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Rising tax revenues: a key to economic development in Latin American countries

25-Jan-2012

Increased domestic resource mobilization is widely accepted as crucial for countries to successfully meet the challenges of development and achieve higher living standards for all their people. 

Tax: Uruguay’s tax transparency improving, says OECD’s Gurria

16-Dec-2011

Uruguay has signed 7 new agreements providing for the exchange of tax information, showing its willingness to implement the global standards. This brings to a total of 18  the number of agreements Uruguay has with other countries, allowing it to move up to the OECD’s list of those that have ‘substantially implemented the standard for exchange of information’.

OECD's Gurria presents report on bank secrecy to finance ministers at G20 Summit

04-Nov-2011

A report on bank secrecy and tackling tax evasion presented by OECD Secretary-General Angel Gurría to finance ministers at the Cannes G20 summit on 3 November 2011.

Tax: Jurisdictions move towards full tax transparency

01-Sep-2011

Furthering efforts to fight against international tax evasion and bank secrecy, members of the Global Forum on Transparency and Exchange of Information for Tax Purposes have issued 12 new peer review reports.

Lutter Contre la Planification Fiscale Agressive par l’Amélioration de la Transparence et de la Communication de Renseignements

01-Feb-2011

La planification fiscale agressive met en péril les recettes de nombreux pays. Ainsi, ces derniers ont mis au point des stratégies pour contrer la planification fiscale agressive. Ce rapport, qui a été approuvé par tous les pays membres de l’OCDE, traite d’une série d’initiatives allant de règles relatives à la communication préalable obligatoire de renseignements aux formes de discipline fiscale coopérative.

A framework for successful offshore voluntary compliance programmes

31-Mar-2010

Offshore voluntary compliance programmes offer the opportunity to maximize the benefits of transparency and exchange of information for tax purposes. To succeed, they need to encourage non-compliant taxpayers to permanently improve their compliance, while retaining the support of the taxpayers who are already compliant. They must be part of wider voluntary compliance and enforcement strategies. Against this backdrop, the OECD has developed a framework for offshore voluntary compliance, approved by the Committee on Fiscal Affairs on 15 January 2010.

Andorra makes progress on exchange of information

24-Feb-2010

The Principality of Andorra has today signed tax information exchange agreements with the 7 Nordic economies (Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden). Accordingly, Andorra now moves into the category of jurisdictions considered to have substantially implemented the standard.

India plays key role in taking forward the G20’s pledge to ensure greater tax transparency

12-Feb-2010

India hosted the second meeting of the Steering Group of the Global Forum on Transparency and Exchange of Information on 11 and 12 February 2010. The Steering Group, which guides the work of the Global Forum, considered the core documents required to launch the peer review process. It also examined the progress of the Global Forum in moving forward on the mandate given to it by the G20 in November 2009.

Chile enacts law on access to bank information, implements tax standard

14-Dec-2009

A new law on access to bank information will enable Chile to exchange banking information under existing tax treaties, thereby complying with the internationally agreed tax standard for exchange of information.

Costa Rica makes progress in international tax co-operation, signs TIEA with Argentina

25-Nov-2009

Costa Rica announced that it has signed a tax information exchange agreement with Argentina. The agreement, which meets the internationally agreed standard for exchange of information for tax purposes, is the first such agreement signed by Costa Rica. It provides for various forms of exchange of information, including exchange of information on request,  simultaneous and industry-wide examinations, and tax examinations abroad.




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