Harmful Tax Practices

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News

Gibraltar signs Tax Information Exchange Agreement with the United States

09-Apr-2009

Gibraltar and the United States signed a bilateral arrangement for the exchange of information for tax purposes on 31 March 2009. This is the first such agreement entered into by Gibraltar.

International tax information standards win further support

07-Apr-2009

At a press conference in Paris held jointly with the EU’s Commissioner for Taxation and Customs Union, László Kovács, OECD Secretary-General Angel Gurría welcomed commitments to the internationally agreed standard on exchange of information for tax purposes by Costa Rica, Malaysia, Philippines and Uruguay and commented on the OECD’s ongoing drive to combat tax evasion. 

OECD welcomes Uruguay’s commitment to OECD tax information exchange standards

03-Apr-2009

The OECD welcomed today the formal endorsement by Uruguay of its tax information exchange standards.  In a letter to Angel Gurría, Secretary-General of the OECD, Uruguay’s Finance Minister, Alvaro García, informed the OECD that Uruguay formally endorses the OECD’s standards on transparency and exchange of information, as set out in the 2005 version of Article 26 of the OECD Model Tax Convention.

Following G20 OECD delivers on tax pledge

02-Apr-2009

Following the G20 meeting and communiqué, the OECD Secretariat has provided a detailed report on progress by financial centres around the world towards implementation of an internationally agreed standard on exchange of information for tax purposes.

Macao, China announces plans to implement OECD standards

23-Mar-2009

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. Macao, China  stated that it proposes to modify its domestic legislation before the end of 2009 to enable it to exchange bank information on request with other jurisdictions.

 

OECD principles on exchange of information for tax purposes: a model for bilateral conventions

20-Mar-2009

In today’s difficult economic environment, growing political attention is being brought to bear on the issue of tax co-operation. G-20 Heads of States and Government, at their Washington Summit on 15 November 2008, identified the need, on the basis of work carried out by the OECD, to vigorously address the issues of lack of transparency and lack of exchange of information.

Jersey signs tax information exchange agreement with the United Kingdom

10-Mar-2009

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.

Jersey signe un accord sur l’échange de renseignements fiscaux avec le Royaume-Uni

10-Mar-2009

Jersey et le Royaume-Uni ont annoncé avoir signé un accord bilatéral pour l’échange de renseignements à des fins fiscales, ce qui porte à 11 le nombre d’accords similaires conclus par Jersey.

Isle of Man signs tax information pact with Germany

02-Mar-2009

The Isle of Man and Germany announced that they have signed a bilateral agreement for the exchange of information for tax purposes, bringing to 13 the number of such agreements entered into by the Isle of Man.

Report on Abuse of Charities for Money Laundering and Tax Evasion

24-Feb-2009

Tax evasion and tax fraud through the abuse of charities is a serious and increasing risk in many countries. This report describes the common methods of the abuse of charities in 19 countries, detection strategies and indicators that will help tax staff  identify suspicious transactions when processing tax returns and carrying out audits.




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