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Tax Co-operation: Towards a Level Playing Field - 2008 Assessment by the Global Forum on Taxation

 

New Material
Table of Contents | How to Obtain this Publication   

 

The latest version of this publication is available at
www.oecd.org/ctp/htp/cooperation.

ISBN Number:
978-92-64-03919-3
Publication Date:
29 August 2008
Pages: 214
Number of tables: 20

  

Tax Co-operation: Towards a Level Playing Field

2008 Assessment by the Global Forum on Taxation

In today’s increasingly borderless world, countries are working more closely together to prevent abuses of the global financial system in a wide range of areas, including taxation. The Global Forum on Taxation, which consists of OECD and non-OECD economies, seeks to improve transparency and to establish effective exchange of information so that countries can ensure compliance with their national tax laws. The Global Forum is working towards a level playing field in these areas so that activities do not simply migrate from countries that engage in effective exchange of information to those that do not. In working towards a level playing field, the Global Forum seeks to ensure the implementation of high standards of transparency and information exchange in a way that is fair, equitable and permits fair competition between all countries, large and small, OECD and non-OECD.

 

New material

This report is the second edition of that assessment. It highlights changes made over the last year in the domestic laws and regulations of the economies covered by the 2007 Assessment. In addition to the countries reported on in 2007, it includes information on Chile, bringing to 83 the number of countries covered by the report. The report sets out in a series of tables, on a country by country basis, information on laws and agreements permitting the exchange of information for tax purposes; access to bank information for tax purposes; access to ownership identity and accounting information; and availability of ownership, identity and accounting information relating to companies, trusts, partnerships and foundations.

Table of contents

I. Introduction

II. Update on Progress

A. Exchanging Information

1. Existence of Mechanisms for Exchange of Information Upon Request
2. Scope of Information Exchange
3. Dual Criminality

B. Access to Bank Information

          1. Bank Secrecy Rules 

          2. Access to Bank Information for Tax Purposes

          3. Specificity Required and Powers to Obtain and Compel Information in the Case of Refusal to Cooperate 

C. Access to Ownership, Identity and Accounting Information

          1. Information Gathering Powers
          2. Specific Secrecy Provisions

          3. Bearer Securities

D. Availability of Ownership, Identity and Accounting Information
          1. Ownership Information
          2. Accounting Information

E. The Global Forum Assessment Now Includes Chile 

 

III. Country Tables


A. Exchanging Information
  • Table A.1 Number of Double Taxation Conventions and Tax Information Exchange Agreements
  • Table A.2 Summary of Domestic Laws That Permit Information Exchange in Tax Matters
  • Table A.3 DTCs and TIEAs Providing for Information Exchange upon Request
  • Table A.4 Summary of Mechanisms That Permit Information Exchange in Tax Matters
  • Table A.5 Application of Dual Criminality Principle

B. Access to Bank Information

  • Table B.1 Bank Secrecy
  • Table B.2 Access to Bank Information for Exchange of Information Purposes
  • Table B.3 Procedures to Obtain Bank Information for Exchange of Information Purposes

C. Access to Ownership, Identity and Accounting Information

  • Table C.1 Information Gathering Powers
  • Table C.2 Statutory Confidentiality or Secrecy Provisions
  • Table C.3 Bearer Securities

D. Availability of Ownership, Identity and Accounting Information

  • Table D.1 Ownership Information-Companies
  • Table D.2 Trusts Laws
  • Table D.3 Identity Information-Trusts
  • Table D.4 Identity Information-Partnerships
  • Table D.5 Identity Information-Foundations
  • Table D.6 Accounting Information-Companies
  • Table D.7 Accounting Information-Trusts
  • Table D.8 Accounting Information-Partnerships
  • Table D.9 Accounting Information-Foundations


Annex: Countries Covered by Report

 

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