The OECD and the G-7: The Dynamic Duo of Fighting Tax Crime

Peter Cotorceanu Blog, CRS, CRS Disclosure Facility, OECD

On 5 May, the OECD announced the opening of a “CRS Disclosure Facility”. (The Announcement is available here.) The Disclosure Facility is intended to facilitate reporting of “loopholes”, “schemes”, “products”, or “arrangements” that may be used for circumventing CRS. The OECD’s announcement was followed on 13 May by a formal request from the G-7 member states at the annual meeting …