OECD Secretary General to Announce 15 Blacklisted Countries

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Fifteen countries have been threatened of being publicly identified by the OECD for not implementing its tax transparency standards, OECD secretary-general Ms Gurriá announced the name and shame plans in Buenos Aires at the G20 Leaders’ Summit last week.

The OECD wants to report the results of talks with these jurisdictions to the G20 summit in June 2019, with a list of jurisdictions that have not made enough progress and may be blacklisted. Angel Gurriá, the SG of the OECD also stated that a worldwide solution to the controversy on taxing multinational companies’ digital service revenues is reachable by 2020, although no currently no agreement has been reached yet.