The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), the World Bank Group and the African Development Bank (www.AfDB.org) jointly published a new version of the Handbook on information exchange (https: / /bit.ly/3CovIgS), in order to support the tax authorities.
Information Exchange (EOI) is an essential tool for tax authorities around the world to ensure that all taxpayers pay the correct amount of tax.
The previous edition of the manual, published in 2013 by the Global Forum and the World Bank Group, was devoted to the exchange of information on request and the spontaneous exchange of information. This new edition covers a wider range of information exchange tools, such as tax audits allowing two or more jurisdictions to carry out simultaneous audits of persons of common or complementary interest, or tax audits at the same time. foreigner to collect information in a foreign jurisdiction. .
The manual can easily be adapted to meet the specific needs of a jurisdiction. It also provides checklists and various template letters to address the main forms of communication carried out by EOI units.
The French, Spanish and Portuguese versions of the manual will be published in the coming months.
Click here to download the manual – https://bit.ly/3CpmHo6 Click here to access more resources – https://bit.ly/3EpDtFf
Distributed by APO Group on behalf of the African Development Bank Group (AfDB).
Olufemi Terry Communications and External Relations Department African Development Bank Email: [email protected]
Pascal Saint-Amans Director of the OECD Center for Tax Policy and Administration +33 1 45 24 91 08 [email protected]
Zayda Manatta Head of the Global Forum Secretariat +33 1 45 24 82 29 [email protected]
About the Global Forum:
The Global Forum is the principal multilateral body mandated to ensure that jurisdictions around the world adhere to and effectively apply both the standard of transparency and exchange of information on request and the standard of automatic exchange of information. These goals are achieved through a robust monitoring and peer review process. The Global Forum is also running an extensive capacity building program to help its members implement the standards and help tax authorities make the most of cross-border information sharing channels.
About the African Development Bank Group:
The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). Present on the ground in 37 African countries with a field office in Japan, the AfDB contributes to the economic development and social progress of its 54 regional member states. For more information: j.mp/AfDB_Media.