|Date||10-09-2018 – 15-09-2018|
|Venue||Jeju Islands, Korea|
|Attendees|| Senior tax and finance officials involved in the legal and practical aspects of exchange of |
information and assistance in tax collection (i.e. competent authority work, heads of Large
Taxpayer Units, senior managers of international tax audit departments).
|G20 Leaders at their meeting in September 2013 fully endorsed the OECD proposal for a truly global model for automatic exchange of information and invited the OECD, working with G20 countries, to develop such a new single standard for automatic exchange of information, including the technical modalities, to better fight tax evasion and ensure tax compliance. The Standard, developed in response to the G20 request and approved by the OECD Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions.|
※ For more information, please visit Knowledge Sharing Platform (www.ksp-ta.org)