Tax administrators and revenue management experts from the Caribbean Community (CARICOM) grouping will meet here later this month, the Guyana-based CARICOM Secretariat announced on Wednesday.
It said that 27th General Assembly and Technical Conference of the Caribbean Organisation of Tax Administrators (COTA) will take place from July 27-31 under the theme “Future-Ready CARICOM Tax Administration – Smart, Data-Driven and AI-Enabled for Sustainable Revenue”.
The Secretariat said that the events will bring together representatives of CARICOM member administrations as well as regional and international partners to examine the future of tax administration in an increasingly digital and data-driven world.
It said that the Guyana Revenue Authority (GRA), one of the 24 member administrations of COTA, will host the General Assembly and Technical Conference and that matters for discussion at the Technical Conference include how technology, advanced analytics, and artificial intelligence can strengthen tax administration, improve compliance, enhance taxpayer services, and support efficient and sustainable revenue mobilisation across the Community.
A High-Level Regional Meeting on Tax and Development, which will be held in collaboration with the Organisation of Economic Cooperation and Development (OECD) and other regional and international partners in the taxation arena, will also be held during the week.
The Secretariat said that meeting will provide a strategic forum for dialogue on opportunities and challenges confronting CARICOM economies and their tax systems in an evolving global tax landscape.
”The staging of the COTA 27th General Assembly and Technical Conference, reinforces a shared commitment to build resilient, efficient and future-ready tax administrations that can support sustainable development throughout the Caribbean Community,” the CARICOM Secretariat added. (CMC)