The World Bank is hosting this 1½ day conference, May 23-24 at its Preston Auditorium, to discuss the issues around global “tax wars” affecting developing countries, draw on related areas … Read More
Tax Co-operation
Tax Administrators Meet in Beijing
The OECD Forum on Tax Administration (FTA) today concluded its Tenth Meeting in Beijing, the People’s Republic of China. The OECD says delivering on the OECD/G20 international tax agenda, through … Read More
Financial Services Ministry Speaks Out on ICIJ Release of Database
The International Consortium of Investigative Journalists (ICIJ) on Monday published the names of structures formed in international financial centres, arising from its so-called “[Panama Papers](https://panamapapers.icij.org/)” initiative. The ICIJ in fact … Read More
Country-by-Country Reporting – OECD Update
The OECD advises that Canada, Iceland, India, Israel, New Zealand and the People’s Republic of China today signed the Multilateral Competent Authority agreement for the automatic exchange of Country-by-Country reports … Read More
5 New Countries Commit to International Standard on Tackling Tax Evasion and Avoidance
Bahrain, Lebanon, Nauru, Panama and Vanuatu have now committed to share financial account information automatically with other countries. *“We are now seeing an unstoppable movement toward information sharing, on the … Read More
US Treasury Calls on Congress to Help Increase Financial Transparency
The U.S. Department of the Treasury today [announced](http://www.treasury.gov/press-center/press-releases/Pages/jl0451.aspx) several actions to strengthen financial transparency and combat the misuse of companies to engage in illicit activities. *”The Treasury Department has long … Read More
Sharing BEPS Country-By-Country Reports
Bermuda has become the 33rd signatory of the [Multilateral Competent Authority Agreement](http://www.oecd.org/tax/automatic-exchange/international-framework-for-the-crs/) for the automatic exchange of Country-by-Country reports (CbC MCAA), which is based on Article 6 of the [Multilateral … Read More
The Platform for Collaboration on Tax
The International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the United Nations (UN) and the World Bank Group (WBG) have announced a joint effort to intensify … Read More
Promoting a Sustainable and Balanced Global Recovery – and Tax Transparency
U.S. Treasury Secretary Jacob J. Lew presented [remarks](https://www.treasury.gov/press-center/press-releases/Pages/jl0427.aspx) at the [IMF-World Bank Spring Meetings](https://www.imf.org/external/spring/2016/) on Friday. He noted that at both the [G-20 Meeting of Finance Ministers and Central Bank … Read More
G20 Financial Officials on Tax Information Sharing and Financial Transparency
G20 Finance Ministers and Central Bank Governors met yesterday and today in Washington DC during the IMF and World Bank Spring Meetings. It seems that recent news headlines relating to … Read More