Seminar on horizontal monitoring procedures/cooperative compliance and developments at OECD level for Large Business International Program (LBIT) with respect to Corporate Risk Assessment Initiative (CRAI) and International Compliance Assurance Program (ICAP)

During March 2019, a 5-day seminar was conducted by the experts of IAPR of Hellenic Republic, Mr. Alexandros Roukalis and Mr. Vasilis Iatridis together with the former TP expert of Italian Revenue Agency Mr. Marco Orlandi. The target group of the Ministry of Taxes of the Republic of Azerbaijan was informed about the horizontal monitoring procedures and similar models adopted in EU Member States and other global significant economies. The sessions started by analysing the concept of basic relationship between taxpayers and the tax administration and went on by determining enhanced relationship and its models. The intentions of both the taxpayers and tax authorities were analyzed as well as the matters of conflicting interests between both sides while presenting several horizontal monitoring procedures and similar models adopted in EU Member States and other significant economies, such as Irish, Dutch, Italian, Australian, British, US, and Slovenian models.

Finally, the STEs presented the latest developments with regards to OECD Large Business International Program which consists of three main initiatives i) Corporate Risk Assessment Initiative ii) International Compliance Assurance Program, and iii) Joint Audits.