The Global Forum on Transparency and Exchange of Information for Tax Purposes has welcome Greenland, Cambodia, Madagascar and Haiti as its 143rd, 144th, 145th and 146th members in the fight against international tax evasion and avoidance.

In a statement on the OECD website, Maria José Garde, Chair of the Global Forum, said “I am delighted and welcome that countries from all corners of the world are joining the fight against tax evasion by becoming Global Forum members. The continuing growth in our membership has greatly strengthened international efforts to improve tax transparency for the benefit of all.”

The Global Forum’s aim is to ensure that all jurisdictions adhere to the same high standard of international co-operation in tax matters. This is done through a robust monitoring and peer review process in which Cambodia, Greenland, Haiti and Madagascar will participate as well as by providing technical assistance to member countries. Greenland is also committed to start its first automatic exchanges of financial account information in 2018. The Global Forum Secretariat will work with Cambodia, Haiti and Madagascar to ensure they can participate in automatic exchange of information as soon as practicable.

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