Ten years of capacity building to advance tax transparency: landmark Global Forum report highlights successful activities
On February 3, 2022, the 2022 Global Forum Capacity Building Report has been published. The report highlights ten years of successful capacity-building activities to support the global implementation of the two international standards on exchange of information on request (EOIR) and automatic exchange of financial account information (AEOI). The report also provides an update on the Global Forum’s capacity-building programme and outreach activities carried out in 2021. This has been announced by ...
First edition of Tax Transparency in Latin America report outlines growing role of tax transparency and exchange of information in helping Latin American governments fight financial crimes and mobilise resources
On 12 July 2021, the report Tax Transparency in Latin America 2021 was published. The report is a key output of the Punta del Este Declaration, a Latin American initiative to tackle tax evasion, corruption and other financial crimes through transparency and exchange of information (EOI) for tax purposes. This has been announced with a press release on the website of the OECD. Furthermore from the press release: The report analyses the ...
Global Forum Secretariat delivers new toolkit to help countries become Party to the Convention on Mutual Administrative Assistance in Tax Matters
The COVID-19 crisis has brought renewed attention to the role and importance of multilateral co-operation in combating tax evasion and helping fiscal consolidation. In line with its mandate to deliver technical assistance and support capacity building, the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) has now produced a Toolkit for Becoming a Party to the Convention on Mutual Administrative Assistance in ...
Ecuador joins international efforts against tax evasions and avoidance
Ecuador has signed the Convention on Mutual Administrative Assistance in Tax Matters ("the Convention"). This was announced on 29 October on the website of the OECD. The Convention was signed on behalf of Ecuador by Mrs. Marisol Andrade, Director-General of the Internal Revenue Service of Ecuador, signs the Convention in the presence of the OECD Deputy Secretary-General Ludger Schuknecht. The Convention was developed jointly by the OECD and the Council of ...
Major enlargement of the global network for the automatic exchange of offshore account information as over 100 jurisdictions get ready for exchanges
On 5 July 2018, the OECD published a new set of bilateral exchange relationships established under the Common Reporting Standard Multilateral Competent Authority Agreement (CRS MCAA). This was announced by the OECD in a press release dated 5 July 2018. In total, the international legal network for the automatic exchange of offshore financial account information under the CRS now covers over 90 jurisdictions, with the remaining dozen set to follow ...