First Capacity Building Workshop of the BRITACʘM held in BRITA-Yangzhou
The first training session of the Belt and Road Initiative Tax Administration Capacity Enhancement Group (BRITACEG) was held at the Belt and Road Initiative Tax Academy (BRITA)-Yangzhou on May 27. It was attended by nearly 30 officials from tax administrations and finance departments of 13 jurisdictions including Kazakhstan, Nepal, Tajikistan, Ukraine, and Hong Kong (China).
The first Conference of the Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) was held by the State Taxation Administration (STA) of China in Wuzhen, Zhejiang Province, where the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACʘM) was officially launched. The BRITACʘM consists of the Council, the Secretariat, the BRITACOF and BRITACEG. Four BRITAs will be set up in Nur-Sultan of Kazakhstan, Beijing, Yangzhou and Macau Special Administrative Region of China respectively in a bid to enhance tax administration capacity of the Belt and Road jurisdictions through tax-related trainings, research and technical assistance programs by giving full play to their existing training institutions and distinctive expertise. BRITA·Yangzhou, based in the National Tax Institute of the STA, boasts rich experience in training programs, and thus takes the lead in hosting such events.
With "Tax Dispute Resolution against the Backdrop of Globalization" as its theme, the first training session discussed the reformation of administration approaches, the latest trend of dispute resolution mechanisms in the Base Erosion and Profit Shifting (BEPS) project, and the prevention and settlement of cross-border tax disputes.
This training session unveiled the march of its participants of the BRITACʘM towards enhanced tax administration capability, improved tax service and modernized tax administration systems that contribute to sustainable and inclusive economic growth, said an official from the Secretariat of the BRITACʘM.