OECD to release over 50 peer reviews on tax norms by Nov

As part of efforts to improve exchange of tax information, Paris-based grouping OECD will come out with over 50 peer review reports, mainly on taxation standards of countries by November this year. The Organisation for Economic Cooperation and Development (OECD) is leading initiatives on international tax norms and works closely with the G20 nations on cracking down on tax havens that allegedly help people to stash unaccounted money.

“… 18 peer reviews have been done and 19 more would be ready by May, when there is going to be a meeting of the whole global forum and by November, when we report to the G-20, we will have 70 (peer review reports),” OECD Secretary General Angel Gurria told PTI in an interview.