Friday 14 August 2015

Monitoring of super-rich finances may rise as a result of tax information exchange, says expert

Pinsent Masons: The OECD said this week that tax authorities around the world must improve their monitoring of the super-rich. While 85% of revenue bodies have set up dedicated divisions to manage large corporate taxpayers, far fewer have similar arrangements for high net worth individual (HNWI) taxpayers, the OECD said.

Full story: http://www.out-law.com/en/articles/2015/august/monitoring-of-super-rich-finances-may-rise-as-a-result-of-tax-information-exchange-says-expert/