Our classes are offered both online and on-campus.

OECD lists the top 10 toughest countries on tax evasion

OECD lists the top 10 toughest countries on tax evasion

With more moves to streamline international efforts to combat tax evasion by multinationals, a new tax information exchange agreement now includes 51 countries.

The Organisation for Economic Cooperation and Development (OECD) is behind the new measures to automatically exchange tax information between nations and manage the differences on how tax issues are dealt with.

Top ten countries

The contractor management specialist CXC Global has identified the ten countries with the most aggressive approach to dealing with tax evasion in a recent survey.

Based on information from offices across its global network, CXC Global found that Spain, Germany, Brazil, Russia and Argentina were the most pro-active when it comes to tackling the issue.

The UK came sixth in the list, followed by Australia, Canada, Indonesia and New Zealand.

High profile targets

Germany recently jailed high profile figure and World Cup-winning footballer Uli Hoeness for tax fraud with a sentence of three and a half years, whilst Brazil has accused footballer Neymar of evading around $16m in taxes from 2011 to 2013. Spain has also recently hit the headlines for taking action against top footballers Lionel Messi, Xabi Alonso, and Javier Mascherano.

As the impact of this cross-border co-operation comes into force, it must be expected that some big name companies will fall under the spotlight regarding international taxation issues.

Other News

ACCA and CIPM of Nigeria sign a collaborative agreement

According to a recent article by The Guardian earlier this month, the Association of Chartered Certified Accountants (ACCA) and the…

AAT achieve KHDA recognition

We are excited to announce that AAT has been officially recognised as an International Certification Organisation by the Knowledge and…

LSBF Professional Qualifications Campus Re-opening from 1 September

We’re excited to announce that from Tuesday 1 September, our doors will be reopening to students, and we have put…

Back to top