Russian and Indonesian taxpayers fear automatic sharing of CbC information
January 31, 2017
Salman Shaheen TPW
Five more jurisdictions signed up to the OECD’s tax co-operation agreement to enable the automatic sharing of country-by-country information. But among taxpayers in the largest of these economies, advisers report concerns.
Russia, Indonesia, Gabon, Malta and Mauritius signed the Multilateral Competent Authority Agreement for Country-by-Country Reporting at a ceremony held during the second meeting of the Inclusive Framework on BEPS on January 26-27. With Lithuania joining the Agreement in October last year and Hungary joining in December, the total number of signatories now stands at 57.
Sorry. You must be a subscriber to view this article. Alternatively, why not take a free trial? To subscribe and access this article immediately simply click here or call +44(0)207 779 8380.