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Adedeji Advocates Global Tax Reform

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In today’s rapidly evolving economic landscape, executive chairman of the Federal Inland Revenue Service (FIRS) and President of the Commonwealth Association of Tax Administrators (CATA), Dr. Zacch Adedeji, has stressed the need for global tax reform for effective tax administration as a linchpin for stability and growth.

Adedeji stated this during the recent CATA Management Committee meeting held in London, while delivering a poignant address, underlining the urgent need to bolster capacity within tax administrations of CATA member-countries.

His resolute focus on the issue signals a proactive approach towards confronting the ever-evolving challenges in the global tax arena.

Adedeji underscored the vital role of effective tax administration in fostering stability and growth in today’s dynamic economic landscape.

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His proactive stance highlights the urgency of enhancing capacity within tax administrations of CATA member countries to address evolving challenges.

In navigating technological disruption and regulatory complexities, Adedeji advocated for equipping tax personnel with necessary skills and knowledge, aiming for transformation rather than mere adaptation.

His advocacy extends to leveraging cutting-edge technology to optimize tax processes, recognising the opportunities and challenges presented by rapid advancements in tax technology and digitization.

Adedeji’s active participation in global discussions, including those at the Organisation for Economic Cooperation and Development (OECD) emphasises the importance of collaborative efforts in shaping equitable global tax regulations.

Through his leadership, CATA solidifies its position as a pivotal player in global tax administration, fostering excellence, innovation, and collaboration. Aligned with President Bola Tinubu’s vision for ‘Renewed Hope’, Adedeji drives initiatives aimed at uplifting Nigerians and reshaping the international tax landscape.

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Under his stewardship, CATA’s diverse membership, spanning 47 countries, is poised to catalyze transformative change in tax administration, promoting efficiency, transparency, and inclusivity worldwide.



Source link: Leadership

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