Further guidance regarding automatic exchange of financial account information in tax matters; it includes a) Frequently Asked Questions as well as b) the second edition of the Standard for Automatic Exchange of Financial Account Information in Tax Matters; for more information please see the attached FAQ documents as well as the following link: http://www.oecd.org/tax/oecd-releases-new-guidance-for-automatic-exchange-of-financial-account-information-in-tax-matters.htm
OECD published on 24 November 2016 the Multilateral Convention to implement tax treaty elated measures to prevent base erosion and profit shifting. The 49 pages of the convention are rather dwarfed by the 86 pages of Explanatory Notes.
The OECD’s work to advance tax certainty specifically includes work to improve the timeliness of processing and completing mutual agreement procedure (MAP) cases under tax treaties and to enhance the transparency of the MAP process. As part of this work, the OECD makes available to the public, via its website, annual statistics on the MAP […]