IRC meets with the Banks

IRC had a very constructive meeting with the banking sector today at the Hilton Hotel. This was a Heads of Banks meeting organised by the Commissioner General, Mr Sam Koim, to gauge the views of the industry on some of the reform initiatives of IRC. The banks are considered as having an important role in the functioning of our tax system. Working constructively with the banks therefore will help us gain a shared understanding of the commercial context and compliance behaviours of our taxpayers. The Interactive meeting was attended by heads of BSP, Westpac, ANZ, Kina Bank, Credit Bureau and Director of FASU. Commissioners, a number of ACs, and technical staff of IRC were also present. A raft of issues of mutual interest were addressed at the meeting.

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