Major new steps to boost international cooperation against tax evasion

The new OECD/G20 standard on automatic exchange of information was endorsed today by all OECD and G20 countries as well as major financial centres participating in the  annual  meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes in Berlin. A status report on committed and not committed jurisdictions  will be presented to G20 leaders during their annual summit in Brisbane, Australia on November 15-16.