Another 11 tax authorities from Italy, Greece, Iran,

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Another 11 tax authorities from Italy, Greece, Iran,

Saudi Arabia and New Zealand, among others, joined the mechanism as observers, and will have advisory roles.

Expanding tax dispute resolution activities, increasing transparency, streamli

ning compliance and digitizing filing are some of the key tasks that the mechanism will

act upon going forward. To help facilitate these goals, an office will be opened in Beijing.

Members agreed that the mechanism is in response to calls by

G20 leaders for a fair, transparent and modern tax system that ultimately contrib

utes to the fulfillment of the United Nation’s 2030 Agenda for Sustainable Development.

Wang Jun, commissioner of China’s State Taxation Admin

istration, was elected chairman of the mechanism‘s council. He suggested that mem

bers jointly enhance tax administration capacity and build a growth-friendly tax environment.

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