10th Anniversary Meeting of the Global Forum: “International community has achieved unprecedented success fighting offshore tax evasion”

On 26-27 November, the 10th Anniversary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) in Paris brought together more than 500 delegates from 131 member jurisdictions for renewed discussions on efforts to advance the tax transparency agenda. This was announced in a press release on the website of the OECD. From the press release: Ten years since the G20 declared the end of banking ...
LEES VERDER

OECD Secretary-General report to G20 Finance Ministers and Central Bank Governors

On 8 June 2019, the OECD released the 2019 OECD Secretary-General Report to G20 Finance Ministers and Central Bank Governors. The report contains a brief overview provided by the Secretary-General (see hereafter) as well as tables and overviews regarding the status of various actions. Aruba Aruba is being welcomed as one of the 13 new members of the OECD/G20 Inclusive Framework on BEPS, since the last report of the Secretary-General ...
LEES VERDER

Implementation of tax transparency initiative delivering concrete and impressive results

International efforts to improve transparency via automatic exchange of information on financial accounts are improving tax compliance and delivering concrete results for governments worldwide, according to new data released on 7 June 2019 by the OECD. More than 90 jurisdictions participating in a global transparency initiative under the OECD’s Common Reporting Standard (CRS) since 2018 have now exchanged information on 47 million offshore accounts, with a total value of around ...
LEES VERDER