Global Forum members continue multilateral efforts to advance transparency agenda and fight tax evasion
The international fight for transparency and exchange of information in tax matters continues at great speed in spite of the COVID-19 pandemic. In the three-day 2021 Global Forum plenary meeting – which is held virtually from 17 to 19 November 2021 – ministers, high-level authorities and delegates from about 130 member jurisdictions will take stock of the progress made on multilateral co-operation in transparency and exchange of information for tax purposes and discuss ...
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 ...