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Transfer Pricing Report

Taxpayers Can’t Hide Much Globally Any More, OECD Official Says

Jan. 18, 2019, 2:20 PM

Transparency and information-exchange efforts in the U.S. and around the world are making it harder for multinational companies and tax evaders to hide information, an OECD tax official said.

  • “Taxpayers can’t bunker their information in one place and think that it’s going to remain invisible to other tax authorities,” said Jeremiah Coder, tax policy adviser at the OECD in Paris
  • The Organization for Economic Cooperation and Development’s 15-point plan to block profit shifting to low- or no-tax jurisdictions is helping to speed information-sharing among tax authorities
  • Measures like country-by-country reporting, the common reporting standard, and spontaneous exchange...
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