{{NPOV language, date=June 2013
In the area of tax policy, Exchange of Information is a critical tool in assuring compliance with tax codes. As the economy becomes increasingly
globalized
Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. The term ''globalization'' first appeared in the early 20t ...
taxpayers gain greater freedom to move between countries and regions. Tax authorities, however, are restrained by national borders. In order for governments to ensure the proper application of their tax laws, the free and accurate exchange of information is critical. The
OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate e ...
Centre for Tax Policy and Administration The Centre for Tax Policy and Administration is part of the Secretariat of the Organisation for Economic Co-operation and Development in France. Pascal Saint-Amans serves as the director of the Centre.
Among its initiative have been :
* Base eros ...
works to improve flow of information in this area and establish a legal framework to facilitate it.Exchange of Information, OECD Centre for Tax Policy and Administration, OECD.org, 16 July 2007 http://www.oecd.org/department/0,3355,en_2649_33767_1_1_1_1_1,00.html.
See also
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Tax treaty
A tax treaty, also called double tax agreement (DTA) or double tax avoidance agreement (DTAA), is an agreement between two countries to avoid or mitigate double taxation. Such treaties may cover a range of taxes including income taxes, inheritance ...