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Monday, May 23, 2022
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Global Forum Secretariat, AfDB and World Bank deliver new manual on Exchange of Information for tax purposes

Exchange of information (EOI) is an essential tool for tax authorities worldwide to ensure that all taxpayers pay the correct amount of tax

by APO Group
September 20, 2021
in Business
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The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum), the World Bank Group and the African Development Bank (www.AfDB.org) have jointly published a new version of the Manual on Exchange of Information (https://bit.ly/3CovIgS), in order to support tax authorities.

Exchange of information (EOI) is an essential tool for tax authorities worldwide to ensure that all taxpayers pay the correct amount of tax.

The previous edition of the manual, issued in 2013 by the Global Forum and the World Bank Group, was dedicated to exchange of information on request and spontaneous exchange of information. This new edition covers a broader range of exchange-of-information tools, such as tax examinations allowing two or more jurisdictions to conduct simultaneous audits of person(s) of common or complementary interest, or tax examinations abroad to collect information in a foreign jurisdiction.

World Bank, AfDB, Global Forum Unleash New EOI Manual To Support Taxation Worldwide – Arise News

The manual can easily be tailored to address a jurisdiction’s specific needs. It also provides checklists and various template letters to deal with the main forms of communications carried out by EOI units.

French, Spanish and Portuguese versions of the manual will be published over the coming months.

Click here to download the manual – https://bit.ly/3CpmHo6
Click here to access more resources – https://bit.ly/3EpDtFf

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Tags: African Development Bank (AfDB)Exchange of information (EOI)The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum)the World Bank Group

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The APO - Africa Newsroom offers the latest Africa-related news releases & official statements issued by companies, governments, international organizations, and NGO's. The following is a service in partnership with The Exchange to distribute greater African-related news content.

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