More than 100 jurisdictions have concluded negotiations on a multilateral instrument that will implement a series of tax treaty measures to update international tax rules and lessen the opportunity for … Read More
Tax Co-operation
Common Reporting Standard Implementation in The Bahamas
The Bahamas Financial Services Board (BFSB) and The Association of International Banks and Trust Companies (AIBT), along with industry stakeholders, today held a consultative session with The Official Opposition to … Read More
European Parliament – Automatic Exchange of Bank Account Information
Members of the European parliament (MEPs) [have approved plans](http://www.europarl.europa.eu/news/en/news-room/20161117IPR51550/tax-evasion-meps-back-automatic-exchange-of-bank-data-to-track-account-owners) to allow European tax authorities to automatically share certain information about bank account holders in order to prevent tax evasion and … Read More
St. Lucia Expands Capacity to Fight International Tax Avoidance and Evasion
Saint Lucia has signed the [Multilateral Convention on Mutual Administrative Assistance in Tax Matters](http://www.oecd.org/ctp/exchange-of-tax-information/convention-on-mutual-administrative-assistance-in-tax-matters.htm?utm_source=Adestra&utm_medium=email&utm_content=Multilateral%20Convention%20on%20Mutual%20Administrative%20Assistance%20in%20Tax%20Matters&utm_campaign=Tax%20News%20Alert%2021-11-2016&utm_term=demo), becoming the 107th jurisdictions to join the Convention. The Convention was developed jointly by the OECD … Read More
European Council: Criteria for Screening Third Country Jurisdictions
The European Council has agreed both the criteria and the process for the establishment of an EU list of non-cooperative jurisdictions in taxation matters. It is anticipated that the Council … Read More
EU Tax Authorities to Gain Access to Beneficial Ownership Information
The European Council has reached agreement on a proposal granting access for tax authorities to information held by authorities responsible for the prevention of money laundering. The directive requires member … Read More
Global Forum’s International Tax Transparency Agenda
The [Global Forum on Transparency and Exchange of Information for Tax Purposes](http://www.oecd.org/tax/transparency ) met in Tbilisi, Georgia on November 2-4. The annual meeting brought together 220 delegates from 84 jurisdictions … Read More
BEPS Action 14 Peer Reviews
The OECD has released the first schedule for the Mutual Agreement Procedure (MAP) Peer Review and Monitoring Process under Action 14 of the BEPS Action Plan. The key documents relating … Read More
Way Forward Identified on Correspondent Banking Challenge
Stakeholders, including senior representatives of international financial institutions, commercial banks, central banks, governments the Caribbean Community (CARICOM) Secretariat and the Caribbean Development Bank met in Antigua and Barbuda on 27 … Read More
9th Meeting of Global Forum
[The Global Forum on Transparency and Exchange of Information for Tax Purposes](http://www.oecd.org/tax/transparency/) will host its 9th meeting in Tbilisi, Georgia on 2-4 November 2016. According to a release from the … Read More