Head of South Africa’s Revenue Service and chair of the OECD Global Forum on Transparency and Exchange of Information (Global Forum), Kosie Louw, speaking following the release of 11 new reports on the adequacy of the assessed countries information exchange in practice; and two Phase 1 reports on the adequacy of the legal and regulatory… More OECD Global Forum Announces Publication of November Tax Haven Blacklist.
The 120 members of the OECD Global Forum on Tax and Exchange of Information for Tax Purposes (‘Global Forum’), should not make the mistake of assuming that because the OECD’s Progress Report to the G20 Finance Ministers and Central Bank Governors (‘G20’) was not as widely publicised as the group’s endorsement of the OECD’s Action Plan… More G20 Re-Writes OECD Global Forum Work Programme to Focus on Automatic Information Exchange.
On page 11 of the OECD report to the recently concluded G8 Summit titled “A Step Change in the Transparency Agenda” is the following footnote: “In view of the next G20 Summit, we also strongly encourage all jurisdictions to sign or express interest in signing the Multilateral Convention on Mutual Administrative Assistance in Tax Matters… More I Predict a New OECD Tax Haven Blacklist…Here’s the Evidence.
1. Meeting from October 26-27 in Cape Town, South Africa, the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes ( ‘The Global Forum’) welcomed 10 new members: Albania, Burkina Faso, Cameroon, Gabon, Kazakhstan, Latvia, Lithuania, Pakistan, Tunisia and Uganda. It also welcomed the Centre de rencontres et d’études des dirigeants des… More 7 Key Outcomes of the 2012 Meeting of the OECD Global Forum.
Isn’t it odd that the poster-child of the G20/OECD tax information exchange agenda should now be subject to such staunch opposition? Stranger still that the proponents of exchange of tax information ‘on request’ as set out in various bilateral arrangements promoted by the OECD and endorsed by the G20 who both signalled its acceptance as… More Is Automatic Exchange of Information the End Game?