Russia and the UAE signed a memorandum of understanding and technical cooperation in tax administration
Daniil Egorov, the Commissioner of the Federal Tax Service (FTS) of Russia, and Khalid Ali Al Bustani, Director General of the UAE's Federal Tax Authority, signed a memorandum of understanding and technical cooperation on the sidelines of a meeting in Manaus which brought together heads and experts of BRICS Tax Administrations.
The parties have identified the following priority areas for cooperation:
⚪Exchanging experience in the digital transformation of tax administration
⚪Developing training programmes
⚪Coordinating work internationally and contributing to the organisation of seminars, sessions, working groups, and working visits related to tax administration
The event also featured presentations on the outcomes of the working groups’ activities. Plans include developing a marketplace for digital solutions (BRICS Tax Collaboration Tool), as well as training courses for employees who directly engage with taxpayers and mid-level managers. According to the Russian FTS, a collection of HR practices and solutions used by BRICS tax authorities will be made publicly available.
The Heads of the #BRICS Tax Administrations also discussed establishing the BRICS Tax Support Network. In addition, the Russian FTS presented a prototype of BRICS Tax Knowledge Hub, an interactive library on taxation across the BRICS countries.
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