Angel Gurría

Latest news

Non-Profits Receive Deadline Extension

Over 300 000 US charities are at risk of losing their tax exemption status, unless they make use of the Government’s new tax return filing deadline extension.

UK Consulting on Tax Issues

The UK Government is taking action to show national taxpayers and international investors that the country “is open for business”, by initiating an extensive round of public consultation of tax system legislation issues.

Tax Collection from Oil Exceed Industry Profit

The oil and gas industry is facing heavy criticism from the media, the public, and subsequently US Government politicians, under the assumption that the sector is under-taxed and action has to be taken to correct the situation. However, tax revenues arising from the sector in recent years have eclipsed the profits made by the entire oil extraction and exploration industry.

International Fight on Foreign Bribery Lagging

Countries representing an approximate 70 percent of world trade have been deemed as not having taken enough action to combat the occurrence of international bribery.

OECD Updates Several Tax Guidelines

In an effort to maintain a relevant and up-to-date set of instruments to facilitate international tax agreements and transactions, the Organization for Economic Cooperation and Development has published revised versions of its vital documents.

Sep 10, 20090

Tax Information Exchange Agreement Update

Categories: International Tax Cooperation, Offshore Banking, Tax Havens, Taxation in Australia, Taxation in British Virgin Islands, Taxation in Canada, Taxation in Cayman Islands, Taxation in EU, Taxation in France, Taxation in Germany, Taxation in Ireland, Taxation in Liechtenstein, Taxation in Monaco, Taxation in New Zealand, Taxation in Turks & Caicos Islands, Taxation in UK, Taxation in USA

Since the April G20 summit, over 50 new TIEA agreements have been signed across the globe. The London G20 Summit, held on the 2nd of April this year, heralded an unprecedented wave of Tax Information Exchange Agreement (TIEA). In what was described as “revolutionary” by Angel Gurría, OECD Secretary-General, the number of completed TIEAs has almost doubled since their inception in late 2000. Since the G20 summit, and subsequent global push for greater tax transparency and compliance, the following 53 agreements have been ... Read More

Sep 8, 20090

OECD Forum Discusses Tax Transparency

Categories: International Tax Cooperation, Offshore Banking, Tax Havens

During the OECD Global Forum on Transparency and Exchange of Information further steps were taken to combat tax evasion, and completed steps were hailed as a stunning success. The OECD Forum on Transparency and Exchange of Information, which took place in Mexico City on the 1st and 2nd of September, was aimed at discussing global progress regarding the implementation of international standards of transparency and exchange of tax information as set forward by the OECD created Model Tax Information Exchange Agreement (TIEA) and ... Read More

Previous -