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Article summary

The Organisation for Economic Co-operation and Development (OECD) has published a statement by Bob Hamilton, Chair of the Forum on Tax Administration (FTA) and Chris Jordan, Chair of the FTA’s Joint International Task Force on Shared Intelligence and Collaboration (JITSIC), on the recent leaking of the Pandora Papers. According to the statement, the FTA, given its relationships established through the JITSIC, is able to establish a collaborative approach to ‘identifying and addressing aggressive tax avoidance and tax evasion involving multiple jurisdictions once the data becomes available’.