OECD: Status report, automatic exchange of information (AEOI)
OECD: Status report, automatic exchange of information
The Organisation for Economic Cooperation and Development (OECD) on 19 March 2020 announced that at the first meeting of Automatic Exchange of Information Peer Review Group (APRG), held between 16 March 2020 and 18 March 2020, representatives of 34 Global Forum members discussed key issues involved concerning the required mechanisms of jurisdictions for implementation of an effective standard for automatic exchange of financial account information in tax matters (AEOI standard), and the potential implications of recent developments around COVID-19.
The APRG has been recently established by the Global Forum on Transparency and Exchange of Information for Tax Purposes for effective implementation of the AEOI standard.
The meeting was held remotely, and approximately 90 delegates from across the globe participated.
Read a March 2020 report [PDF 87 KB] prepared by KPMG LLP
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