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Annual Report 201819Contents About the Forum ........................................................................................................... 1Directors Report ..........................................................................................................
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Global Forum annual reports provide a comprehensive overview of a jurisdiction's efforts and progress in implementing the standards set by the Global Forum on Transparency and Exchange of Information for Tax Purposes.
Jurisdictions that are members of the Global Forum and have committed to implementing international standards on transparency and exchange of information for tax purposes are required to file these reports.
To fill out global forum annual reports, jurisdictions must follow the reporting guidelines provided by the Global Forum, which typically includes collecting information on legal frameworks, practices in information exchange, and other relevant data.
The purpose of global forum annual reports is to assess and review the effectiveness of jurisdictions in implementing the standards for transparency and information exchange, ultimately aiming to improve global tax compliance.
Jurisdictions must report information regarding their legal and administrative frameworks, experiences in exchanging information, the number of requests received and sent, and any improvements made in these areas.
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