OECD TAX FORUM HIGHLIGHTS INFORMATION SHORTCOMINGS IN TARGET JURISDICTIONS

BY KEITH NUTHALL A MEETING of the Global Forum on Transparency and Exchange of Information for Tax Purposes, staged by the Organisation for Economic Cooperation & Development (OECD) has accepted reports highlighting significant shortcomings in openness for some jurisdictions. The Pacific island state Vanuatu fared worse, being accused of "significant deficiencies in the availability of information" with its government lacking "any powers to access information" about taxing its residents and companies. Oil-rich Brunei was also attacked for ...


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