Transcription of Automatic Exchange of Financial Account Information - OECD
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Automatic Exchange of Financial Account Information - OECD
Automatic Exchange of Financial Account Information BACKGROUND Information BRIEF Updated: January 2016 For further Information , please contact: Pascal Saint-Amans, Director, OECD Centre for Tax Policy and Administration, E-mail: Monica Bhatia, Head of the global forum Secretariat, OECD Centre for Tax Policy and Administration, Email: Achim Pross, Head of Division, OECD Centre for Tax Policy and Administration, E-mail: 2 Automatic Exchange OF Information A full overview of the work of the OECD and the global forum in the area of the Automatic Exchange of Information in tax matters, as well as a wealth of jurisdiction-specific Information , can be found on the joint aeoi Portal. Vast amounts of money are kept abroad and go untaxed to the extent that taxpayers fail to comply with tax obligations in their home jurisdictions. Jurisdictions around the world, small and large, developing and developed, OECD and non-OECD, stand united in calling for further action to address the issues of international tax avoidance and evasion.
5 3. Role of the Global Forum on Transparency and Exchange of Information for Tax Purposes In recognition of the emergence of AEOI as a new global standard that supports and enhances exchange
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