Brussels, 13/02/2014 (Agence Europe) - On Thursday 12 February, the Organisation for Economic Cooperation and Development (OECD) unveiled a new single, global standard for the automatic exchange of bank information (AEI) to be introduced by tax offices around the world and form the basis of future bilateral or multilateral tax deals to prevent tax evasion by depositing cash abroad.
The new standards will be submitted to G20 finance ministers at a summit in Sydney, Australia, on 22 and 23...