|Department||Treasury and Exchequer|
|Type of consultation||Other|
|Deadline for comments||11/06/2015|
About the consultation
In 2014 the Organisation for Economic Co-operation and Development (OECD), working with G20 countries, published a new international standard in the automatic exchange of financial account information.
This consultation aims to assess the possibility of putting in place a common system for tax administrations from all committed jurisdictions to exchange high-volume bulk tax information on an annual basis.
The regular and automated bulk transfer of confidential information is being used as a means for cooperation between tax authorities to make sure internationally mobile taxpayers comply with their tax obligations and exchanges are made in time.
You can find out more about the study in the note below. You’ll also find a response template to submit your views.
Download study on a Common Transmission System note (size 631kb)
Standard for Automatic Exchange of Financial Account Information in Tax Matters on the OECD website
How to submit comments to the consultation
This consultation is now closed.