The Organisation for Economic Co-operation and Development (OECD) published its latest report on tax transparency, highlighting progress made by countries in exchanging information and combatting tax evasion.
The fight against tax evasion is gaining momentum, with the Organisation for Economic Co-operation and Development (OECD) releasing its latest report on tax transparency. This comprehensive document paints a picture of progress made by countries around the world in exchanging information and cracking down on illicit financial activities.
he OECD report, titled "Exchange of Information on Request in Tax Matters: 2023 Update," delves into the effectiveness of international agreements and mechanisms designed to facilitate the exchange of tax information between countries. This crucial data exchange plays a vital role in exposing hidden wealth, uncovering tax avoidance schemes, and ensuring that all individuals and businesses pay their fair share.
