A new book has been released by the OECD based on the working group discussing the role of the tax intermediaries, such as lawyers, tax advisers, bankers, etc… The book can be read in PDF format at Study into the Role of Tax Intermediaries.
The book examines the role tax intermediaries play in the operation of tax systems and specifically discusses their role in what they call “unacceptable tax minimization arrangements”. As in any other OECD international initiative it will be interesting to see how the concepts of tax avoidance or minimization vs tax evasion are harmonized in such diverse jurisdictions, and agreements are reached.
In addition, the study identifies strategies for strengthening the relationship between tax intermediaries and revenue bodies, which is always welcome by all of us.
Tags: Double Tax Treaty, OECD