OECD – Exchange of Information on Request. HANDBOOK FOR PEER REVIEWS 2016-2020
OECD – Exchange of Information on Request. HANDBOOK FOR PEER REVIEWS 2016-2020. The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out by over 130 jurisdictions which participate in the work of the Global Forum on an equal footing. The Global Forum is charged with in-depth monitoring and peer review of the implementation of the standards of transparency and exchange of information for tax purposes; being the standard of exchange of information on request (EOIR) and the standard of automatic exchange of information (AEOI). The EOIR standard is primarily reflected in the 2002 OECD Model Agreement on Exchange of Information on Tax Matters and its commentary, and in Article 26 of the OECD Model Tax Convention on Income and on Capital and its commentary, as updated in 2012. The Global has received a mandate from the G20 to monitor and review the implementation of the OECD Standard on AEOI and to assist developing countries in identifying their needs for technical assistance and capacity building in order to participate in and benefit from AEOI. All members of the Global Forum, as well as jurisdictions identified by the Global Forum as relevant to its work, are being reviewed under the EOIR standard. A first cycle of EOIR reviews took place from 2010 until 2016. The second round of EOIR reviews is scheduled from 2016 until 2020 against an enhanced EOIR standard, embedded in the 2016 EOIR Terms of Reference. The work on AEOI aims at establishment of the monitoring, support and review processes to best ensure the effective implementation of the AEOI standard for an AEOI review of jurisdictions starting from 2020. The ultimate goal of these reviews is to help jurisdictions to effectively implement the international standards of transparency and exchange of information for tax purposes. All review reports are published once adopted by the Global Forum and they thus represent agreed Global Forum reports. For more information on the work of the Global Forum on Transparency and Exchange of Information for Tax Purposes, and for copies of the published review reports, please refer to www.oecd.org/tax/transparency. About this handbook This handbook is intended to assist the assessment teams and the reviewed jurisdictions that are participating in the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) peer reviews and non-member reviews on EOIR under the second round of reviews (2016-20).