The [Joint International Tax Shelter Information and Collaboration](http://www.oecd.org/tax/forum-on-tax-administration/ftajitsicnetwork.htm) (JITSIC) Network will meet at the OECD in Paris on Wednesday, 13 April. It will bring together senior tax administration officials from countries worldwide to discuss possibilities of co-operation and information-sharing, identify tax compliance risks and agree collaborative action, in light of the “Panama Papers” revelations.
A [release](http://www.oecd.org/newsroom/tax-administrations-ready-to-act-on-panama-papers.htm) from the OECD today indicated that Government officials from around the world had called for this special project meeting to address and act on the considerable body of information revealed by the “Panama Papers” release. These revelations contain an unprecedented amount of information, including more than 11 million documents covering 210,000 companies in 21 offshore jurisdictions.
JITSIC is a network of tax administration officials with responsibility for responding to global compliance risks through active collaboration and fast and effective information exchange with other tax administrations.