OECD: Gurría welcomes international progress towards automatic exchange of information

According to the OECD Newsletter: “OECD Secretary-General Angel Gurría has welcomed moves by more than 40 countries – reinforced  by EU leaders  – to commit to a detailed timetable to step up the fight against tax evasion.

The European Council last week called on a number of European states to join a group of “early adopter” countries committed to the new single global standard for the automatic exchange of information between tax authorities, developed by the OECD. The early adopters this week publicly announced their commitment to implement the new standard on the basis of ambitious, specific and co-ordinated timelines. At the same time, Austria and Luxembourg dropped their objections to revision of the EU Savings Directive, thereby paving the way for its adoption today”.

See the full information at the OECD webpage.

Pedro Herrera

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s