OECD: First automatic Common Reporting Standard exchanges between 49 jurisdictions set to take place this month; now over 2000 bilateral exchange relationships in place
In 2014, the OECD and the G20 approved the Common Reporting Standard (CRS), which will be the basis for the automatic annual exchange of information on offshore financial accounts to the tax authorities of the residence country of account holders. In an item on its website on 14 September 2017, the OECD informs that at present, 102 jurisdictions have publicly committed to implement the CRS, with 49 being committed to ...
On 18 March 2017 the OECD published the OECD Secretary General’s Tax Report to the G20 Finance Ministers: update latest developments in the international tax agenda (incl. tax certainty) and progress Global Forum on Transparency and Exchange of Information
On 18 March 2017 the OECD published the OECD Secretary General’s Tax Report to the G20 Finance Ministers, March 2017. The report consists of two parts. Part I is an update report by the OECD Secretary-General regarding the latest developments in the international tax agenda, including the joint OECD/IMF Report on Tax Certainty. Part II is a Progress Report to the G20 by the Global Forum on Transparency and ...
