13/11/2023 (Agence Europe) – Mathias Cormann, Secretary-General of the OECD, welcomed in a statement on Friday 10 November the commitment made by 48 countries to implement the global standard on tax transparency for crypto-assets by 2027. In his words, this coordinated action is “a major step forward, marking another important milestone towards the widespread and co-ordinated approach to combat tax evasion through greater transparency and exchange of information”. The Crypto-Asset Reporting Framework (CARF) is an essential component of the international standards for the automatic exchange of information in tax matters. It provides for the automatic exchange of tax information on crypto-assets and has been shaped against the backdrop of the rapid development of the use of crypto-assets for all kinds of payment and investment transactions (see EUROPE 13247/16, 13273/37). (AD)