The OECD have responded to recent reports of tax evasion in Germany by asking how to respond to countries and territories that seek to profit from tax dodging by residents of other jurisdictions.

OECD countries and a number of co-operative financial centres have been working together for a number of years to address the problems posed by anticompetitive tax practices, both in OECD countries and offshore, by developing standards of transparency and exchange of information in tax matters that balance the interests of financial privacy with the need for countries to be able to enforce their own tax laws.

The OECD state that despite these efforts, a few jurisdictions still fall short of best-practice standards, effectively providing a basis for illegal tax evasion on the part of some of their customers.