07/04/2023 - On 30 March 2023, within the framework of the pilot project for the wider use of treaty-exchanged information for non-tax purposes under the Latin America Initiative – Punta del Este Declaration, 194 officials from tax and non-tax agencies from Argentina, Costa Rica and Paraguay attended the second module on confidentiality and data safeguards delivered by the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).
The pilot project promotes a whole-of-government approach to tackle tax evasion and other illicit financial flows, by widening the use of the information exchanged through tax-treaty channels for non-tax purposes, such as crimes and/or offences related to money laundering, terrorism financing, corruption and customs matters, as permitted under the Convention on Mutual Administrative Assistance in Tax Mattersand domestic laws.
Argentina, Costa Rica and Paraguay are participating in the pilot project. This second module is part of a three-module training programme aimed at raising awareness and strengthening knowledge among non-tax agencies on the practical concepts for handling treaty-exchanged information with proper confidentiality when doing wider use in practice. Among the participants were officials from financial intelligence units, customs agencies and the public prosecutor’s office.
The Global Forum is the leading multilateral body mandated to ensure that jurisdictions around the world adhere to and effectively implement both the exchange of information on request standard and the standard of automatic exchange of information. These objectives are achieved through a robust monitoring and peer review process. The Global Forum also runs an extensive capacity-building programme to support its members in implementing the standards and help tax authorities make the best use of cross-border information sharing channels.
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