Tax Transparency in Asia 2023: Asia Initiative Progress Report acknowledges progress achieved in Asia between 2009 and 2022 in implementing transparency and exchange of information (EOI) for tax purposes.
Mongolia has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2026.
Zimbabwe has joined the international fight against tax evasion by becoming the 167th member – and 36th African member – of the Global Forum on Transparency and Exchange of Information for Tax Purposes.
On 30 March 2023, within the framework of the pilot project for the wider use of treaty-exchanged information for non-tax purposes under the Latin America Initiative – Punta del Este Declaration, 194 officials from tax and non-tax agencies from Argentina, Costa Rica and Paraguay attended the second module on confidentiality and data safeguards delivered by the Secretariat of the Global Forum.
The Global Forum published today seven new peer review reports on transparency and exchange of information on request, for six of its members (Albania, the Czech Republic, Mexico, Nigeria, Saint Lucia and Togo) and one non-member, which had previously been deemed of relevance to its work on EOIR (Nicaragua).
Today, at the OECD Headquarters in Paris, Mr. Cao Anh Tuan, Deputy Finance Minister of Viet Nam, signed the world’s widest-reaching international treaty for multilateral tax co-operation, the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (or the Convention), bringing the total number of jurisdictions that participate in the Convention to 147.
Angola has joined the international fight against tax evasion by becoming the 166th member – and 35th African member – of the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum).
Following the successful pilot in 2021 and subsequent regional programmes in 2022, the Global Forum Secretariat is launching five new Train the Trainer(TtT) regional programmes in 2023 for Africa (one for English-speaking countries, the other for French-speaking ones), Asia, Central and Eastern Europe / the Middle East, and Latin America.
Armenia has committed to implement the international Standard for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) by 2025.
The 2023 Global Forum Capacity Building Report published today sheds light on the Global Forum’s capacity-building and outreach activities carried out in 2022 in support of the global implementation of the tax transparency standards.