Global Forum on Transparency and Exchange of Information for Tax Purposes

Putting an end to offshore tax evasion

With 161 members, the Global Forum on Transparency and Exchange of Information for Tax Purposes is the leading international body working on the implementation of global transparency and exchange of information standards around the world.

Since the G20 declared the end of banking secrecy in 2009, the international community has achieved great success in the fight against offshore tax evasion. Working through the Global Forum, countries have implemented robust standards that have prompted an unprecedented level of transparency in tax matters.

Our areas of expertise

Exchange of information on request

This standard requires the transparency of banking and accounting records as well as ownership of entities and legal arrangements. It provides a framework for obtaining information on request between tax authorities.

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Automatic exchange of information

This standard allows for the automatic annual exchange of information on offshore financial accounts.

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Technical assistance

Technical assistance activities ensure that all our members receive support, and benefit from the tools to implement the international tax standards. 

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Making a difference

€ 102 billion

Voluntary disclosure programmes, offshore tax investigations and related measures have generated over €100 billion in additional revenues.

€ 102 billion
plus
250 000 information requests

Over 250 000 requests for information have been received by our members in 10 years, enabling the collection of more than € 7.5 billion in additional tax.

250 000 information requests
plus
€ 10 trillion in value of financial accounts

Information on 84 million financial accounts, with a total value of € 10 trillion, was automatically exchanged in 2019 and is set to grow further in the years to come.

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€ 10 trillion in value of financial accounts
plus

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