The Six Global Conference On Taxation: Focus On Cross Border Tax Evasion

< p > < strong > tax information will be automatically exchanged < /strong > < /p >.

< p > the Secretariat of the Global Forum on taxation is located at the headquarters of the organisation for economic cooperation and development.

The press conference released by reporters showed that the General Assembly agreed to set up an automatic tax information exchange group to assist the global tax forum in preparing, supervising and evaluating the automatic exchange of tax information.

< /p >

< p > Pascal Sangaman, director of the tax policy center of the OECD, told Xinhua that the group of twenty supports the automatic exchange of tax information as a new standard for global tax information exchange.

The implementation of the new standards and technical details will be formulated by the OECD, which is expected to be introduced in the summer of 2014, and will be implemented by developed countries at the end of 2015.

< /p >

< p > St. Alan said that the implementation of tax information automatic exchange also requires relevant countries to formulate or modify the legal framework for tax information exchange, and establish corresponding information exchange system.

< /p >

The P conference of the global tax forum announced the results of the review on the legislation and enforcement of tax information exchange in the first 50 countries and the "a" href= http://cailiao.sjfzxm.com/ jurisdiction "/a" jurisdiction in Jakarta.

The results showed that 18 jurisdictions were rated "compliance" and 26 jurisdictions were rated as "highly compliant". Two jurisdictions were rated "partial compliance" and four jurisdictions were classified as "non compliant".

14 jurisdictions have yet to be reviewed.

< /p >

< p > < strong > opening up a new era of tax cooperation < /strong > /p >

< p > the global tax forum is the largest organization in the world, < a href= "http://www.91se91.com/news/index_p.asp" > tax /a >. It was founded in early twenty-first Century and now has 121 jurisdictional members.

The forum has played an important role in advocating and promoting international tax pparency and information exchange standards, and has been conducting peer review on pparency and information exchange of Member States since 2010.

< /p >

< p > St. Armand said that the evaluation results of the global tax forum show that the world has made important progress in strengthening tax pparency and information exchange.

5 years ago, some countries refused to make any legislative efforts on the exchange of tax information in the name of protecting the banking secrecy system.

< /p >

< p > another important achievement is the increasing number of signatories to the Convention on mutual assistance in multilateral tax collection and management.

The Convention on mutual assistance in multilateral tax collection and management is a multilateral treaty aimed at combating cross-border tax evasion through international tax collection and management and maintaining fair taxation order.

According to the data released by the OECD, 63 countries have signed the Convention, including the international offshore financial center, such as Switzerland and Luxemburg, which do not want to abolish the banking secrecy system.

Next, more countries will sign the Convention.

< /p >

The international community has attached great importance to tax collection and management cooperation in order to cope with the increasingly serious problem of tax planning since the P < 2008 a href= "http://www.91se91.com/news/index_cj.asp" > the financial crisis < /a >.

Hatib Basri, Minister of finance of Indonesia, said: "when the recovery of most of the world's economies is still fragile, many jurisdictions agree to strengthen international tax cooperation. This is a positive attitude.

There is no doubt that the world will open a new era of tax cooperation. "

< /p >

< p > < strong > Switzerland has increased international pressure < /strong > /p >

The assessment results released by the P global tax forum show that Luxemburg, Cyprus, Seychelles and the British Virgin Islands have enacted a legal framework to enhance tax pparency and intelligence exchange, but have not really implemented them.

Switzerland has yet to establish a legal framework for tax pparency and information exchange.

< /p >

(P) the Swiss State Secretariat in charge of international finance is trying to downplay the significance of this review.

A spokesman for the Secretariat believes that Switzerland has taken positive measures to change the reality.

< /p >

Although P is not very willing, Switzerland has been working hard to achieve international standards in tax cooperation since March 2009, and finally signed the Multilateral Convention on mutual assistance in tax collection and administration in October this year.

This also means that the Swiss banking secrecy system is coming to an end.

< /p >

< p > Saint amon said that international cooperation in tax collection and administration still needs to be strengthened to eliminate the last obstacles and difficulties, and the area of cooperation needs further clarifying.

The Swiss government has indicated that it has submitted to the parliament a draft or amendment to enhance tax pparency and information exchange. The Global Forum on taxation will closely follow the relevant legislative process in Switzerland.

< /p >