OECD: Launches facility to disclose CRS avoidance schemes with 1800 bilateral exchange relationships

May 09,2017

OECD launches facility to disclose Common Reporting Standard (CRS) avoidance schemes with over 1800 bilateral exchange relationships in place across globally for exchange of CRS information; Additional 500 bilateral automatic exchange relationships now established between over 60 jurisdictions for exchanging information automatically pursuant to CRS which will commence in 2017; Most of bilateral relationships is based on the Multilateral Competent Authority Agreem...

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