Topic: tax transparency
Global tax information exchange covered US$11.1 trillion in 2021
The OECD reported that tax transparency efforts increased last year as information on at least 111 million financial accounts was exchanged automatically worldwide, covering total assets of nearly 11 trillion euros (US$11.1 trillion).
US lawmakers pass offshore disclosure and ESG standardisation bills
US lawmakers have approved legislation that will require the standardised reporting of environmental, social and governance (ESG) measures as well as the disclosure of offshore activities by US corporations.
Lawmakers pass six financial services bills
Government and opposition members of the Legislative Assembly approved changes to the six financial services laws on Wednesday.
