Still some way to go for greater international tax transparency

The quick implementation of the global exchange of financial information for tax purposes has been described as “remarkable” and even “admirable”.

However, concerns remain about weaknesses in the legal framework and the ability of some jurisdictions to ensure taxpayer information is kept confidential and secure.

The Organisation for Economic Cooperation and Development (OECD), together with the G20 countries, started discussions in 2012

FULL ARTICLE https://www.moneyweb.co.za/mymoney/moneyweb-tax/still-some-way-to-go-for-greater-international-tax-transparency/

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