MIRA Joins Belt and Road Initiative Tax Cooperation Mechanism
The Maldives Inland Revenue Authority (MIRA) has officially become a member of the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) by signing a Memorandum of Understanding (MoU).
The MoU was signed by the Commissioner General of Taxation, Hassan Zareer, on 24 September during the 5th Belt and Road Initiative Tax Cooperation Forum held in Hong Kong.
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MIRA joined the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) during the 5th Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) in Hong Kong on 24th September 2024. The Memorandum of Understanding was signed by the Commissioner… pic.twitter.com/THbwB02Z06— Maldives Inland Revenue Authority (@MIRAmaldives) September 26, 2024
During the signing ceremony, Zareer emphasised the significance of MIRA’s involvement in BRITACOM, pointing to the collaborative opportunities it offers for tax authorities across the Belt and Road Initiative (BRI) region. He noted that by working together, member nations can address shared challenges and strengthen tax systems. Zareer further stressed the importance of fostering both regional and international cooperation to build robust and efficient tax frameworks.
Through its participation in BRITACOM, MIRA aims to enhance its tax administration capabilities by taking advantage of the resources and opportunities available through this platform. BRITACOM, which was established to foster collaboration among tax authorities in BRI countries, provides technical support, training programmes, discussion forums, and insights from more developed nations. MIRA employees will be able to access these resources to improve their operations and further strengthen the authority’s overall efficiency.
