’s strategic plan.

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