Chartered Accountants Tax News - 5th Octber 2009

Mon, Oct 5, 2009


No jurisdiction now remains uncommitted to tax information exchange, according to the most recent OECD update on cross border information exchange to counter tax fraud.

Following a G20 meeting in April of this year, the OECD has published and periodically updated a list of countries surveyed in accordance with the international standard for exchange of tax information.

The Report lists all countries that have been surveyed by the OECD Global Forum in implementing the internationally agreed tax standard. Both Ireland and the UK were identified from the outset as jurisdictions that have "substantially implemented the internationally agreed tax standard". Several jurisdictions, while committed, have not yet substantially implemented information exchange. These include territories which the OECD describes as tax havens. Information exchange agreements between these jurisdictions and others number eight or nine for the likes of Antigua, Gibraltar and Liechtenstein, but none at all for others.

The current updated list is available here

Recommended Reading

Featured book

A Practical Guide to Insolvency by Kavanagh Fennell now available on the iBookstore This easy-to-use guide to the complexities of insolvency in Ireland for business managers, accountants, and other professionals, previously published in paperback, is available for your iPad in the iBookstore and for your Kobo eReader from KoboBooks.

Chartered Accountants Ireland Logo

Chartered Accountants House, 47 Pearse St, Dublin 2, Ireland


Tel: +353 1 637 7200

Chartered Accountants House, 32-38 Linenhall Street, Belfast, County Antrim BT2 8BG, United Kingdom‎


Tel: +44 28 90435840

CARB Logo GAA Logo

 

 

 

© Copyright Chartered Accountants Ireland 2012. All Rights Reserved.

Terms & Conditions | Privacy Policy

District Societies: Leinster | Ulster | Cork | London | Western | Mid-Western | North Western | Australian