INTERNATIONAL TAX PLAZA - Global Forum on Transparency and Exchange of Information for Tax Purposes publishes 10 new peer review reports

On March 14, 2016 the Global Forum on Transparency and Exchange of Information for Tax Purposes published 10 new peer review reports. 2 of them are Phase 1 reports, the other 8 are Phase 2 reports.

Phase 1 reports (“Legal and Regulatory Framework”) were published for Croatia and Tunisia. According to a press release published on the OECD website both Croatia and Tunisia were assessed to have legal frameworks in place to enable them to move to Phase 2 of the review process, which will assess exchange of information practices.

Phase 2 reports (“Implementation of the Standard in Practice”) were published for Botswana, El Salvador, Georgia, Kenya, Mauritania, Nigeria, Niue and Saudi Arabia.

· The overall rating of Botswana is Largely Compliant;

· The overall rating of El Salvador is Largely Compliant;

· The overall rating of Georgia is Largely Compliant;

· The overall rating of Kenya is Largely Compliant;

· The overall rating of Mauritania is Largely Compliant;

· The overall rating of Nigeria is Largely Compliant;

· The overall rating of Niue is Largely Compliant;

· The overall rating of Saudi Arabia is Largely Compliant;

Click below on the country of your choice to be forwarded to the OECD page where you can read the report of your choice:

· Croatia;

· Tunisia;

· Botswana;