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PROMOTING TRANSPARENCY AND EXCHANGE …
PROMOTING TRANSPARENCY AND EXCHANGE OF INFORMATION FOR tax purposes A Background Information Brief 19 January 2010 For more information please contact: Jeffrey Owens, OECD Centre for Tax Policy and Administration Director or Pascal Saint-Amans, Global Forum Secretariat PROMOTING TRANSPARENCY AND EXCHANGE OF INFORMATION FOR tax purposes 19 January 2010 2 1. Tax avoidance and tax evasion threaten government revenues throughout the world. The US Senate estimates revenue losses amount to 100 billion dollars a year and in many European countries the sums run into billions of euros.
PROMOTING TRANSPARENCY AND EXCHANGE OF INFORMATION FOR TAX PURPOSES 19 January 2010 3 other OFCs, the vast majority of agreements are with countries which have an interest in obtaining
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