TAX COMPLIANT COUNTRIES IN 2012

The OECD issued its global survey of 2012 about the jurisdictions which have already implemented the internationally agreed tax standard. The tax standard requires exchange of information on request in all tax matters and also provides for extensive safeguards to protect the confidentiality of the information exchanged. The OECD issued its global survey of 2012 about the jurisdictions which have already implemented the internationally agreed tax standard. The tax standard requires exchange of information on request in all tax matters and also provides for extensive safeguards to protect the confidentiality of the information exchanged. The countries covered by the progress report are the 30 OECD countries, the observer countries and jurisdictions that met the tax haven criteria. In 2009 there were only a few unco-operative tax havens but in 2012 there was not any jurisdiction which has not committed to the internationally agreed tax standard. Only Nauru, Guatemala and Niue have not yet substantially implemented the tax standards but it is important to highlight that these countries also have already committed to the regulation.