Earlier this week at the first Conference of the Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF), ITIC President Daniel Witt signed a memorandum of understanding on the establishment of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM).
Through this MoU, ITIC is officially recognized as an Observer to BRITACOM, a joint effort of the Belt and Road Initiative Cooperation Parties (BRCP) to "contribute to building a growth-friendly tax environment through cooperation in tax service, tax dispute resolution, tax capacity building and sharing of experiences and best practices in tax administration."