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The Exchange of Tax Information Portal is an initiative of the Global Forum on Transparency and Exchange of Information for Tax Purposes. The Global Forum conducts peer reviews of its member jurisdictions' ability to co-operate with other tax administrations in accordance with the internationally agreed standard. The standard provides for exchange of information on request where it is foreseeably relevant to the administration and enforcement of the domestic tax laws of the requesting jurisdiction. Effective exchange of information requires that jurisdictions ensure information is available, that it can be obtained by the tax authorities and that there are mechanisms in place allowing for the exchange of that information. The Global Forum's peer review process examines both the legal and regulatory aspects of exchange (Phase 1 reviews) and the exchange of information in practice (Phase 2). The EOI Portal will track the development of these peer reviews, including changes that jurisdictions make in response to the Global Forum's recommendations.

News: Global Forum on tax transparency shifts focus to effectivene...

Global Forum on tax transparency shifts focus to effectiveness of information exchange

11 Apr 2013

11/04/2013 – The Global Forum on Transparency and Exchange of Information for Tax Purposes has released 15 peer review reports. 9 reports evaluate the tax systems relating to exchange of information in Belize, Finland, Iceland, Nauru, Poland, Portugal, Sweden and Turkey. In a further 4 reports, the Global Forum assesses the information exchange practices of Belgium, the Cayman Islands, Guernsey and Singapore. The Global Forum has also released two supplementary reports, for Costa Rica and United Kingdom.

http://www.oecd.org/newsroom/global-forum-on-tax-transparency-shifts-focus-to-effectiveness-of-information-exchange.htm