The are three key measures governments can take to tackle tax havens known as the “ABCs” of tax justice: automatic exchange of information, beneficial ownership registration and country by country reporting. The three measures are designed to detect and deter corporate tax abuse and private tax evasion.
The “ABCs” of tax justice have wide support from experts and campaigners around the world. Some elements of the ABCs have become international standards while others are only just beginning to make their way into law in some countries.