THE OECD is all set to launch its Global Forum on VAT as a exclusive platform for a worldwide dialogue on the design and operation of VAT, remarkably addressing issues of double taxation and unintended non-taxation.

The development of internationally agreed principles for the application of VAT on international trade, particularly in the area of services and intangibles combined with the spread of VAT globally, the interaction between VAT systems has increased, leading to an increased risk of double taxation and unintended non-taxation.

The most common causes of double (non) taxation are the use of different rules to determine the place of taxation and different interpretation of similar rules, different characterization of transactions and non-recoverability of tax.

The Global Forum on VAT will play a key role for the OECD's cooperation with non-OECD economies on international taxation. It will offer a platform for structured dialogue with non-OECD economies and other stakeholders.

Besides it will offer the opportunity for sharing policy analysis and experience, for identifying best practices and for strengthening international cooperation among industrialized, emerging and developing economies, and international and regional organisations.

The first meeting of the Global Forum on VAT will be held on 7-8 November 2012 in Paris.