International community continues making progress against offshore tax evasion
The international community continues making tremendous progress in the fight against offshore tax evasion, as implementation of innovative transparency standards by the Global Forum on Transparency and Exchange of Information for Tax Purposes moves countries ever closer to the goal of eradicating banking secrecy for tax purposes. This was announced in a press release dated 29 June 2020 on the website of the OECD. Nearly 100 countries carried out automatic exchange of ...
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 ...
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 ...
11th Meeting of the Global Forum, 20-22 November in Uruguay
With a press release posted on the website of the OECD, the OECD announces the 11th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, 20-22 November 2018, in Punta del Este, Uruguay. From the press release: Global cooperation to fight tax evasion and avoidance has grown rapidly over the past few years. Tax Transparency and Exchange of Information between tax authorities about financial assets ...
The Global Forum on Tax Transparency intensifies the pressure on tax evaders worldwide
200 Delegates from more than 90 delegations met in Yaoundé, Cameroon for the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes which now includes 147 countries and jurisdictions. The meeting took place last week, 15-17 November 2017. The Global Forum adopted the first report on the status of implementation of the AEOI Standard a few weeks after almost 50 countries started exchanges of information ...
Peer Review Report on the Exchange of Information on Request 2017 (Second Round) concludes that Curaçao is rated Partially-Compliant overall
The Peer Review Report on the Exchange of Information on Request in relation to Curaçao 2017 (Second Round) released today by the Global Forum on Transparency and Exchange of Information for Tax Purposes, concludes that Curaçao is rated “Partially-Compliant” overall. The report – full name: Global Forum on Transparency and Exchange of Information for Tax Purposes: Curaçao 2017 (Second Round). Peer Review Report on the Exchange of Information on Request, ...
Publication Global Forum’s second round peer review report for Curaçao announced
In a press release on the website of the OECD, the publication of the second round peer review report for Curaçao has been announced to take place during the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, in Yaoundé, Cameroon on 15-17 November 2017. During the 10th meeting of the Global Forum, new efforts to ensure a worldwide level playing field and global implementation ...
10th Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, 15-17 November 2017, in Yaoundé, Cameroon
New efforts to ensure a worldwide level playing field and global implementation of transparency standards will top the agenda during the 10th meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, in Yaoundé, Cameroon on 15-17 November 2017, according to a press release dated 9 November 2017 on the website of the OECD. Global Forum members will discuss key developments in the areas of exchange of ...