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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. Co-operation between tax administrations is critical in the fight
against tax evasion. Co-operation is critical in winning this battle and a key aspect of that co-operation is
exchange of information.
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 …