BUREAU of Internal Revenue (BIR) Commissioner Kim Henares has been appointed to be part of a United Nations (UN) committee of experts on international cooperation in tax matters.
UN Secretary General Ban Ki Moon personally conveyed Henares’ appointment to Finance Secretary Cesar Purisima, her immediate superior.
Henares’ committee is responsible for exploring ways on facilitating the conclusion of tax treaties between developed and developing countries and for promoting international cooperation among tax authorities.
She welcomed her appointment to the committee as an opportunity to advance the interest of developing countries in the formulation of tax treaty commentaries and recommendations.
“Globalization does not just create opportunities for doing business, it also creates risks for tax evasion and base erosion. Unlike advanced countries, we lack the capacity to tackle complicated cross-border tax problems” Henares said.
“It is important to have this platform and be part of this body where developing countries are given special attention in dealing with these issues,” she added.
Her appointment as a member of the UN Committee of Experts on International Cooperation in Tax Matters in accordance with economic and social council (ECOSOC) resolution started in October and will end on June 30, 2017.
The UN committee is composed of 25 tax experts and senior tax administrators from 10 developed and 15 developing countries and economies in transition.
According to the Department of Finance, tax agencies especially from developing countries like the Philippines face serious challenges in enforcing laws and collecting taxes from cross-border transactions.
Before being appointed to the UN committee, Henares has been active in international dialogues on Base Erosion and Profit Shifting and exchange of information where she has been very vocal about the challenges by developing countries in implementing global standards on tax transparency and fairness.