In order to promote enhanced international cooperation on taxation, the staffs of the International Monetary Fund, OECD, and World Bank propose to work together to establish an "International Tax Dialogue".
The ITD is intended to facilitate technical discussions and experience-sharing between government officials responsible for tax administration and policy. An additional goal of the dialogue will be to enhance collaboration among organisations that provide technical assistance in the tax area.
Reportedly, the dialogue "will not make, enforce or mediate binding tax rules, since this is the prerogative of sovereign states".
The scope of the ITD will be international and domestic tax policy and administration issues, and the conclusion of the proposal released on March 13 states, in part: