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Five Countries’ Tax Offices Join Forces to Fight Financial Crime

June 28, 2018, 6:48 PM

Tax authorities from the U.S., the U.K., Canada, Australia, and the Netherlands have created an international enforcement group to fight crime and speed up responses to financial data dumps like the Panama Papers.

The formation of the group comes after the Organization for Economic Cooperation and Development’s call for countries to share technology and data to crack down on criminals and get ahead of cyber crime. The group, the Joint Chiefs of Global Tax Enforcement, was announced June 28 in a press call.

The group will share data, intelligence, technology and methods, “pilot new initiatives,” and conduct joint ...