From November 4 to 8, Brazil hosted the IBAS Forum meetings, which included the heads of the administration of the tax and customs areas of India, Brazil and South Africa. Representatives from Russia, the Organization for the economic cooperation and development (OECD), the world Organization of Customs (WCO) and the Inter-American Center of tax administrations (CIAT) also participated in the meetings as guests.

The event, organized by the Federal Revenue, was held in Rio de Janeiro and was attended by the Secretary Carlos Alberto Freitas Barreto.

The working groups discussed proposals for mutual cooperation on issues such as control, international taxation, transfer pricing, information exchange, risk analysis, technical research, customs connectivity, training, non-tariff barriers, among others.

At the meeting on Wednesday, there was a special agenda, for topics on tax and customs cooperation as, for example, the fight against the erosion of the tax base, the question of the transfer of profits, formation of views that converge in multilateral forums and automatic exchange of tax and customs information. These schedules include BRIC/WCO/OECD projects.

IBAS is a privileged forum, formed by 16 working groups for specific initiatives of trilateral cooperation between India, Brazil and South Africa, in the areas of agriculture, science and technology, the fight against hunger and poverty, trade, taxes, energy, health and transport, aimed at giving a new impetus to South-South cooperation. During the event were also discussed and approved reports concerning the trilateral work plans for the period 2012 / 2013, as well as for the period 2013 / 2014.