OECD Secretary-General Angel Gurria has presented a report to G20 Finance
Ministers and Central Bank Governors that highlights measures to ensure that all
taxpayers pay their fair share. The report covers three strategic initiatives:
- Global Forum on
Transparency and Exchange of Information for Tax Purposes
- Automatic
Exchange of Information
- Addressing Base
Erosion and Profit Shifting
As Base Erosion and
Profit Shifting undermine tax revenues and the fairness of the tax system, the
OECD has strengthened its work to put an end to international double
non-taxation. The report also provides an update on the OECD's work on Base
Erosion and Profit Shifting noting that an Action Plan will be delivered to the
Moscow meeting of G20 Finance Ministers meeting in July 2013.
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