Nick Shaxson ■ Singapore and Switzerland to engage in automatic info exchange?
From Le Monde:
After intense diplomatic negotiations, [Switzerland and Singapore] are expected to sign an official declaration resolving to engage in automatic information exchange, alongside more than 40 other countries – including 34 OECD member states, but also G20 non-OECD member states, including China and Russia.
According to our information, this surprise is expected to happen in Paris, at a meeting of the OECD.
The announcement of the ‘surrender’ of Switzerland and Singapore — two countries http://healthsavy.com/product/kamagra/ whose economies are built on finance and inviolable banking secrecy, and who have for a long time been resistant to any change — should be seen as a major advance in the global battle against tax evasion.”
Let’s see what happens. Fascinating, if true.
Related articles
🔴Live: UN tax negotiations – First Session
What to know and expect ahead of this week’s UN tax negotiations
The secrecy enablers strike back: weaponising privacy against transparency
Privacy-Washing & Beneficial Ownership Transparency
26 March 2024
Ireland (again) in crosshairs of UN rights body
Tax policy and gender disparity: A call to action on International Women’s Day 2024
Policy research conference: How a UN Tax Convention can address inequality in Europe and beyond
The IMF’s anti-money laundering strategy review is promising, but it all comes down to implementation
Inequality Inc.: How the war on tax fuels inequality and what we can do about it
Proposal for ‘Business in Europe: Framework for Income Taxation’ (BEFIT): A wrong turn in the right direction
2 February 2024