Following on from its work on the role of tax intermediaries, the OECD now invites interested parties to comment on its project on high net worth individuals. The discussion paper considers such concepts as co-operative compliance and the creation of a framework to encourage high net worth individuals and their advisors to volunteer relevant information.

Comments must be submitted no later than 31 December 2008.

In accordance with the OECD announcement, the United Kingdom (HMRC) and Ireland (Revenue Commissioners) held a joint public consultation meeting on December 4, in London.

Further information is available at http://www.oecd.org/document/34/0,3343,en_2649_33749_41578530_1_1_1_37427,00.html.