The OECD global forum has published reports on seven jurisdictions from the second round of peer reviews assessing compliance with the international standard on tax transparency and exchange of information on request.
The jurisdictions reviewed were: Hong Kong, Liechtenstein, Luxembourg, the Netherlands, North Macedonia, Spain and the Turks & Caicos Islands, were rated ‘largely compliant’.
These second-round reviews assess jurisdictions against the updated standard which incorporates beneficial ownership information of all relevant legal entities and arrangements, in line with the definition used by the Financial Action Task Force recommendations. See bit.ly/2HNpsWS.
The OECD global forum has published reports on seven jurisdictions from the second round of peer reviews assessing compliance with the international standard on tax transparency and exchange of information on request.
The jurisdictions reviewed were: Hong Kong, Liechtenstein, Luxembourg, the Netherlands, North Macedonia, Spain and the Turks & Caicos Islands, were rated ‘largely compliant’.
These second-round reviews assess jurisdictions against the updated standard which incorporates beneficial ownership information of all relevant legal entities and arrangements, in line with the definition used by the Financial Action Task Force recommendations. See bit.ly/2HNpsWS.
