Why the’Panama Papers’ Could Implode the OECD AEOI Agenda.

@Panama

So tonight’s PBBC Panarama‬ programme on the Panama Papers was a total yawn.Besides the tepid reporting and comical ‘stings’ on a couple of people whose names turned up in the leaked files there was not much else to recommend it.

However, the post BBC news clip about the leaks which featured the now, well-worn innuendo about  independent small state international financial centres, the sound bite by the Director of the OECD Centre for Tax Policy and Administration who has some oversight in the work of the Global Forum on Transparency and Exchange of Information for Tax Purposes, and Automatic exchange of Information (the new standard) did shed some light on what, to my mind, is the bigger question..Why Now?.

The other by-product of  the Panama Papers was to perhaps inadvertently provide further support for the US  position that it will not exchange taxpayer information with countries that can’t…

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