Pacific Tax Office Here To Build On International Best Practice
14 years after the idea was first floated in a meeting in Tonga, the Pacific Islands Tax Administrators Association (PITAA) finally opened its Secretariat yesterday.
One of its missions is to be a forum where the tax administration and policy issues most relevant to Pacific island countries can be discussed and were experiences can be shared.
While opening the Suva-based secretariat yesterday Attorney-General and Minister for Economy Aiyaz Sayed-Khaiyum said collaboration was critical for the member countries.
“It is only through the sharing of information and indeed in the present day and age, the sharing of intelligence that is very important to ensure that we all comply with the various international standards – that we keep abreast with international best practices to be able to ensure that our people at the end of the day benefit from those systems.”
With different challenges experienced in the 16 member countries, Head of PITAA Secretariat, Koni Ravono said their role is to enable the countries to adopt and even tailor-make their strategies to suit them.
But as the same time raise their standard to international best practices.
“So through PITAA, it’s an opportunity where we allow island members to come together – share ideas through training and workshops and be able to learn also from the big developed countries that come through the World Bank funding – to come in as facilitators.”
PITAA receives majority of its assistance from the Pacific Financial Technical Assistance Center (PFTA) through capacity building initiatives on core tax functions.
In addition, the PITAA also works with the World Bank Group to provide capacity initiatives on International Tax topics.