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ISLAMABAD: An assessment team of the Organization of Economic Cooperation and Development (OECD) Global Forum on Transparency and Exchange of Information for Tax Purposes visited Pakistan from 23rd to 25th April, 2024 for onsite assessment of Automatic Exchange of Information (AEOI) Confidentiality and Data Safeguards.

The delegation comprised Gudrun Jenny Jonsdottir, Tax Policy Advisor, OECD, Jasmina Trajkovski Ruso, Technical Advisor Information Security Management, OECD, Toh Ginn Shyong, Senior Architect, Inland Revenue Authority of Singapore and Ashwin Luckoo, Section Head, Information Systems Department, Mauritius Revenue Authority.

Detailed meetings were held with the assessment team presided over by Ms. Aisha Farooq, Director General (International Taxes) which was also attended by officials of PRAL and IT Wing of the FBR.

In her opening remarks, Aisha welcomed the delegation and reaffirmed Pakistan's commitment to exchange of information for mutual benefit as well as ensuring confidentiality and safeguard of exchanged data.

Three-day vigorous sessions were attended by the concerned officers for input and discussion of policies and Information Security Framework in place by the FBR for maintaining data confidentiality.

The delegation also visited the Data Center, Security Operations Centre and AEOI Centre at FBR (HQ) as well as AEOI Zone, Islamabad. A joint session was also held with Member (IT) and DG (International Taxes).

In these sessions, the assessment team appreciated the efforts of the FBR in upholding international commitments made for protection of exchanged data.

Copyright Business Recorder, 2024

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