Improving transparency and stepping up exchange of information in tax matters

The fight against tax fraud and evasion was given renewed political impetus on 21 October 2008 when 17 OECD countries agreed to step up pressure for full implementation of the OECD’s transparency and information exchange standards. The initiative, spearheaded by the French and German governments, called on OECD to review how countries and territories are assessed for full compliance with the exchange of information requirements.