Harmful Tax Practices

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News

OECD assessment shows bank secrecy as a shield for tax evaders coming to an end

31-Aug-2009

Tax Co-operation 2009: Towards a Level Playing Field - 2009 assessment by the Global Forum on Transparency and Exchange of Information is the fourth annual assessment of progress being made towards greater transparency and information exchange in the area of taxation. This report covers 87 jurisdictions, including all the major financial centres around the world.

New TIEA signed between Gibraltar and Australia

27-Aug-2009

Gibraltar and Australia have signed a bilateral agreement for the exchange of information for tax purposes. This brings to 5 the number of such agreements that Gibraltar has entered into.

Gibraltar et l'Australie ont annoncé avoir signé un accord bilatéral

27-Aug-2009

Gibraltar et l'Australie ont annoncé avoir signé un accord bilatéral pour l’échange de renseignements à des fins fiscales, ce qui porte à 5 le nombre d’accords similaires conclus par les Gibraltar.

New TIEA signed between Gibraltar and New Zealand

14-Aug-2009

Gibraltar and New Zealand have signed a bilateral agreement for the exchange of information for tax purposes. This brings to 4 the number of such agreements that Gibraltar has entered into.

Gibraltar et la Nouvelle Zélande ont annoncé avoir signé un accord bilatéral

14-Aug-2009

Gibraltar et la Nouvelle Zélande ont annoncé avoir signé un accord bilatéral pour l’échange de renseignements à des fins fiscales, ce qui porte à 4 le nombre d’accords similaires conclus par les Gibraltar.

Gibraltar signs tax information accord with Germany

13-Aug-2009

Gibraltar and Germany today signed a bilateral agreement for the exchange of information for tax purposes, bringing to 3 the number of such agreements that Gibraltar has entered into.

The Cayman Islands and the Netherlands signed a bilateral agreement and an additional protocol

13-Jul-2009

On 8 July 2009 in the Hague, the Cayman Islands and the Netherlands signed a bilateral agreement for the exchange of information for tax purposes and an additional protocol, bringing to 11 the number of such agreements entered into by the Cayman Islands.

Bahrain expands its network of information exchange agreements

10-Jul-2009

The Kingdom of Bahrain has recently signed double taxation conventions with Bulgaria (26 June 2009) and Austria (2 July 2009) that provide for exchange of information in accordance with the OECD standard. These agreements bring to 12 the number of agreements that Bahrain has signed that meet the OECD standard. As a result, Bahrain can be considered as having substantially implemented the internationally agreed standard in this area.

G8 Leaders acknowledge progress in promoting tax information exchange and transparency

09-Jul-2009

In a statement following their 8 July meeting in L’Aquila, the G8 leaders stated "all jurisdictions must now quickly implement their commitments...  an appropriate follow up framework is needed to fully benefit from this renewed emphasis on tax information exchange and transparency... We ask the OECD to swiftly address these challenges, propose further steps and report by the time of the next G20 Finance Ministers’ meeting.”

Luxembourg makes progress in OECD standards on tax information exchange

08-Jul-2009

Luxembourg has signed a protocol to its double taxation convention with Norway, bringing to 12 the number of agreements it has on exchange of information for tax purposes and thus crossing the threshold for being considered to have substantially implemented the internationally agreed standard in this area.




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