Did we really end offshore tax evasion?

The OECD claims to have ended bank secrecy by adopting a longstanding Tax Justice Network transparency proposal (known as automatic exchange of information) that exposes these hidden offshore accounts.

Recent research found that Denmark exposed two-thirds of hidden offshore wealth using the OECD’s ‘Common Reporting Standard’. It suggested that this might be true for every country.

We dig into these claims in the infographic below, which summarises the findings from our State of Tax Justice 2024 report on the matter.