Global Forum launches an Induction Programme for Greenland for implementation of the international tax transparency standards

22/06/2018 - An Induction Programme for Greenland to participate in and benefit from the international advances in tax transparency and exchange of information was launched with the visit of a team from the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) on 18 and 19 June 2018.

Mr. Hakim Hamadi, Tax Policy Advisor visited Nuuk and met with senior leaders and officials including the Minister of Finance, H.E. Mr. Pele Broberg, the Permanent Secretary of the Ministry of Finance and Taxes, Mr. Nikolai Sten Christensen and the Head of the Tax Agency, Mr. Kim Neumann Nielsen. The authorities of Greenland confirmed their commitment to comply with the international standards in tax transparency.

The induction programme is designed to help new members of the Global Forum ensure a smooth implementation of the international standards and benefit from exchange of information in their fight against tax evasion.

Greenland which joined the Global Forum in September, 2017, will be reviewed against the standard of exchange of information upon request (EOIR) in 2019. The induction programme will enable Greenland to prepare its EOIR peer review. Greenland is also committed to perform its first automatic exchange of financial account information in 2018.

During the visit a one-day sensitisation seminar was also held to raise awareness of 11 participants from various Government agencies and the private sector on the international standards of transparency and exchange of information for tax purposes and their implications and opportunities for Greenland.

For more information please contact gftaxcooperation@oecd.org