Contribution of Economic Organisations to Facilitating Cooperation in the Field of International Taxation

Abstract

International tax cooperation is an essential process in the context of the globalization of economic relations, focusing on how countries work together to address cross-border tax issues and promote effective tax governance globally. This cooperation involves the participation of international economic organisations in processes such as avoiding double taxation, combating tax evasion and aggressive tax planning, exchanging information between tax authorities, and developing international rules and standards to facilitate tax coordination and cooperation. The role and importance of international organisations, such as the Organisation for Economic Co-operation and Development (OECD) and the International Monetary Fund (IMF), in promoting tax transparency and the exchange of information for tax purposes are essential. These organisations contribute by applying and exploring various mechanisms and tools, such as double taxation agreements and information exchange agreements, which facilitate international tax cooperation. Through the initiatives and mechanisms, they promote, international economic organisations support the harmonisation of national tax laws with global standards, thus improving the coordination of tax policies between states. They also contribute to strengthening the administrative capacities of national tax authorities by providing technical assistance and expertise for the effective implementation of these standards. The contribution of these organisations is not limited to the creation of regulatory frameworks; they also act as intermediaries in promoting dialogue and cooperation between states, thereby facilitating the adoption of common solutions to global fiscal challenges. Through these efforts, international economic organisations ensure the stability and equity of international tax systems, contributing to sustainable global economic development. These skills provide them with the tools to navigate and influence international tax policies, thereby contributing to the development of fair and efficient tax systems worldwide. UDC: 339.923:336.227; JEL: F38, H87, H26, K34, F53, F02.