Latest Documents

Peru expands its capacity to fight international offshore tax avoidance and evasion

Today, in Lima (Peru), Claudia María Amelia Teresa Cooper Fort, Minister of Economy and Finance of Peru, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the Deputy Director of the OECD's Centre for Tax Policy and Administration, Grace Perez-Navarro. The Republic of Peru is the 114th jurisdiction to join the Convention, and the 12th Latin American jurisdiction to do so.

First automatic Common Reporting Standard exchanges between 49 jurisdictions set to take place this month; now over 2000 bilateral exchange relationships in place

At present, 102 jurisdictions have publicly committed to implement the Common Reporting Standard, with 49 being committed to start exchanges this month and a further 53 taking up exchanges in September 2018.

OECD Secretary-General Tax Report G20 Leaders (Germany, July 2017)

This report consists of two parts. Part I is an update report by the OECD Secretary-General regarding the latest developments in the international tax agenda. Part II is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

Standard for Automatic Exchange of Financial Account Information in Tax Matters, Second Edition

OECD releases further BEPS guidance on Country-by-Country reporting and country-specific information on implementation

The Inclusive Framework on BEPS has released two new documents to support the global implementation of Country-by-Country (CbC) reporting (BEPS Action 13).

Saudi Arabia and Uruguay join the CRS Multilateral Competent Authority Agreement

Saudi Arabia and Uruguay today signed the CRS Multilateral Competent Authority Agreement‎ (CRS MCAA), re-confirming their commitment to implementing the automatic exchange of financial account information pursuant to the OECD/G20 Common Reporting Standard (CRS) in time to commence exchanges in 2018. They become the 86th and 87th jurisdictions respectively to sign the CRS MCAA.

The Cook Islands become the 106th jurisdiction to join the most powerful international instrument against offshore tax evasion and avoidance

Today at the OECD Headquarters in Paris, Mr. Andrew Haigh, Collector of Inland Revenue of the Cook Islands, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters.

OECD Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors (Washington DC, October 2016)

This report consists of two parts. Part I is a Progress Report to the G20 by the Global Forum on Transparency and Exchange of Information for Tax Purposes. Part II is an update report by the OECD Secretary-General regarding tax transparency, with a focus on beneficial ownership information.

FATF Report to G20 on Beneficial Ownership

FATF's report to G20 sets out how the FATF is helping to improve transparency and prevent the misuse of companies, trust and other corporate vehicles. This includes the availability and exchange of beneficial ownership information.