In my June 1, 2009 "Asset Search News Roundup" I wrote about how national tax authorities can enter into tax information exchange agreements.  The July 24, 2009 article "Tax Transparency Is Set To Increase", also discusses these agreements, which sometimes uncover offshore assets hidden in a tax fraud.  As "Tax Transparency Is Set To Increase" and the articles below suggest, there could be an emerging trend toward the execution of more tax information exchange agreements:

• "Ireland and Bermuda sign tax agreement"

• "Germany and Liechtenstein Agree on Tax-Exchange Arrangement"

• "Belgium Has ‘Substantially Implemented’ Tax Standard – OECD"

• "Guernsey signs New Zealand tax exchange deal"
   

Copyright 2009 Fred L. Abrams