TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

New joiners to automatic exchange of information

Seven new countries have joined the agreement to the automatic exchange of information under the OECD/G20 standard. Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand represent the latest joiners.

The agreement involves the automatic exchange between governments of financial account information, including balances, interest, dividends and sales proceeds from financial assets. It covers accounts held by both individuals and entities.

It is expected that the first automatic exchanges of information will take place in 2017 or 2018.