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Daily Tax Report: International

OECD Toolkit to Help Bolster Countries’ Tax Crime Investigations

Nov. 30, 2020, 4:25 PM

The OECD is trying to help tax authorities strengthen their ability to fight tax crimes with a new toolkit, released Monday.

The toolkit is a self-assessment to help jurisdictions judge how well-developed their anti-tax-crime measures are, with the goal of helping countries better counter illicit financial flows and other illegal activities, and bolster domestic resources.

  • The Organization for Economic Cooperation and Development’s work also aims to boost taxpayer compliance and international cooperation to step up enforcement against tax crimes, the toolkit said.
  • “The effective investigation of tax crime is crucial in safeguarding revenue, tackling corruption and terrorist financing,...

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