OECD Secretary-General welcomes pledge by 48 countries (including The Netherlands) to implement global tax transparency standard for crypto-assets by 2027 (Crypto-Asset Reporting Framework, CARF)
OECD Secretary-General Mathias Cormann welcomed the announcement on Friday November 10th, 2023, that 48 countries and jurisdictions intend to implement the OECD’s global tax transparency framework for the reporting and exchange of information with respect to crypto-assets by 2027. This has been announced in a news release on the website of the OECD. Further from the news release: “Today’s announcement of co‑ordinated international action on crypto-assets is a major step forward, marking ...
Public comments received on the Crypto-Asset Reporting Framework and Amendments to the Common Reporting Standard
The OECD has published the public comments received on the Crypto-Asset Reporting Framework and Amendments to the Common Reporting Standard. This has been announced on 2 May 2022 with a news release on the website of the OECD. On 22 March 2022, interested parties were invited to provide comments on said Crypto-Asset Reporting Framework and Amendments to the Common Reporting Standard. CFN-artikelnummer 20220506-20 BRONDOCUMENT (link to the news release dated 2 May ...
OECD seeks input on new tax transparency framework for crypto-assets and amendments to the Common Reporting Standard
On Tuesday, March 22, 2022, the OECD released a public consultation document concerning a new global tax transparency framework to provide for the reporting and exchange of information with respect to crypto-assets, as well as proposed amendments to the Common Reporting Standard (CRS) for the automatic exchange of financial account information between countries. The purpose of the consultation is to inform policy makers decisions on the possible adoption of any such framework ...