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2022-11-24

【Cross-Border Tax】

OECD: ‘Significant global progress’ made in tax information exchange

The OECD Global Forum on Transparency and Exchange of Information for Tax Purposes has published new peer-review reports on the practical implementation of its exchange of information on request standard in ten countries. Barbados, Iceland, Morocco, Slovenia, South Africa and Turkey had their ratings raised to largely compliant and the British Virgin Islands' rating was raised to partially compliant. The forum also reported that its member jurisdictions are now automatically exchanging information on 111 million financial accounts, mostly without significant timing or technical issues, although 19 jurisdictions still have 'fundamental deficiencies'.


News Source:【OECD 2022/11/09】

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