The OECD has updated Article 26 of the OECD Model Tax Convention explicitly to allow tax authorities to request information on a group of taxpayers without naming them individually.
The OECD’s Centre for Tax Policy said the move was a ‘step forward towards more transparency’. Many countries had always interpreted Article 26 to include group requests but, for some countries, ‘this represents a new interpretation’. Guidance on the update is provided on the OECD website.
The OECD has updated Article 26 of the OECD Model Tax Convention explicitly to allow tax authorities to request information on a group of taxpayers without naming them individually.
The OECD’s Centre for Tax Policy said the move was a ‘step forward towards more transparency’. Many countries had always interpreted Article 26 to include group requests but, for some countries, ‘this represents a new interpretation’. Guidance on the update is provided on the OECD website.
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