National Tax Service Expands 'Tax Cooperation Network'... Discusses Collaboration at OECD Heads of Tax Administration Meeting
Commissioner Im Kwanghyun Attends OECD Heads of Tax Administration Meeting
Emphasizes Achieving Tax Justice Through Tax Arrears Management and International Collection Cooperation
The National Tax Service announced on November 20 that it attended the 18th Organisation for Economic Co-operation and Development (OECD) Heads of Tax Administration Meeting, held in Cape Town, South Africa, from November 18 to 20, to discuss ways to strengthen tax cooperation networks with various countries.
The OECD Heads of Tax Administration Meeting is a gathering of heads of tax authorities under the OECD, established to discuss major issues in tax administration. This year’s meeting was attended by heads of tax authorities from 54 countries, including France, Canada, and China, as well as representatives from three international organizations, such as the International Monetary Fund (IMF) and the OECD.
Kwanghyun Lim, Commissioner of the National Tax Service (center), attending the 18th Organisation for Economic Co-operation and Development (OECD) Heads of Tax Administration Meeting held in Cape Town, South Africa. National Tax Service
View original imageKwanghyun Lim, Commissioner of the National Tax Service, who attended the meeting, emphasized to his counterparts from other countries the importance of cooperation in tax collection management, and discussed practical measures for supporting overseas enterprises and strengthening tax administration cooperation. In particular, Commissioner Lim highlighted the role of the OECD Tax Debt Management Network in establishing effective response systems against the concealment of assets abroad during a focused discussion on tax debt management. This network, operating under the OECD Heads of Tax Administration Meeting, is a collaborative organization where tax authorities from different countries share experiences and best practices in the areas of tax debt and tax claim recovery.
Commissioner Lim also held bilateral meetings with major countries such as France, New Zealand, and Belgium to discuss ways to enhance the effectiveness of tax collection cooperation, including the signing of memoranda of understanding (MOUs), and agreed to pursue closer and more active collaboration in the future. Previously, during the Asia-Pacific Heads of Tax Administration Meeting (SGATAR), Commissioner Lim had signed an MOU on tax collection cooperation with Australia.
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Commissioner Lim also requested continued attention and support for Korean companies. He discussed with his counterparts practical measures to help companies, such as expediting the resolution of double taxation issues through the activation of mutual agreement procedures under tax treaties. In particular, with countries such as Saudi Arabia, Slovakia, and Hungary-where Korean companies have recently been expanding their presence and where potential demand for tax administration support is increasing-he agreed to further strengthen cooperation between tax authorities, including establishing communication channels to support Korean enterprises operating abroad.
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