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Friday, June 29, 2018

U.S., U.K., Canada, Australia and Netherlands form international tax enforcement group

Tax chiefs set up J5 to tackle international tax crime 

U.S., U.K., Canada, Australia and Netherlands form international tax enforcement group









Leaders of tax enforcement authorities from five countries, including the U.S., U.K., Canada, Australia and the Netherlands, have allied to create the Joint Chiefs of Global Tax Enforcement (or J5 for short), to collaborate in fighting international and transnational tax crimes and money laundering.

Membership of the J5 includes the heads of tax crime and senior officials from Internal Revenue Service Criminal Investigation (IRS CI), Her Majesty’s Revenue & Customs (HMRC) in the U.K., the Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA), and the Dutch Fiscal Information and Investigation Service (FIOD).

Leaders of the group met Thursday in Montreal to formulate their plans. The J5 plans to work together to gather and share information and intelligence, as well as conduct operations and build capacity for tax crime enforcement officials. Areas of focus include cybercrime and cryptocurrency, data analytics, and enablers and facilitators of tax crimes. The alliance will concentrate on building international enforcement capacity, as well as enhancing operational capability by piloting new approaches and conducting joint operations, to bring perpetrators who enable and facilitate offshore tax crime to justice.
Cross Jurisdictional taskforces

HMRC Tax Chiefs Unite to tackle international tax crime




Tax enforcement authorities unite to combat international tax crime and money laundering
US IRS Press Release  

Additional Information
Our Partners
·        Australian Taxation Office (ATO)
·        Canada Revenue Agency (CRA)
·        Netherlands - Fiscale Inlichtingen- en Opsporingsdienst (FIOD)
·        United Kingdom - HM Revenue & Customs (HMRC)


To actively bring about change, the J5 will:
  • Develop shared strategies to gather information and intelligence that will strengthen operational cooperation in matters of mutual interest, and target those who seek to commit transnational tax crime,  cybercrime and launder the proceeds of crime
     
  • Drive strategies and procedures to conduct joint investigations and disrupt the activity of those who commit transnational tax crime, cybercrime, and also those who enable and assist money laundering
     
  • Collaborate on effective communications that reinforce that J5 is working together  to tackle transnational tax crime, cybercrime and money laundering.

Joint Chiefs of Global Tax Enforcement - Joint yet they never inhaled