A month ago we published a short, quick reaction to a new report by the OECD, outlining the nuts and bolts of a major new international system for information exchange. We have now spent quite some time exploring the OECD’s report, and have written a much more detailed response.
Our new report is entitled OECD’s Automatic Information Exchange Standard: A watershed moment for fighting offshore tax evasion ?.
Yet there are a number of shortcomings in the report, too: some technical, and some political.
Read more about it in the International Tax Review, via our earlier blog.