Category: Articles

Automatic exchange of bank account information (AEOI) under the OECD’s Common Reporting Standard (CRS) is set to start during 2017. While more than 100 countries have committed to implement it, there are serious loopholes and concerns with regards to access by all countries (especially developing ones), its enforcement, the limited use of the information that can be obtained and the lack of participation by the United States. 

Read the report of Tax Justice Network