Global Forum on Transparency and Exchange of Information for Tax Purposes: Difference between revisions

{{primary sources|date=May 2016}}

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{{Infobox organization

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In 2000, the Forum published a blacklist of 35 [[tax haven]]s, which by 2009 had shrunk to zero. It has since focused on increasing the standard for exchange of information. {{As of| December 2021}}, the Forum had 163 member tax jurisdictions and the [[European Union]], all on equal footing.<ref name=GF_members>{{cite web |url=http://www.oecd.org/tax/transparency/about-the-global-forum/members/ |title=Global Forum Members |publisher=Global Forum on Transparency and Exchange of Information on Tax Purposes |accessdate=}}</ref>

 

==Activities==

 

===Exchange of Information on Request===

In March 2010, international efforts were stepped up when the U.S. Congress passed the [[Foreign Account Tax Compliance Act]] (FATCA) which forces foreign financial firms to disclose their American clients.{{citation needed|date=May 2016}} Also in 2010, the 1988 [[Convention on Mutual Administrative Assistance in Tax Matters]] was amended to include automated exchange of tax information, a key instrument in fighting tax evasion, and expanding it to developing countries.<ref>{{cite web | url=http://www.oecd.org/ctp/exchange-of-tax-information/conventiononmutualadministrativeassistanceintaxmatters.htm | title=Convention on Mutual Administrative Assistance in Tax Matters | publisher=OECD | date=n.d. | accessdate=21 November 2015}}</ref> In 2013, a working group was formed to promote the automated exchange of tax information.{{citation needed|date=May 2016}}

 

 

 

[[Image:Global Forum on Tax transperency.png|thumb|right|400px|{{legend|#008000|Member tax jurisdictions as of 2011}} {{legend|#00ff00|Interest in membership as of 2011}}]]

*{{flag|European Union}}

Tax jurisdictions

*{{flag|Albania}}

*{{flag|Andorra}}

*{{flag|France}}

*{{flag|Gabon}}

*{{flag|Georgia}}

*{{flag|Germany}}

*{{flag|Morocco}}

*{{flag|Namibia}}

*{{flag|Nauru}}

*{{flag|Netherlands}}

*{{flag|Uruguay}}

*{{flag|Vanuatu}}

 

===Observers===

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===Automated Exchange of Information===

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==See also==