The new OECD/G20 standard on automatic exchange of information was endorsed today by all OECD and G20 countries as well as major financial centres participating in the annual meeting of … Read More
Tax Co-operation
Outcomes of FATF Plenary
The first [FATF Plenary meeting](http://www.fatf-gafi.org/documents/news/plenary-outcomes-october-2014.html) of Plenary year FATF-XXVI was held on 22-24 October 2014. The meeting was held under the Australian Presidency of the FATF. The FATF has updated … Read More
Global Actions To Meet Global Challenges
The OECD/G20 [Base Erosion and Profit Shifting (BEPS) Project ](http://www.oecd.org/ctp/beps.htm)and the move to [automatic exchange of financial account information](http://www.oecd.org/ctp/exchange-of-tax-information/automaticexchange.htm) took centre stage when Heads of Tax Administration met on 23-24 … Read More
Monaco Commits to Multilateral Convention on Mutual Administrative Assistance in Tax Matters
OECD Secretary-General Angel Gurría welcomed today the Principality of Monaco’s commitment to strengthen international tax co-operation after it became the 84th jurisdiction participating in the Multilateral Convention on [Mutual Administrative … Read More
Global Standard for Automatic Exchange of Information
The OECD today released the full version of a new global standard for the exchange of information between jurisdictions; this it said in a media release, is *“an important step … Read More
2014 update to the OECD Model Tax Convention
The OECD Council has approved the contents of the [2014 Update](http://www.oecd.org/ctp/treaties/update-model-tax-convention-2014.pdf) to the OECD Model Tax Convention. The Update, which was previously approved by the Committee on Fiscal Affairs on … Read More
Cameroon signs the Convention on Mutual Administrative Assistance in Tax Matters
Cameroon has become the 65th signatory of the [Multilateral Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/tax/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm ), the most powerful international instrument to fight international tax avoidance and evasion. … Read More
Andorra commits to automatic exchange of information in tax matters
Andorra has become the 48th signatory to an OECD Declaration that commits countries to end bank secrecy for tax purposes. Andorra’s 16 June decision to join the [Declaration on Automatic … Read More
Brussels G7 Summit 2014
The leaders of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, the President of the European Council and the President of the European Commission (G7 leaders) met … Read More
Declaration on Automatic Exchange of Information in Tax Matters
The OECD has concluded its ministerial meeting May 6-7 in Paris. Ministers from the 34 OECD member countries discussed the importance of rebuilding public trust, notably by enhancing the fairness … Read More