2024-06-26 06:10:22
The executive session of the twenty eighth Common Meeting of the European Group of Tax Administrations (IOTA) befell within the capital of Hungary, Budapest. A delegation headed by the top of the State Tax Service underneath the Ministry of Economic system, Orkhan Nazarli, took half within the occasion from Azerbaijan.
This was reported to Day.Az on Thursday by the State Tax Service underneath the Ministry of Economic system of Azerbaijan.
The President of IOTA, head of the Nationwide Tax and Customs Administration of Hungary, Ferenc Vagyhely, spoke on the administrative session of the Common Meeting. Saying his presidency in 2023-2024, Ferenc Vaguyheli spoke concerning the work finished throughout this time and the outcomes achieved. Paperwork overlaying IOTA’s actions within the present and medium time period had been then authorised by voting.
On the administrative session of the Common Meeting, Orkhan Nazarli, the top of the State Tax Service underneath the Ministry of Economic system of Azerbaijan, was elected to the place of IOTA president for 2024-2025. Through the session, members of the IOTA Govt Council for 2024-2025 had been additionally elected. Belgium, Estonia, Finland, Hungary, Romania, Switzerland and Sweden might be represented on the Govt Council.
Orkhan Nazarli, who spoke on the session, spoke about present tendencies and challenges within the worldwide tax system, precedence areas for the event of tax administration for the medium time period. It was famous that tax administration is a dynamic space requiring excessive competence, consciousness and strategic approaches.
The pinnacle of the service emphasised that lately there was a sure transformation in tax methods on account of globalization and digitalization. On the worldwide stage, this transformation requires the group of an ideal and fashionable tax system, strengthening the cooperation of tax administrations in response to challenges.
Orhan Nazarli knowledgeable the contributors concerning the plans, mentioning that the State Tax Service will function the appearing president of IOTA for the primary time. He famous that within the coming interval it’s deliberate to mobilize all efforts to extend the effectivity of cooperation throughout the framework of IOTA.
Orhan Nazarli famous the significance of rigorously monitoring fashionable tendencies to be able to introduce efficient mechanisms by tax administrations. Stating that particular consideration might be paid to the implementation of the targets outlined within the IOTA technique for 2023-2027, the top of the State Tax Service emphasised that strengthening the capability and capability of the Meeting might be one of many essential priorities.
Noting that the subsequent IOTA Common Meeting might be held in Azerbaijan, the top of the service invited all contributors to take an energetic half within the occasions and deliberate initiatives that might be organized within the nation.
Then the IOTA flag, thought of an emblem of the presidency of the group, was introduced by the top of the Nationwide Tax and Customs Administration of Hungary, Ferenc Vaguyhely, to the top of the State Tax Service of Azerbaijan, Orhan Nazarli.
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