The Joint International Taskforce on Shared Intelligence and Collaboration (JITSIC) brings together 38 of the world’s national tax administrations, that have committed to more effective and efficient ways to deal with tax avoidance on a global scale. Members are able to collaborate within the framework of bilateral and multilateral conventions, sharing resources and expertise to address common issues.
How does the JITSIC operate?
The JITSIC provides tax administrations (ATO in Australia) with an efficient platform for information exchange and collaboration. Best practices for engagement amongst tax administrations are developed, enhancing the quality of interactions and reducing the need for tax administrations to negotiate an engagement framework every time they want to collaborate with another country.
JITSIC members must appoint a Single Point of Contact (SPOC) with responsibility for managing the country’s JITSIC interactions.
Who are the members of JITSIC?
The JITSIC is open to all members of the OECD’s Forum on Tax Administration (FTA). The current members are:
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