Azerbaijan To Lead IOTA For First Time
Date
6/23/2024 7:36:18 AM
(MENAFN- AzerNews)
The head of the State Tax Service under the Ministry of Economy
of Azerbaijan, Orkhan Nazarli, was elected president of the
Intra-European Organization of Tax Administrations (IOTA) for
2024-2025.
According to Azernews, the vote took place during the
administrative session of the 28th IOTA General Assembly in
Budapest (Hungary).
Based on the voting results, a new composition of the IOTA
Executive Council for the next two years was also formed. It
included Belgium, Estonia, Finland, Hungary, Romania, Switzerland
and Sweden. Azerbaijan headed the Executive Council.
During his speech, the head of the State Tax Service, Orkhan
Nazarli, spoke about modern trends and challenges of the
international tax system, and priority areas for tax administration
development in the medium term.
Against the backdrop of globalization and digitalization, tax
systems are experiencing a new stage of transformation, which
requires the organization of a perfect and modern tax system at the
international level and strengthening cooperation between tax
administrations.
Orkhan Nazarli emphasized that in the coming period, it is
planned to mobilize all efforts to increase the efficiency of
cooperation within the framework of IOTA. Particular attention will
be paid to the implementation of the goals of the IOTA strategy for
2023-2027, strengthening the capacity and increasing the
capabilities of the General Assembly.
The next meeting of the IOTA General Assembly will be held in
Azerbaijan.
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