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The Oecd And Its Campaign Against Harmful Tax Competition: Is This International Law?, John Mclaren
The Oecd And Its Campaign Against Harmful Tax Competition: Is This International Law?, John Mclaren
John McLaren
Since the late 1990's, the OECD (Organisation for Economic Co-operation and Development) has been very active in its campaign against 'harmful tax competition'. The campaign against tax havens and offshore financial centres involved the naming and shaming of some 36 tax havens. Since then a number of tax havens have agreed with the OECD to reform their bank secrecy laws and to become more transparent in their dealings with other countries. To some extent there have been threats of sanctions against tax havens if they did not agree to co-operate but generally most tax havens have accepted the views of …
The Oecd's "Harmful Tax Competition" Project: Is It International Law?, John Mclaren
The Oecd's "Harmful Tax Competition" Project: Is It International Law?, John Mclaren
John McLaren
On 13 March 2009 the Organisation for Economic Co-operation and Development (OECD) announced that Austria, Luxembourg and Switzerland had agreed to introduce laws to allow for the exchange of information on tax evaders. The OECD has been actively trying to protect the national tax bases of its member states and this has now become an imperative with the global financial crisis and government deficits. The OECD's harmful tax competition project has been actively pursued for the past 12 years and appears to be receiving worldwide acceptance. On this basis it can be strongly argued that it now has the status …