“A new standard of exchanging information on tax is expected to be introduced in countries belonging to the OECD. The new system will probably by based on US anti-tax evasion legislation known as FATCA, according to Pascal Saint-Amans, director of the OECD’s Centre for Tax Policy and Administration. Saint-Amans spoke to swissinfo.ch about the plans to introduce automatic exchange of tax information which the OECD intends to present for scrutiny next February. This future international standard is considered to be much more exacting than the current model and incompatible with the present system in Switzerland.”
http://www.swissinfo.ch/eng/politics/OECD_seeks_inspiration_from_FATCA_model.html?cid=37494258
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Far-right and anti-fascists face off over London soldier murder
Federal Reserve urban warfare training draws eyes to sky over Twin Cities
Fidelity now allows clients to put bitcoins in IRAs
Ridiculous licensing rules are holding back people who want to work
CEO makes $1.5 million warehousing immigrant kids
Britain should stay in European Union, says Obama administration
Return of Cash Sparks Emerging-Market Rallies
Why Europe’s most powerful man got covered in confetti
Basta 'La Casta': No End in Sight to Italy's Economic Decline
Man who taped police putting Eric Garner in chokehold arrested
Living in U.S. raises risk of allergies
Abe's party loses local vote after Japan's security policy shift
Glenn Greenwald Tears Into Toobin Over Manning, Snowden
NSA monitored millions of French phone calls, Mexican President's email
U.S. soldier could face death over Afghan massacre