Common Reporting Standard Archive

Penguins hold millions in Australian banks: revealing trends from Australian and German banking statistics
December 14, 2021
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TweetShareSharePin0 Shares Automatic exchange of bank account information (the A of the ABCs of tax transparency) is a crucial tool to tackle offshore wealth and tax evasion by disclosing to tax authorities information on the foreign bank accounts held by each country’s taxpayers. It also provides useful data to reveal offshore strategies used by those