To further assist jurisdictions committed to automatic exchange to implement their compliance strategies, the Global Forum Secretariat launched today the Methodology for implementation of the risk based approach to administrative compliance and risk matrices, that jurisdictions can use to develop or improve their own risk assessment approach.
The Secretariat of the Global Forum facilitated a virtual seminar on automatic exchange of financial account information from 22 to 26 May 2023 for officials from Kenya Revenue Authority.
The Study Group on Asia-Pacific Tax Administration and Research (SGATAR) and the Asian Infrastructure Investment Bank (AIIB) have joined the global fight against tax evasion by becoming the 22nd and 23rd observers of the Global Forum respectively.
The 10th Global Forum Competent Authorities Conference was kindly hosted by the Georgia Revenue Service on 15 and 16 May 2023 in Tbilisi. The event brought together 160 participants from 77 jurisdictions.
Sierra Leone has joined the international fight against tax evasion as 168th member – and 37th African member – of the Global Forum on Transparency and Exchange of Information for Tax Purposes.
Tax Transparency in Asia 2023: Asia Initiative Progress Report acknowledges progress achieved in Asia between 2009 and 2022 in implementing transparency and exchange of information (EOI) for tax purposes.
Mongolia has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2026.
Zimbabwe has joined the international fight against tax evasion by becoming the 167th member – and 36th African member – of the Global Forum on Transparency and Exchange of Information for Tax Purposes.
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.
The Global Forum published today seven new peer review reports on transparency and exchange of information on request, for six of its members (Albania, the Czech Republic, Mexico, Nigeria, Saint Lucia and Togo) and one non-member, which had previously been deemed of relevance to its work on EOIR (Nicaragua).