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OECD Secretary-General Angel Gurría welcomed an announcement by Monaco that it is prepared to enter into agreements for the exchange of information in all tax matters in accordance with international standards developed by the OECD and recognised by the United Nations.
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Guernsey and Ireland have today signed a bilateral agreement for exchange of information for tax purposes bringing to 13 the number of such agreements entered into by Guernsey.
The OECD welcomed an announcement by Macao, China that it intends to implement the OECD standards on transparency and exchange of information for tax purposes.
Moves by a number of financial centres over recent weeks in favour of transparency and exchange of information on tax matters have given a welcome boost to efforts counter international tax evasion, OECD Secretary-General Angel Gurría said.
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The Liechtenstein Government accepts the OECD standards on transparency and information exchange in tax matters and supports the international measures against non-compliance with tax laws.
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Jersey and the United Kingdom have today signed a bilateral agreement for exchange of information for tax purposes bringing to 11 the number of such agreements entered into by Jersey.
An updated report on Access For Tax Authorities To Information Gathered By Anti- Money Laundering Authorities is now available.
Many countries recognize the important and significant role the voluntary sector plays in building a strong, caring and well-functioning society as well as in contributing to employment, welfare and economic growth. The vast majority of charities are legitimate, but some may be targeted by criminals to launder the proceeds of tax crimes and other serious offences.