OECD CRITICISES TAX RULE WEAKNESSES IN REVIEW OF 12 COUNTRIES
September 1st, 2011
BY KEITH NUTHALL
PEER review reports on tax rules coordinated by the Organisation for Economic Cooperation & Development (OECD) have attacked jurisdictions over tax information law weaknesses, including the UK. It had "insufficient mechanisms...to identify owners of bearer shares and...restrictive...statutory information gathering powers," said the OECD. Also, the September criticised Andorra for weak corporate notification, rule enforcement and ownership information concerning foreign trusts with Andorran trustees. Antigua & Barbuda had ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.