Nick Shaxson ■ Singapore and Switzerland to engage in automatic info exchange?
From Le Monde:
After intense diplomatic negotiations, [Switzerland and Singapore] are expected to sign an official declaration resolving to engage in automatic information exchange, alongside more than 40 other countries – including 34 OECD member states, but also G20 non-OECD member states, including China and Russia.
According to our information, this surprise is expected to happen in Paris, at a meeting of the OECD.
The announcement of the ‘surrender’ of Switzerland and Singapore — two countries http://healthsavy.com/product/kamagra/ whose economies are built on finance and inviolable banking secrecy, and who have for a long time been resistant to any change — should be seen as a major advance in the global battle against tax evasion.”
Let’s see what happens. Fascinating, if true.
Related articles
🔴Live: UN tax negotiations
Tax Justice transformational moments of 2024
The Tax Justice Network’s most read pieces of 2024
Breaking the silos of tax and climate: climate tax policy under the UN Framework Convention on International Tax Cooperation.
Seven principles of good taxation for climate finance
9 December 2024
Joint statement: It’s time for the OECD to walk the talk on human rights
Did we really end offshore tax evasion?
The State of Tax Justice 2024
EU public consultation on the Anti-Avoidance Directive
Indicator deep dive: ‘Royalties’ and ‘Services’
Submission to EU consultation on Anti-Tax Avoidance Directive (ATAD)
6 November 2024