Key Tax Effects:

1. Enhanced Taxpayer Confidence:
   By adopting best practices from international Ombudsman institutions, such as Bahrain, the FTO aims to make its tax-related grievance resolution mechanisms more efficient. This will build taxpayer trust in the system, encouraging voluntary compliance and potentially expanding the tax base.
2. Improved Administrative Efficiency:
   Knowledge sharing through this exchange program equips FTO staff with advanced skills and strategies, reducing delays and inefficiencies in tax grievance handling. This streamlined process is likely to improve the resolution of tax disputes, minimizing revenue loss due to prolonged disputes.
3. Strengthened Tax Governance:
   Collaborative training sessions and exposure to global practices ensure the adoption of transparent and accountable procedures in tax administration. This, in turn, enhances the credibility and effectiveness of the tax system, which could lead to better revenue collection outcomes.
4. Support for OIC Member States:
   The FTO’s leadership in fostering cooperation within the OIC Ombudsman Association (OICOA) will set a precedent for other member countries to adopt robust tax systems, indirectly benefiting global trade and tax harmonization efforts.
5. Economic and Cultural Exchange:
   The program not only fosters better tax practices but also encourages economic and cultural collaboration. These partnerships can lead to agreements that improve cross-border tax enforcement and prevent tax evasion, further stabilizing national revenue streams.

This program reflects the FTO’s commitment to global cooperation, innovation, and institutional growth, ultimately contributing to a fairer, more efficient tax system that aligns with international standards.