The Organisation for Economic Cooperation and Development (OECD) has developed a framework that aims to support domestic resource mobilisation by countering illicit financial flows (IFFs) and improve tax systems to boost revenue capture.
The Tax Crime Investigation Maturity Model is essentially a framework against which tax authorities can determine how mature their anti-tax-crime measures are.
Self-assessment tool
The framework enables jurisdictions to self-assess their capabilities to investigate tax crimes and facilitate their tax compliance efforts through capacity building.
It presents four progressive levels of maturity – emerging, progressing, established and aspirational – to show how enforcement capabilities are enhanced through continuous process improvement and the application of sound principles.
At higher levels of maturity, the tax crime investigation regime is effective, supports the integrity of the tax system, facilitates domestic resource mobilisation and counters IFFs.
Voluntary exercise
The OECD says self-assessment is purely a voluntary exercise and the model does not set any new global minimum standards which jurisdictions are expected to follow.
Rather, it analyses howa jurisdiction can mature in its ability to fight tax crimes, rather than simply describing whatoccurs within the tax crime investigation regime.
The OECD’s Tax Crime Investigation Maturity Model (in English, French and Spanish) can be downloaded from here.
Categories: Trade Based Financial crimes News
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