Financial Transparency Coalition

The OECD, a club of rich countries that dominates rule-setting for global financial transparency standards, recently published a Handbook for implementing its new global tool for countries to co-operate in fighting tax evasion, known as the Common Reporting Standard (CRS). The new handbook is part of a series of milestones in the CRS’ roll-out following its initial

Over the past few years, there’s been a great deal of movement on the issue of country by country reporting (CBCR) for multinational corporations (MNCs). The G20 and OECD have developed new reporting requirements as part of their Base Erosion and Profit Shifting (BEPS) initiative, and the European Parliament has gone even further, calling for

The governments of G8 and G20 countries gave the OECD a global mandate to deliver country-by-country reporting, as a major tool to limit multinational corporate tax abuse, and with particular emphasis on the benefits for developing countries. New evidence shows that – even before its implementation – the OECD standard is likely to worsen existing inequalities in

Press Release Unresolved issues heading into Addis Summit threaten the future of development ADDIS ABABA—As decision makers arrive in Addis Ababa for the 3rd Financing for Development Conference (FfD), the unresolved issue of a global tax body to combat international tax dodging and illicit financial flows will be the key battleground and its failure would