## The Platform for Collaboration on Tax Publishes its Progress Report 2020

_IMF News, July 10, 2020_

## Source details

**Canonical URL:** [The Platform for Collaboration on Tax Publishes its Progress Report 2020](https://www.imf.org/en/news/articles/2020/07/10/pr20255-the-platform-for-collaboration-on-tax-publishes-its-progress-report-2020)

## Other formats

- [Markdown version](/en/news/articles/2020/07/10/pr20255-the-platform-for-collaboration-on-tax-publishes-its-progress-report-2020/index.md)
- [Structured JSON version](/en/news/articles/2020/07/10/pr20255-the-platform-for-collaboration-on-tax-publishes-its-progress-report-2020/index.json)
- [Bundle manifest](/en/news/articles/2020/07/10/pr20255-the-platform-for-collaboration-on-tax-publishes-its-progress-report-2020/bundle-manifest.json)

## Bibliographic details
- Published: July 10, 2020

---

### Purpose and scope of the Progress Report 2020
- The Progress Report 2020 provides a snapshot of cooperation among the PCT Partners (IMF, OECD, UN, World Bank) in the area of domestic resource mobilization (DRM), including their responses to COVID-19.
- The report is part of the PCT’s commitment to transparency by making its workplan and outputs publicly available to governments and relevant stakeholders.

### Core workstreams and highlighted activities
- The PCT’s activities since June 2019 are organized under three workstreams:
  - Cooperation and exchange of information in DRM capacity development activities
  - Analytical activities
  - Outreach activities
- Capacity building and knowledge products highlighted:
  - Release of the Toolkit on Taxation of Offshore Indirect Transfers
  - Workshops on the Toolkit on Addressing Difficulties in Accessing Transfer Pricing Comparables Data
  - Public consultations on Transfer Pricing Documentation and Tax Treaty Negotiations
- Medium-Term Revenue Strategy (MTRS):
  - Described as a comprehensive approach to undertaking tax systems reform for boosting tax revenues over the medium term, through a country-led and whole-of-government approach.
  - The PCT Partners have engaged with 23 countries in discussing, formulating, or implementing an MTRS.
  - Country updates are available in the report.

### COVID-19 response and adaptation
- During the COVID-19 crisis, the PCT:
  - Facilitated Partners’ cooperation through blogs and a COVID-19 resource section on its website.
  - Adapted rapidly to a virtual delivery environment to support developing countries in building capacity to mobilize tax revenues.
- The MTRS approach is expected to play a critical role in supporting tax system reforms post-crisis, as countries focus on economic recovery and adjust tax system reforms in the light of new medium-term expenditure goals.

### Outreach platform and data tools
- The recently launched PCT website is highlighted as a global platform to engage stakeholders, especially tax officials from developing countries.
- The website hosts the Online Integrated Platform, described as an extensive database of tax-related projects of the PCT Partners, providing comprehensive information on their capacity development activities in developing countries.
- The PCT Progress Report 2020 can be reached at tax-platform.org.

### Media and partner contacts
- Media queries:
  - IMF: media@imf.org
  - OECD: ctp.communications@oecd.org
  - UN: ffdoffice@un.org
  - World Bank Group: Joseph Rebello, jrebello@worldbankgroup.org

*Source: The Platform for Collaboration on Tax Publishes its Progress Report 2020, Press Release No. 20/255, July 10, 2020*

---


## References

- [Press Releases](https://www.imf.org/en/news/searchnews)
- [IMF COVID-19 Hub](https://www.imf.org/en/Topics/imf-and-covid19)
- [Policy Tracker](https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19)
- [Financial Assistance](https://www.imf.org/en/Topics/imf-and-covid19/COVID-Lending-Tracker)
- [Questions & Answers](https://www.imf.org/en/About/FAQ/imf-response-to-covid-19)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2020/07/10/pr20255-the-platform-for-collaboration-on-tax-publishes-its-progress-report-2020_