EU provides grant to Global Forum in support of tax transparency and exchange of information
The Commissioner for Economic and Financial Affairs, Taxation and Customs Union, Pierre Moscovici co-signed a €2 million grant contract with OECD partners in support of developing countries to meet global standards in tax transparency and information exchange.
The grant aims to support the Global Forum in providing quality technical assistance to developing countries in implementing international standards on Exchange of Information Request (EOIR) and Automatic Exchange of Information (AEOI). The technical assistance provided by the Global Forum to developing countries will play an important part in efforts to fight tax evasion and avoidance and generate revenues that are needed to achieve the Sustainable Development Goals.